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Company Registration No. 04936308 (England and Wales)
Phil Daniel Plastering & Tiling Limited Unaudited accounts for the year ended 31 December 2023
Phil Daniel Plastering & Tiling Limited Unaudited accounts Contents
Page
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Phil Daniel Plastering & Tiling Limited Company Information for the year ended 31 December 2023
Director
Mr Phil T Daniel
Secretary
Mrs Julie E Daniel
Company Number
04936308 (England and Wales)
Registered Office
7 ST. ANDREWS AVENUE HARROGATE NORTH YORKSHIRE HG2 7RN
Accountants
MGW Tax Services Ltd 124 City Road London EC1V 2NX
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Phil Daniel Plastering & Tiling Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,000 
10,000 
Tangible assets
8,286 
2,740 
17,286 
12,740 
Current assets
Inventories
235 
235 
Cash at bank and in hand
1,609 
6,059 
1,844 
6,294 
Creditors: amounts falling due within one year
(16,430)
(6,886)
Net current liabilities
(14,586)
(592)
Total assets less current liabilities
2,700 
12,148 
Provisions for liabilities
Deferred tax
(1,574)
(521)
Net assets
1,126 
11,627 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,026 
11,527 
Shareholders' funds
1,126 
11,627 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 August 2024 and were signed on its behalf by
Mr Phil T Daniel Director Company Registration No. 04936308
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Phil Daniel Plastering & Tiling Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Phil Daniel Plastering & Tiling Limited is a private company, limited by shares, registered in England and Wales, registration number 04936308. The registered office is 7 ST. ANDREWS AVENUE, HARROGATE, NORTH YORKSHIRE, HG2 7RN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
20,000 
At 31 December 2023
20,000 
Amortisation
At 1 January 2023
10,000 
Charge for the year
1,000 
At 31 December 2023
11,000 
Net book value
At 31 December 2023
9,000 
At 31 December 2022
10,000 
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Phil Daniel Plastering & Tiling Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
3,060 
10,194 
13,254 
Additions
- 
10,500 
10,500 
Disposals
- 
(10,194)
(10,194)
At 31 December 2023
3,060 
10,500 
13,560 
Depreciation
At 1 January 2023
2,512 
8,002 
10,514 
Charge for the year
137 
2,625 
2,762 
On disposals
- 
(8,002)
(8,002)
At 31 December 2023
2,649 
2,625 
5,274 
Net book value
At 31 December 2023
411 
7,875 
8,286 
At 31 December 2022
548 
2,192 
2,740 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
10,000 
- 
Taxes and social security
5,478 
6,553 
Loans from directors
952 
333 
16,430 
6,886 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
1,574 
521 
2023 
2022 
£ 
£ 
Provision at start of year
521 
694 
Charged/(credited) to the profit and loss account
1,053 
(173)
Provision at end of year
1,574 
521 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
During the year dividends totalling £35,000 were paid to Mr P T Daniel, the director of the company.
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Phil Daniel Plastering & Tiling Limited Notes to the Accounts for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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