IRIS Accounts Production v24.1.0.578 02622006 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh026220062023-03-31026220062024-03-31026220062023-04-012024-03-31026220062022-03-31026220062022-04-012023-03-31026220062023-03-3102622006ns15:EnglandWales2023-04-012024-03-3102622006ns14:PoundSterling2023-04-012024-03-3102622006ns10:Director12023-04-012024-03-3102622006ns10:Director22023-04-012024-03-3102622006ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3102622006ns10:SmallEntities2023-04-012024-03-3102622006ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3102622006ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3102622006ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102622006ns10:FullAccounts2023-04-012024-03-3102622006ns10:Director32023-04-012024-03-3102622006ns10:CompanySecretary12023-04-012024-03-3102622006ns10:RegisteredOffice2023-04-012024-03-3102622006ns5:CurrentFinancialInstruments2024-03-3102622006ns5:CurrentFinancialInstruments2023-03-3102622006ns5:Non-currentFinancialInstruments2024-03-3102622006ns5:Non-currentFinancialInstruments2023-03-3102622006ns5:ShareCapital2024-03-3102622006ns5:ShareCapital2023-03-3102622006ns5:RetainedEarningsAccumulatedLosses2024-03-3102622006ns5:RetainedEarningsAccumulatedLosses2023-03-3102622006ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-012024-03-3102622006ns5:PlantMachinery2023-04-012024-03-3102622006ns5:FurnitureFittings2023-04-012024-03-3102622006ns5:MotorVehicles2023-04-012024-03-3102622006ns5:ComputerEquipment2023-04-012024-03-3102622006ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-3102622006ns5:PlantMachinery2023-03-3102622006ns5:FurnitureFittings2023-03-3102622006ns5:LongLeaseholdAssetsns5:LandBuildings2024-03-3102622006ns5:PlantMachinery2024-03-3102622006ns5:FurnitureFittings2024-03-3102622006ns5:LongLeaseholdAssetsns5:LandBuildings2023-03-3102622006ns5:PlantMachinery2023-03-3102622006ns5:FurnitureFittings2023-03-3102622006ns5:MotorVehicles2023-03-3102622006ns5:ComputerEquipment2023-03-3102622006ns5:MotorVehicles2024-03-3102622006ns5:ComputerEquipment2024-03-3102622006ns5:MotorVehicles2023-03-3102622006ns5:ComputerEquipment2023-03-3102622006ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3102622006ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3102622006ns10:Director222023-03-3102622006ns10:Director222022-03-3102622006ns10:Director222023-04-012024-03-3102622006ns10:Director222022-04-012023-03-3102622006ns10:Director222024-03-3102622006ns10:Director222023-03-3102622006ns10:Director332023-03-3102622006ns10:Director332022-03-3102622006ns10:Director332023-04-012024-03-3102622006ns10:Director332022-04-012023-03-3102622006ns10:Director332024-03-3102622006ns10:Director332023-03-31
REGISTERED NUMBER: 02622006 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

PEMBROKE COACHWORKS LIMITED

PEMBROKE COACHWORKS LIMITED (REGISTERED NUMBER: 02622006)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PEMBROKE COACHWORKS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mr H K W Bateman
Mr M Lewis



SECRETARY:



REGISTERED OFFICE: Unit 3
London Road Industrial Est
Pembroke Dock
Pembrokeshire
SA72 4RZ



REGISTERED NUMBER: 02622006 (England and Wales)



ACCOUNTANTS: L M Griffiths & Co Limited
Chartered Certified Accountants
1&2 Merlins Court
Winch Lane
Haverfordwest
Pembrokeshire
SA61 1SB



BANKERS: National Westminster Bank Plc
18 High Street
Haverfordwest
Pembrokeshire
SA61 2DE

PEMBROKE COACHWORKS LIMITED (REGISTERED NUMBER: 02622006)

STATEMENT OF FINANCIAL POSITION
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - 55,062

CURRENT ASSETS
Inventories 5 - 15,869
Debtors 6 296,373 13,432
Cash at bank and in hand 4,524 33,850
300,897 63,151
CREDITORS
Amounts falling due within one year 7 25,417 9,936
NET CURRENT ASSETS 275,480 53,215
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,480

108,277

CREDITORS
Amounts falling due after more than one
year

8

95,860

13,860
NET ASSETS 179,620 94,417

CAPITAL AND RESERVES
Called up share capital 1,001 1,001
Retained earnings 178,619 93,416
SHAREHOLDERS' FUNDS 179,620 94,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

PEMBROKE COACHWORKS LIMITED (REGISTERED NUMBER: 02622006)

STATEMENT OF FINANCIAL POSITION - continued
31 March 2024


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 2 October 2024 and were signed on its behalf by:




Mrs J Bateman - Director



Mr M Lewis - Director


PEMBROKE COACHWORKS LIMITED (REGISTERED NUMBER: 02622006)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Pembroke Coachworks 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The directors are not aware of any material uncertainties in making their assessment of going concern. As a result they have adopted the going concern basis of accounting.

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

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 2% on cost
Plant and machinery - 15% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 15% on cost

Property, plant and equipment is measured at cost less accumulated depreciation and any accumulated impairment losses.

Inventories and work in progress
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

PEMBROKE COACHWORKS LIMITED (REGISTERED NUMBER: 02622006)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Income recognition
The company's turnover represents the sale of goods and services. The company recognises income as soon as the customers order has been dispatched and a sales invoice billed and sent to the customer.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 7 ).

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 April 2023 92,708 120,678 10,964
Disposals (92,708 ) (120,678 ) (10,964 )
At 31 March 2024 - - -
DEPRECIATION
At 1 April 2023 43,407 115,577 10,937
Eliminated on disposal (43,407 ) (115,577 ) (10,937 )
At 31 March 2024 - - -
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 49,301 5,101 27

PEMBROKE COACHWORKS LIMITED (REGISTERED NUMBER: 02622006)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 51,124 28,295 303,769
Disposals (51,124 ) (28,295 ) (303,769 )
At 31 March 2024 - - -
DEPRECIATION
At 1 April 2023 51,123 27,663 248,707
Eliminated on disposal (51,123 ) (27,663 ) (248,707 )
At 31 March 2024 - - -
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 1 632 55,062

5. INVENTORIES
2024 2023
£    £   
Inventories - 15,869

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 4,277
Other debtors 296,373 9,155
296,373 13,432

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (1 ) 3,174
Taxation and social security 24,218 2,848
Other creditors 1,200 3,914
25,417 9,936

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 95,860 13,860

PEMBROKE COACHWORKS LIMITED (REGISTERED NUMBER: 02622006)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr M Lewis
Balance outstanding at start of year 13,848 13,848
Amounts advanced 41,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 54,848 13,848

Mr H K W Bateman
Balance outstanding at start of year 12 12
Amounts advanced 41,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 41,012 12