IRIS Accounts Production v24.3.0.553 03524490 Board of Directors Board of Directors Board of Directors 1.10.22 12.12.23 12.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035244902022-09-30035244902023-12-12035244902022-10-012023-12-12035244902021-09-30035244902021-10-012022-09-30035244902022-09-3003524490ns15:EnglandWales2022-10-012023-12-1203524490ns14:PoundSterling2022-10-012023-12-1203524490ns10:Director12022-10-012023-12-1203524490ns10:Director22022-10-012023-12-1203524490ns10:Director32022-10-012023-12-1203524490ns10:PrivateLimitedCompanyLtd2022-10-012023-12-1203524490ns10:SmallEntities2022-10-012023-12-1203524490ns10:AuditExempt-NoAccountantsReport2022-10-012023-12-1203524490ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-12-1203524490ns10:SmallCompaniesRegimeForAccounts2022-10-012023-12-1203524490ns10:FullAccounts2022-10-012023-12-120352449012022-10-012023-12-1203524490ns10:RegisteredOffice2022-10-012023-12-1203524490ns5:CurrentFinancialInstruments2023-12-1203524490ns5:CurrentFinancialInstruments2022-09-3003524490ns5:ShareCapital2023-12-1203524490ns5:ShareCapital2022-09-3003524490ns5:RetainedEarningsAccumulatedLosses2023-12-1203524490ns5:RetainedEarningsAccumulatedLosses2022-09-3003524490ns5:NetGoodwill2022-10-012023-12-1203524490ns5:PlantMachinery2022-10-012023-12-1203524490ns5:NetGoodwill2022-09-3003524490ns5:NetGoodwill2023-12-1203524490ns5:NetGoodwill2022-09-3003524490ns5:PlantMachinery2022-09-3003524490ns5:PlantMachinery2023-12-1203524490ns5:PlantMachinery2022-09-3003524490ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-1203524490ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3003524490ns5:CurrentFinancialInstruments2022-10-012023-12-12
REGISTERED NUMBER: 03524490 (England and Wales)















Unaudited Financial Statements

for the Period 1 October 2022 to 12 December 2023

for

Putterill's Of Hertfordshire Limited

Putterill's Of Hertfordshire Limited (Registered number: 03524490)

Contents of the Financial Statements
for the Period 1 October 2022 to 12 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Putterill's Of Hertfordshire Limited

Company Information
for the Period 1 October 2022 to 12 December 2023







DIRECTORS: Mrs T K Kosmalski
Mr R Stokes
Mr J G Godfrey





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





BUSINESS ADDRESS: 63 High Street
Old Town
Stevenage
Hertfordshire
SG1 3AQ





REGISTERED NUMBER: 03524490 (England and Wales)

Putterill's Of Hertfordshire Limited (Registered number: 03524490)

Balance Sheet
12 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 9,545
Tangible assets 6 677 903
677 10,448

CURRENT ASSETS
Debtors 7 57,574 82,319
Cash at bank 17,980 18,762
75,554 101,081
CREDITORS
Amounts falling due within one year 8 33,616 61,842
NET CURRENT ASSETS 41,938 39,239
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,615

49,687

PROVISIONS FOR LIABILITIES 129 172
NET ASSETS 42,486 49,515

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 42,386 49,415
42,486 49,515

Putterill's Of Hertfordshire Limited (Registered number: 03524490)

Balance Sheet - continued
12 December 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 12 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 12 December 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.

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 22 October 2024 and were signed on its behalf by:




Mrs T K Kosmalski - Director Mr R Stokes - Director




Mr J G Godfrey - Director


Putterill's Of Hertfordshire Limited (Registered number: 03524490)

Notes to the Financial Statements
for the Period 1 October 2022 to 12 December 2023


1. STATUTORY INFORMATION

Putterill's Of Hertfordshire 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the franchise fees receivable as specified by the franchise agreement. Turnover is stated net of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been amortised evenly over its estimated useful life of twenty years.

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.
Plant and machinery etc - 25% on reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.


Putterill's Of Hertfordshire Limited (Registered number: 03524490)

Notes to the Financial Statements - continued
for the Period 1 October 2022 to 12 December 2023


3. ACCOUNTING POLICIES - continued
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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - 1 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 12 December 2023 382,000
AMORTISATION
At 1 October 2022 372,455
Charge for period 9,545
At 12 December 2023 382,000
NET BOOK VALUE
At 12 December 2023 -
At 30 September 2022 9,545

Putterill's Of Hertfordshire Limited (Registered number: 03524490)

Notes to the Financial Statements - continued
for the Period 1 October 2022 to 12 December 2023


6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 12 December 2023 1,607
DEPRECIATION
At 1 October 2022 704
Charge for period 226
At 12 December 2023 930
NET BOOK VALUE
At 12 December 2023 677
At 30 September 2022 903

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 50,676 63,174
Other debtors 6,898 19,145
57,574 82,319

Other debtors consist of accrued income of £6,738 (2022 - £18,370) and refunds receivable of £160 (2022 - £775).

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 6,296 17,597
Taxation and social security 4,178 22,845
Other creditors 23,142 21,400
33,616 61,842

Other creditors consist of accruals of £1,716 (2022 - £1,702), directors loans of £15,827 (2022 - £nil), intercompany loans of £5,279 (2022 - £19,536) and other creditors of £320 (2022 - £162).

9. PARENT COMPANY

The ultimate parent company is Putterills Holdings Limited. Putterills Holdings Limited is a company registered in England and Wales and whose registered office is Lewis House, Great Chesterford Court, Great Chesterford, Essex, United Kingdom, CB10 1PF.