IRIS Accounts Production v24.2.0.383 00839219 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary shares of £1 each 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh008392192023-03-31008392192024-03-31008392192023-04-012024-03-31008392192022-03-31008392192022-04-012023-03-31008392192023-03-3100839219ns15:EnglandWales2023-04-012024-03-3100839219ns14:PoundSterling2023-04-012024-03-3100839219ns10:Director12023-04-012024-03-3100839219ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3100839219ns10:SmallEntities2023-04-012024-03-3100839219ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3100839219ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3100839219ns10:FullAccounts2023-04-012024-03-3100839219ns10:OrdinaryShareClass12023-04-012024-03-3100839219ns10:RegisteredOffice2023-04-012024-03-3100839219ns5:CurrentFinancialInstruments2024-03-3100839219ns5:CurrentFinancialInstruments2023-03-3100839219ns5:ShareCapital2024-03-3100839219ns5:ShareCapital2023-03-3100839219ns5:RevaluationReserve2024-03-3100839219ns5:RevaluationReserve2023-03-3100839219ns5:RetainedEarningsAccumulatedLosses2024-03-3100839219ns5:RetainedEarningsAccumulatedLosses2023-03-3100839219ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-04-012024-03-3100839219ns5:PlantMachinery2023-04-012024-03-3100839219ns5:FurnitureFittings2023-04-012024-03-3100839219ns5:MotorVehicles2023-04-012024-03-3100839219ns5:LandBuildings2023-03-3100839219ns5:PlantMachinery2023-03-3100839219ns5:FurnitureFittings2023-03-3100839219ns5:MotorVehicles2023-03-3100839219ns5:LandBuildings2023-04-012024-03-3100839219ns5:LandBuildings2024-03-3100839219ns5:PlantMachinery2024-03-3100839219ns5:FurnitureFittings2024-03-3100839219ns5:MotorVehicles2024-03-3100839219ns5:LandBuildings2023-03-3100839219ns5:PlantMachinery2023-03-3100839219ns5:FurnitureFittings2023-03-3100839219ns5:MotorVehicles2023-03-3100839219ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3100839219ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3100839219ns5:DeferredTaxation2023-03-3100839219ns5:DeferredTaxation2023-04-012024-03-3100839219ns5:DeferredTaxation2024-03-3100839219ns10:OrdinaryShareClass12024-03-3100839219ns5:RevaluationReserve2023-03-31
REGISTERED NUMBER: 00839219 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2024

for

P J Whitehurst (Building) Limited

P J Whitehurst (Building) Limited (Registered number: 00839219)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P J Whitehurst (Building) Limited

Company Information
for the Year Ended 31st March 2024







DIRECTOR: Mr P L Whitehurst





REGISTERED OFFICE: Whitehurst
Watchorn Lane
South Normanton
Alfreton
Derbyshire
DE55 2AT





REGISTERED NUMBER: 00839219 (England and Wales)

P J Whitehurst (Building) Limited (Registered number: 00839219)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 237,948 245,468

CURRENT ASSETS
Stocks 178,182 166,847
Debtors 5 74,979 68,495
Cash at bank 4,827 32,961
257,988 268,303
CREDITORS
Amounts falling due within one year 6 531,863 548,029
NET CURRENT LIABILITIES (273,875 ) (279,726 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,927

)

(34,258

)

PROVISIONS FOR LIABILITIES 7 9,110 10,539
NET LIABILITIES (45,037 ) (44,797 )

CAPITAL AND RESERVES
Called up share capital 8 2,000 2,000
Revaluation reserve 9 165,973 165,973
Retained earnings (213,010 ) (212,770 )
SHAREHOLDERS' FUNDS (45,037 ) (44,797 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 J Whitehurst (Building) Limited (Registered number: 00839219)

Balance Sheet - continued
31st 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 director and authorised for issue on 23rd September 2024 and were signed by:





Mr P L Whitehurst - Director


P J Whitehurst (Building) Limited (Registered number: 00839219)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

P J Whitehurst (Building) 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 as modified by the revaluation of certain assets.

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.
Freehold property - not provided
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 20% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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 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.

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.

P J Whitehurst (Building) Limited (Registered number: 00839219)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST OR VALUATION
At 1st April 2023
and 31st March 2024 190,000 180,979 30,001 59,131 460,111
DEPRECIATION
At 1st April 2023 - 152,352 22,894 39,397 214,643
Charge for year - 2,863 710 3,947 7,520
At 31st March 2024 - 155,215 23,604 43,344 222,163
NET BOOK VALUE
At 31st March 2024 190,000 25,764 6,397 15,787 237,948
At 31st March 2023 190,000 28,627 7,107 19,734 245,468

The freehold property has not been depreciated as they are regarded as investment properties.


Cost or valuation at 31st March 2024 is represented by:

Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Valuation in 1998 28,726 - - - 28,726
Valuation in 2001 4,247 - - - 4,247
Valuation in 2007 71,500 - - - 71,500
Valuation in 2010 11,500 - - - 11,500
Valuation in 2022 50,000 - - - 50,000
Cost 24,027 180,979 30,001 59,131 294,138
190,000 180,979 30,001 59,131 460,111

If Freehold buildings had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 24,027 24,027

Value of land in freehold land and buildings 24,027 24,027

Freehold land and buildings were valued on an open market basis on 31st March 2024 by Mr P L Whitehurst .

P J Whitehurst (Building) Limited (Registered number: 00839219)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 69,633 57,785
Other debtors 5,346 10,710
74,979 68,495

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 15,852 8,576
Taxation and social security 4,345 14,440
Other creditors 511,666 525,013
531,863 548,029

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 9,110 10,539

Deferred
tax
£   
Balance at 1st April 2023 10,539
Utilised during year (1,429 )
Balance at 31st March 2024 9,110

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,000 Ordinary shares of £1 each £1 2,000 2,000

9. RESERVES
Revaluation
reserve
£   
At 1st April 2023
and 31st March 2024 165,973

10. RELATED PARTY DISCLOSURES

During the year ended 31st March 2024 the company under took work for P L W Developments Limited to the value of £13,001 (2023:- £33,666) and made an administration charge of £10,007 (2023: - £17,474) to PLW Developments Limited. At the year end an amount of £181,209 (2023: - £194,125) was owed to PLW Developments Limited.