Company Registration No. 05435504 (England and Wales)
Peter Ernest Homes Holdings Limited
Unaudited accounts
for the year ended 30 April 2024
Peter Ernest Homes Holdings Limited
Unaudited accounts
Contents
Peter Ernest Homes Holdings Limited
Company Information
for the year ended 30 April 2024
Directors
Paul Harvey
Paul Daniels
Company Number
05435504 (England and Wales)
Registered Office
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
United Kingdom
Accountants
Paul Wragg FCA
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
Peter Ernest Homes Holdings Limited
Statement of financial position
as at 30 April 2024
Inventories
427,457
317,298
Cash at bank and in hand
5,864
6,699
Creditors: amounts falling due within one year
(1,317,942)
(770,987)
Net current liabilities
(544,133)
(405,001)
Total assets less current liabilities
(544,133)
(405,001)
Creditors: amounts falling due after more than one year
(15,071)
(22,765)
Net liabilities
(559,204)
(427,766)
Called up share capital
100
100
Profit and loss account
(559,304)
(427,866)
Shareholders' funds
(559,204)
(427,766)
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by
Paul Harvey
Director
Company Registration No. 05435504
Peter Ernest Homes Holdings Limited
Notes to the Accounts
for the year ended 30 April 2024
Peter Ernest Homes Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 05435504. The registered office is 87 Redwing Road, Clanfield, Waterlooville, Hampshire, PO8 0LX, United Kingdom.
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.
Amounts falling due after more than one year
Other debtors
340,488
41,989
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
318,944
9,000
Trade creditors
219,357
12,456
Other creditors
61,600
50,380
Loans from directors
729,444
697,988
6
Creditors: amounts falling due after more than one year
2024
2023
Peter Ernest Homes Holdings Limited
Notes to the Accounts
for the year ended 30 April 2024
8
Transactions with related parties
The Company made loans to the following connected Companies
Peter Ernest Homes Limited £197,612
Herr Homes Limited £117,408
West Street Fareham Limited £25,467
The Company had a loan from the following connected Company
George Ernest Homes Limited £11,600
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).