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REGISTERED NUMBER: 04557384 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

PDL (CUMBRIA) LIMITED

PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PDL (CUMBRIA) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: Mr P Latham
Mrs D Latham



SECRETARY: Mrs D Latham



REGISTERED OFFICE: Greystones
Airfields Farm
Moor Lane, Flookburgh
Grange over Sands
Cumbria
LA11 7LS



REGISTERED NUMBER: 04557384 (England and Wales)



BANKERS: National Westminster Bank plc
10 Elephants Yard
Kendal
Cumbria
LA9 4LZ

PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384)

ABRIDGED BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 618,975 632,884

CURRENT ASSETS
Debtors - 2,024
Cash at bank 25,670 16,626
25,670 18,650
CREDITORS
Amounts falling due within one year 44,078 45,984
NET CURRENT LIABILITIES (18,408 ) (27,334 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

600,567

605,550

CREDITORS
Amounts falling due after more than one year 77,685 87,093
NET ASSETS 522,882 518,457

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 522,880 518,455
SHAREHOLDERS' FUNDS 522,882 518,457

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:




Mr P Latham - Director



Mrs D Latham - Director


PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

PDL (Cumbria) 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 financial statements have been prepared on the going concern basis the directors having agreed to continue to support the company.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 1% on cost
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 796,624
Additions 3,584
At 31 October 2023 800,208
DEPRECIATION
At 1 November 2022 163,740
Charge for year 17,493
At 31 October 2023 181,233
NET BOOK VALUE
At 31 October 2023 618,975
At 31 October 2022 632,884

PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

5. SECURED DEBTS

National Westminster Bank plc hold a legal charge over the company's freehold property securing all monies due or becoming due by the company.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
2 Ordinary £1 2 2

7. RELATED PARTY DISCLOSURES

At 31st October 2023 Mr and Mrs P Latham, directors of the company, had on an unsecured interest free basis advanced £85,182 to the company.

(Prior year £81,152)

A peppercorn rent of £1 is paid to Mr and Mrs P Latham for the use of the garage building.