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REGISTERED NUMBER: 12825138 (England and Wales)















PBFL HOLDINGS LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






PBFL HOLDINGS LIMITED (REGISTERED NUMBER: 12825138)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


PBFL HOLDINGS LIMITED

Company Information
for the year ended 31 December 2023







Directors: M Hurley-Bett
P Bett Business Owner
S N Inchley





Secretary: S Kirk





Registered office: Toms Office
Flecknoe House Farm
Sawbridge Road
Flecknoe
Warwickshire
CV23 8AZ





Registered number: 12825138 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

PBFL HOLDINGS LIMITED (REGISTERED NUMBER: 12825138)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 433,381 515,333
Investments 5 133 133
433,514 515,466

Current assets
Debtors 6 6,826 15,452
Cash at bank 5,541 38,823
12,367 54,275
Creditors
Amounts falling due within one year 7 32,725 161,935
Net current liabilities (20,358 ) (107,660 )
Total assets less current liabilities 413,156 407,806

Provisions for liabilities 102,207 94,656
Net assets 310,949 313,150

Capital and reserves
Called up share capital 133 133
Retained earnings 310,816 313,017
310,949 313,150

PBFL HOLDINGS LIMITED (REGISTERED NUMBER: 12825138)

Balance Sheet - continued
31 December 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:





P Bett Business Owner - Director


PBFL HOLDINGS LIMITED (REGISTERED NUMBER: 12825138)

Notes to the Financial Statements
for the year ended 31 December 2023

1. Statutory information

PBFL Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about PBFL Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Employees and directors

The average number of employees during the year was 3 (2022 - 3 ) .

PBFL HOLDINGS LIMITED (REGISTERED NUMBER: 12825138)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£ £ £
Cost
At 1 January 2023 6,554 616,167 622,721
Additions - 46,453 46,453
Disposals - (91,816 ) (91,816 )
At 31 December 2023 6,554 570,804 577,358
Depreciation
At 1 January 2023 437 106,951 107,388
Charge for year 218 54,583 54,801
Eliminated on disposal - (18,212 ) (18,212 )
At 31 December 2023 655 143,322 143,977
Net book value
At 31 December 2023 5,899 427,482 433,381
At 31 December 2022 6,117 509,216 515,333

5. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 January 2023
and 31 December 2023 133
Net book value
At 31 December 2023 133
At 31 December 2022 133

6. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 6,600 9,500
Amounts owed by group undertakings 226 -
Other debtors - 5,952
6,826 15,452

7. Creditors: amounts falling due within one year
2023 2022
£ £
Amounts owed to group undertakings - 145,644
Taxation and social security 32,725 16,291
32,725 161,935