Company Registration No. 04699273 (England and Wales)
Paul Hall Joinery Limited
Unaudited accounts
for the year ended 31 March 2024
Paul Hall Joinery Limited
Unaudited accounts
Contents
Paul Hall Joinery Limited
Company Information
for the year ended 31 March 2024
Company Number
04699273 (England and Wales)
Registered Office
51 King George Avenue
Chapel Allerton
Leeds
West Yorkshire
LS7 4NP
Accountants
Sparham Harnell Limited
Churchill House
29 Mill Hill Road
Pontefract
West Yorkshire
WF8 4HY
Paul Hall Joinery Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
11,120
21,164
Creditors: amounts falling due within one year
(15,790)
(18,093)
Net current assets
2,183
8,121
Total assets less current liabilities
2,921
9,106
Provisions for liabilities
Called up share capital
200
200
Profit and loss account
2,582
8,720
Shareholders' funds
2,782
8,920
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2024 and were signed on its behalf by
Mr P Hall
Director
Company Registration No. 04699273
Paul Hall Joinery Limited
Notes to the Accounts
for the year ended 31 March 2024
Paul Hall Joinery Limited is a private company, limited by shares, registered in England and Wales, registration number 04699273. The registered office is 51 King George Avenue, Chapel Allerton, Leeds, West Yorkshire, LS7 4NP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Computer equipment
25% Straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Paul Hall Joinery Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
1,852
13,500
569
15,921
At 31 March 2024
1,852
13,500
569
15,921
At 1 April 2023
1,437
12,930
569
14,936
Charge for the year
104
143
-
247
At 31 March 2024
1,541
13,073
569
15,183
At 31 March 2024
311
427
-
738
At 31 March 2023
415
570
-
985
Work in progress
5,600
150
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,270
1,210
Taxes and social security
1,422
3,834
Loans from directors
12,378
12,329
Allotted, called up and fully paid:
100 Ordinary 'A' shares of £1 each
100
100
100 Ordinary 'B' shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).