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REGISTERED NUMBER: 08655220 (England and Wales)















Financial Statements

for the Period 1st February 2023 to 30th January 2024

for

PG Site Services (S.E.) Limited

PG Site Services (S.E.) Limited (Registered number: 08655220)

Contents of the Financial Statements
for the period 1st February 2023 to 30th January 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PG Site Services (S.E.) Limited

Company Information
for the period 1st February 2023 to 30th January 2024







DIRECTORS: L Goodger
M Day
D L Goodger
TJ Lawrence





REGISTERED OFFICE: 1-3 Manor Road
Chatham
Kent
ME4 6AE





REGISTERED NUMBER: 08655220 (England and Wales)





ACCOUNTANTS: Beak Kemmenoe
Chartered Accountants
1-3 Manor Road
Chatham
Kent
ME4 6AE

PG Site Services (S.E.) Limited (Registered number: 08655220)

Balance Sheet
30th January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,679,221 2,701,867

CURRENT ASSETS
Stocks 151,436 135,211
Debtors 5 1,805,178 1,624,001
Cash at bank and in hand 43,196 152,419
1,999,810 1,911,631
CREDITORS
Amounts falling due within one year 6 2,054,188 2,017,900
NET CURRENT LIABILITIES (54,378 ) (106,269 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,624,843

2,595,598

CREDITORS
Amounts falling due after more than one
year

7

(401,477

)

(519,095

)

PROVISIONS FOR LIABILITIES (480,166 ) (391,355 )
NET ASSETS 1,743,200 1,685,148

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,743,100 1,685,048
SHAREHOLDERS' FUNDS 1,743,200 1,685,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th January 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.

PG Site Services (S.E.) Limited (Registered number: 08655220)

Balance Sheet - continued
30th January 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 15th October 2024 and were signed on its behalf by:





L Goodger - Director


PG Site Services (S.E.) Limited (Registered number: 08655220)

Notes to the Financial Statements
for the period 1st February 2023 to 30th January 2024


1. STATUTORY INFORMATION

PG Site Services (S.E.) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 10% on 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.

Taxation
Taxation for the period 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 period 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.

PG Site Services (S.E.) Limited (Registered number: 08655220)

Notes to the Financial Statements - continued
for the period 1st February 2023 to 30th January 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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2023 3,572,366
Additions 423,386
Disposals (191,050 )
At 30th January 2024 3,804,702
DEPRECIATION
At 1st February 2023 870,499
Charge for period 311,830
Eliminated on disposal (56,848 )
At 30th January 2024 1,125,481
NET BOOK VALUE
At 30th January 2024 2,679,221
At 31st January 2023 2,701,867

PG Site Services (S.E.) Limited (Registered number: 08655220)

Notes to the Financial Statements - continued
for the period 1st February 2023 to 30th January 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st February 2023 1,074,695
Additions 278,100
At 30th January 2024 1,352,795
DEPRECIATION
At 1st February 2023 195,849
Charge for period 115,695
At 30th January 2024 311,544
NET BOOK VALUE
At 30th January 2024 1,041,251
At 31st January 2023 878,846

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 831,366 567,289
Other debtors & prepayments 973,812 1,056,712
1,805,178 1,624,001

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 25,000 25,000
Hire purchase contracts 370,961 357,589
Trade creditors 452,361 514,132
Taxation and social security 113,236 35,562
Other creditors & accruals 1,092,630 1,085,617
2,054,188 2,017,900

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 41,667 66,667
Hire purchase contracts 359,810 452,428
401,477 519,095

PG Site Services (S.E.) Limited (Registered number: 08655220)

Notes to the Financial Statements - continued
for the period 1st February 2023 to 30th January 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 730,771 810,017

Assets held on hire purchase are secured on the assets concerned.