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
Phil Daniel Plastering & Tiling Limited
Company Information
for the year ended 31 December 2023
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
Phil Daniel Plastering & Tiling Limited
Statement of financial position
as at 31 December 2023
Intangible assets
9,000
10,000
Tangible assets
8,286
2,740
Cash at bank and in hand
1,609
6,059
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
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
Phil Daniel Plastering & Tiling Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
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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.
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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
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Intangible fixed assets
Goodwill
At 31 December 2023
20,000
At 31 December 2023
11,000
At 31 December 2022
10,000
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
Disposals
-
(10,194)
(10,194)
At 31 December 2023
3,060
10,500
13,560
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
At 31 December 2023
411
7,875
8,286
At 31 December 2022
548
2,192
2,740
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Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,478
6,553
Loans from directors
952
333
7
Deferred taxation
2023
2022
Accelerated capital allowances
1,574
521
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
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.
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).