IRIS Accounts Production v24.3.0.553 09460737 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094607372023-02-28094607372024-02-29094607372023-03-012024-02-29094607372022-02-28094607372022-03-012023-02-28094607372023-02-2809460737ns15:EnglandWales2023-03-012024-02-2909460737ns14:PoundSterling2023-03-012024-02-2909460737ns10:Director12023-03-012024-02-2909460737ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2909460737ns10:SmallEntities2023-03-012024-02-2909460737ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2909460737ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2909460737ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2909460737ns10:FullAccounts2023-03-012024-02-2909460737ns10:OrdinaryShareClass12023-03-012024-02-2909460737ns10:RegisteredOffice2023-03-012024-02-2909460737ns5:CurrentFinancialInstruments2024-02-2909460737ns5:CurrentFinancialInstruments2023-02-2809460737ns5:Non-currentFinancialInstruments2024-02-2909460737ns5:Non-currentFinancialInstruments2023-02-2809460737ns5:ShareCapital2024-02-2909460737ns5:ShareCapital2023-02-2809460737ns5:RetainedEarningsAccumulatedLosses2024-02-2909460737ns5:RetainedEarningsAccumulatedLosses2023-02-2809460737ns5:PlantMachinery2023-03-012024-02-2909460737ns5:FurnitureFittings2023-03-012024-02-2909460737ns5:MotorVehicles2023-03-012024-02-2909460737ns5:ComputerEquipment2023-03-012024-02-2909460737ns5:PlantMachinery2023-02-2809460737ns5:FurnitureFittings2023-02-2809460737ns5:MotorVehicles2023-02-2809460737ns5:ComputerEquipment2023-02-2809460737ns5:PlantMachinery2024-02-2909460737ns5:FurnitureFittings2024-02-2909460737ns5:MotorVehicles2024-02-2909460737ns5:ComputerEquipment2024-02-2909460737ns5:PlantMachinery2023-02-2809460737ns5:FurnitureFittings2023-02-2809460737ns5:MotorVehicles2023-02-2809460737ns5:ComputerEquipment2023-02-2809460737ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-02-2809460737ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2809460737ns5:LeasedAssetsHeldAsLessee2023-02-2809460737ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2909460737ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2909460737ns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2909460737ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-02-2909460737ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2909460737ns5:LeasedAssetsHeldAsLessee2024-02-2909460737ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-02-2809460737ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2809460737ns5:LeasedAssetsHeldAsLessee2023-02-2809460737ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2909460737ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2809460737ns10:OrdinaryShareClass12024-02-29094607371ns10:Director12023-02-28094607371ns10:Director12022-02-28094607371ns10:Director12023-03-012024-02-29094607371ns10:Director12022-03-012023-02-28094607371ns10:Director12024-02-29094607371ns10:Director12023-02-28
REGISTERED NUMBER: 09460737 (England and Wales)




































FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

PKUK LTD.
TRADING AS
PKUK EVENTS LIMITED

PKUK LTD. (REGISTERED NUMBER: 09460737)
TRADING AS PKUK EVENTS LIMITED

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PKUK LTD.
TRADING AS PKUK EVENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTOR: P D Kemp





REGISTERED OFFICE: Venture House
The Tanneries
East Street
Fareham
Hampshire
PO14 4AR





REGISTERED NUMBER: 09460737 (England and Wales)





ACCOUNTANTS: Compass Accountants Limited
Chartered Accountants
Venture House
The Tanneries
East Street
Titchfield
Hampshire
PO14 4AR

PKUK LTD. (REGISTERED NUMBER: 09460737)
TRADING AS PKUK EVENTS LIMITED

BALANCE SHEET
29TH FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,041,617 917,792

CURRENT ASSETS
Debtors 5 341,577 117,375
Cash at bank 4 3,745
341,581 121,120
CREDITORS
Amounts falling due within one year 6 434,139 245,707
NET CURRENT LIABILITIES (92,558 ) (124,587 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

949,059

793,205

CREDITORS
Amounts falling due after more than one
year

7

(198,803

)

(272,739

)

PROVISIONS FOR LIABILITIES (260,404 ) (174,381 )
NET ASSETS 489,852 346,085

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 489,752 345,985
SHAREHOLDERS' FUNDS 489,852 346,085

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th November 2024 and were signed by:



P D Kemp - Director


PKUK LTD. (REGISTERED NUMBER: 09460737)
TRADING AS PKUK EVENTS LIMITED

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


1. STATUTORY INFORMATION

Pkuk 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
Revenue for the provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and associated costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured.

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 - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33.3% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
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.

PKUK LTD. (REGISTERED NUMBER: 09460737)
TRADING AS PKUK EVENTS LIMITED

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


2. ACCOUNTING POLICIES - continued

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.

Basic financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The company's financial assets and liabilities consist of cash and cash equivalents, short term investments, trade and other debtors, trade and other creditor, and accrued expenses. The fair value of these items approximates their carrying value due to their short term value. Unless otherwise noted, the company is not exposed to significant interest, foreign exchange or credit risks arising from these instruments.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st March 2023 1,190,640 82,622 72,434 73,136 1,418,832
Additions 195,185 140,932 46,697 10,394 393,208
Disposals (9,167 ) - (34,439 ) - (43,606 )
At 29th February 2024 1,376,658 223,554 84,692 83,530 1,768,434
DEPRECIATION
At 1st March 2023 368,646 35,290 31,688 65,416 501,040
Charge for year 187,409 37,653 16,939 10,834 252,835
Eliminated on disposal (2,969 ) - (24,089 ) - (27,058 )
At 29th February 2024 553,086 72,943 24,538 76,250 726,817
NET BOOK VALUE
At 29th February 2024 823,572 150,611 60,154 7,280 1,041,617
At 28th February 2023 821,994 47,332 40,746 7,720 917,792

PKUK LTD. (REGISTERED NUMBER: 09460737)
TRADING AS PKUK EVENTS LIMITED

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st March 2023 404,894 72,434 477,328
Additions - 46,697 46,697
At 29th February 2024 404,894 119,131 524,025
DEPRECIATION
At 1st March 2023 102,606 31,688 134,294
Charge for year 60,457 23,826 84,283
At 29th February 2024 163,063 55,514 218,577
NET BOOK VALUE
At 29th February 2024 241,831 63,617 305,448
At 28th February 2023 302,288 40,746 343,034

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 251,305 106,623
Other debtors 90,272 10,752
341,577 117,375

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 18,915 70,500
Hire purchase contracts 93,812 94,498
Trade creditors 139,447 4,136
Taxation and social security 178,393 57,225
Other creditors 3,572 19,348
434,139 245,707

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 23,500 40,500
Hire purchase contracts 175,303 232,239
198,803 272,739

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

PKUK LTD. (REGISTERED NUMBER: 09460737)
TRADING AS PKUK EVENTS LIMITED

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


9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29th February 2024 and 28th February 2023:

29.2.24 28.2.23
£    £   
P D Kemp
Balance outstanding at start of year (497 ) (2,485 )
Amounts advanced 207,212 139,900
Amounts repaid (125,012 ) (137,912 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 81,703 (497 )

Interest was charged on this loan at 2% and it is repayable on demand.