PTP Accounts Production v24.2.0.383 09464212 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094642122023-02-28094642122024-02-29094642122023-03-012024-02-29094642122022-02-28094642122022-03-012023-02-28094642122023-02-2809464212ns15:EnglandWales2023-03-012024-02-2909464212ns14:PoundSterling2023-03-012024-02-2909464212ns10:Director12023-03-012024-02-2909464212ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2909464212ns10:SmallEntities2023-03-012024-02-2909464212ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2909464212ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2909464212ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2909464212ns10:AbridgedAccounts2023-03-012024-02-290946421212023-03-012024-02-2909464212ns10:Director22023-03-012024-02-2909464212ns10:RegisteredOffice2023-03-012024-02-2909464212ns5:CurrentFinancialInstruments2024-02-2909464212ns5:CurrentFinancialInstruments2023-02-2809464212ns5:Non-currentFinancialInstruments2024-02-2909464212ns5:Non-currentFinancialInstruments2023-02-2809464212ns5:ShareCapital2024-02-2909464212ns5:ShareCapital2023-02-2809464212ns5:RetainedEarningsAccumulatedLosses2024-02-2909464212ns5:RetainedEarningsAccumulatedLosses2023-02-2809464212ns5:NetGoodwill2023-03-012024-02-2909464212ns5:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-29
REGISTERED NUMBER: 09464212 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

PEIRIANWAITH EMYR JONES ENGINEERING LTD

PEIRIANWAITH EMYR JONES ENGINEERING LTD (REGISTERED NUMBER: 09464212)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PEIRIANWAITH EMYR JONES ENGINEERING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTORS: Mr J E Jones
Mrs E E Jones





REGISTERED OFFICE: Gweldir
Bancyffordd
Llandysul
Carmarthenshire
SA44 4SD





REGISTERED NUMBER: 09464212 (England and Wales)

PEIRIANWAITH EMYR JONES ENGINEERING LTD (REGISTERED NUMBER: 09464212)

ABRIDGED BALANCE SHEET
29TH FEBRUARY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 27,000 27,000
Tangible assets 5 191,212 209,626
218,212 236,626

CURRENT ASSETS
Stocks 60,825 75,825
Debtors 70,808 27,790
131,633 103,615
CREDITORS
Amounts falling due within one year 218,562 178,305
NET CURRENT LIABILITIES (86,929 ) (74,690 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,283

161,936

CREDITORS
Amounts falling due after more than one
year

(9,057

)

(33,577

)

PROVISIONS FOR LIABILITIES (36,000 ) (40,000 )
NET ASSETS 86,226 88,359

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 86,116 88,249
SHAREHOLDERS' FUNDS 86,226 88,359

PEIRIANWAITH EMYR JONES ENGINEERING LTD (REGISTERED NUMBER: 09464212)

ABRIDGED BALANCE SHEET - continued
29TH FEBRUARY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

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 Income Statement and an abridged Balance Sheet for the year ended 29th February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 19th November 2024 and were signed on its behalf by:





Mr J E Jones - Director


PEIRIANWAITH EMYR JONES ENGINEERING LTD (REGISTERED NUMBER: 09464212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024

1. STATUTORY INFORMATION

Peirianwaith Emyr Jones Engineering Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015. There is no amortisation on the goodwill because, in the opinion of the directors, no reduction in its value is likely in the foreseeable future.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.


PEIRIANWAITH EMYR JONES ENGINEERING LTD (REGISTERED NUMBER: 09464212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

2. ACCOUNTING POLICIES - continued
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.

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

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.

Going concern basis of accounting
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the directors consider appropriate.

3. EMPLOYEES AND DIRECTORS

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

PEIRIANWAITH EMYR JONES ENGINEERING LTD (REGISTERED NUMBER: 09464212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

4. INTANGIBLE FIXED ASSETS
Totals
£
COST
At 1st March 2023
and 29th February 2024 27,000
NET BOOK VALUE

At 29th February 2024 27,000
At 28th February 2023 27,000

5. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1st March 2023 339,111
Additions 2,659
At 29th February 2024 341,770
DEPRECIATION
At 1st March 2023 129,485
Charge for year 21,073
At 29th February 2024 150,558
NET BOOK VALUE
At 29th February 2024 191,212
At 28th February 2023 209,626