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REGISTERED NUMBER: 05668760 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

PETER GILDER SERVICES LIMITED

PETER GILDER SERVICES LIMITED (REGISTERED NUMBER: 05668760)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETER GILDER SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: P N T Gilder





SECRETARY: P N T Gilder





REGISTERED OFFICE: The Grafters
Fosseway
Lower Slaughter
Cheltenham
Gloucestershire
GL54 2EY





REGISTERED NUMBER: 05668760 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

PETER GILDER SERVICES LIMITED (REGISTERED NUMBER: 05668760)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 470,306 310,844

CURRENT ASSETS
Stocks 186,513 104,460
Debtors 5 66,028 182,316
Cash at bank 111,371 73,762
363,912 360,538
CREDITORS
Amounts falling due within one year 6 78,346 119,734
NET CURRENT ASSETS 285,566 240,804
TOTAL ASSETS LESS CURRENT
LIABILITIES

755,872

551,648

CREDITORS
Amounts falling due after more than one
year

7

(29,573

)

(4,375

)

PROVISIONS FOR LIABILITIES (62,967 ) (22,828 )
NET ASSETS 663,332 524,445

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 663,330 524,443
663,332 524,445

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

PETER GILDER SERVICES LIMITED (REGISTERED NUMBER: 05668760)

BALANCE SHEET - continued
31 JANUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 December 2024 and were signed by:





P N T Gilder - Director


PETER GILDER SERVICES LIMITED (REGISTERED NUMBER: 05668760)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Peter Gilder Services 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. 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.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

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.

PETER GILDER SERVICES LIMITED (REGISTERED NUMBER: 05668760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

2. ACCOUNTING POLICIES - continued

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.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern
There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Long Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 218,436 184,117 26,400 4,300 433,253
Additions - 149,518 52,886 1,622 204,026
Disposals - - (26,400 ) - (26,400 )
At 31 January 2024 218,436 333,635 52,886 5,922 610,879
DEPRECIATION
At 1 February 2023 - 106,836 15,375 198 122,409
Charge for year - 28,803 3,305 1,431 33,539
Eliminated on disposal - - (15,375 ) - (15,375 )
At 31 January 2024 - 135,639 3,305 1,629 140,573
NET BOOK VALUE
At 31 January 2024 218,436 197,996 49,581 4,293 470,306
At 31 January 2023 218,436 77,281 11,025 4,102 310,844

PETER GILDER SERVICES LIMITED (REGISTERED NUMBER: 05668760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 52,886
At 31 January 2024 52,886
DEPRECIATION
Charge for year 3,305
At 31 January 2024 3,305
NET BOOK VALUE
At 31 January 2024 49,581

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 39,528 -
Other debtors 26,500 82,900
Directors' current accounts - 99,416
66,028 182,316

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,437 5,250
Trade creditors 93,007 8,916
Corporation Tax 70,490 66,444
Social security and other taxes 382 -
VAT 3,800 39,021
Intercompany account (102,244 ) (2,712 )
Directors' current accounts 182 -
Accrued expenses 2,292 2,815
78,346 119,734

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 29,573 4,375

8. SECURED DEBTS

Lloyds Bank plc holds a debenture dated 15 March 2018. There is a fixed and floating charge over the undertaking and all property and assets, present and future, including goodwill, bookdebts, uncalled capital, buildings, fixtures, fixed plant and machinery.

PETER GILDER SERVICES LIMITED (REGISTERED NUMBER: 05668760)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
P N T Gilder
Balance outstanding at start of year 99,416 19,858
Amounts advanced 57,817 106,558
Amounts repaid (157,415 ) (27,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (182 ) 99,416

Interest is charged annually at the HMRC approved rate and there are no set repayment terms.