2023-06-01 09614338 2024-05-31 09614338 2023-06-01 2024-05-31 09614338 2023-05-31 09614338 2022-06-01 2023-05-31 09614338 uk-core:WithinOneYear 2023-05-31 09614338 uk-core:WithinOneYear 2024-05-31 09614338 uk-core:AfterOneYear 2023-05-31 09614338 uk-core:AfterOneYear 2024-05-31 09614338 uk-core:ShareCapital 2024-05-31 09614338 uk-core:ShareCapital 2023-05-31 09614338 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 09614338 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 09614338 uk-bus:Director1 2023-06-01 2024-05-31 09614338 uk-core:WithinOneYear 2024-05-31 09614338 uk-core:WithinOneYear 2023-05-31 09614338 uk-core:AfterOneYear uk-core:Secured 2024-05-31 09614338 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 09614338 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 09614338 uk-bus:FRS102 2023-06-01 2024-05-31 09614338 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 09614338 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Draft
Pete's Engineering Ltd
Registered Number:09614338
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 May 2024
Pete's Engineering Ltd
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Draft
Registered Number :
09614338
As at 31 May 2024
Pete's Engineering Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
994
1,989
994
1,989
Current assets
Trade and other receivables
17,158
5,213
2
9,303
Cash and cash equivalents
17,424
22,637
26,461
Trade and other payables: amounts falling due within one
year
(10,817)
(7,665)
3
15,644
14,972
Net current assets
Total assets less current liabilities
15,966
17,633
Trade and other payables: amounts falling due after more
than one year
(4,667)
(3,067)
4
(189)
(378)
Provisions for liabilities
12,710
Net assets
12,588
Capital and reserves
Called up share capital
10
10
Retained earnings
12,700
12,578
12,710
12,588
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Carolyn Hollier Director
These financial statements were approved and authorised for issue by the Board on 24 January 2025 and were signed by:
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4
Draft
Registered Number :
09614338
For the year ended 31 May 2024
Pete's Engineering Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
Draft
For the year ended 31 May 2024
Pete's Engineering Ltd
Notes to the Financial Statements
Statutory Information
Pete's Engineering Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09614338.
Registered address:
Unit 2 Ldl Business Centre
Station Road West
Aldershot
GU12 5RT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Trade and other receivables
2023
2024
£
£
Trade debtors
734
3,562
Other debtors
4,479
13,596
17,158
5,213
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
1,600
1,600
Trade creditors
802
1,014
Taxation and social security
5,263
7,803
Other creditors
-
400
7,665
10,817
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6
Draft
For the year ended 31 May 2024
Pete's Engineering Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
3,067
4,667
5. Guarantees and other financial commitments
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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