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REGISTERED NUMBER: 04446889 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

P D HUTCHINSON LIMITED

P D HUTCHINSON LIMITED (REGISTERED NUMBER: 04446889)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P D HUTCHINSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: D. J. Hutchinson
P.D. Hutchinson





SECRETARY: P.D. Hutchinson





REGISTERED OFFICE: Hole Beck Farm
Woodland
Broughton in Furness
Cumbria
LA20 6AH





REGISTERED NUMBER: 04446889 (England and Wales)





ACCOUNTANTS: Mitchinsons Accountants
22 Market Place
Kendal
Cumbria
LA9 4TN

P D HUTCHINSON LIMITED (REGISTERED NUMBER: 04446889)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 584,919 599,667

CURRENT ASSETS
Stocks 13,386 12,636
Debtors 5 14,859 5,022
Cash at bank 102,535 100,447
130,780 118,105
CREDITORS
Amounts falling due within one year 6 14,030 13,564
NET CURRENT ASSETS 116,750 104,541
TOTAL ASSETS LESS CURRENT
LIABILITIES

701,669

704,208

PROVISIONS FOR LIABILITIES 1,854 2,061
NET ASSETS 699,815 702,147

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 713,900 713,900
Retained earnings (14,185 ) (11,853 )
SHAREHOLDERS' FUNDS 699,815 702,147

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

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

P D HUTCHINSON LIMITED (REGISTERED NUMBER: 04446889)

BALANCE SHEET - continued
31 MAY 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 14 October 2024 and were signed on its behalf by:





D. J. Hutchinson - Director


P D HUTCHINSON LIMITED (REGISTERED NUMBER: 04446889)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

P D Hutchinson 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.

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.
Land and buildings - 2% on cost of buildings only

Plant and machinery - 10% reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 844,961 15,524 860,485
DEPRECIATION
At 1 June 2023 256,143 4,675 260,818
Charge for year 13,662 1,086 14,748
At 31 May 2024 269,805 5,761 275,566
NET BOOK VALUE
At 31 May 2024 575,156 9,763 584,919
At 31 May 2023 588,818 10,849 599,667

Included in cost of land and buildings is freehold land of £ 162,000 (2023 - £ 162,000 ) which is not depreciated.

P D HUTCHINSON LIMITED (REGISTERED NUMBER: 04446889)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,344 4,507
Other debtors 515 515
14,859 5,022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,421 1,593
Taxation and social security 3,607 2,519
Other creditors 9,002 9,452
14,030 13,564

7. ULTIMATE CONTROLLING PARTY

The controlling party is D. J. Hutchinson.