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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
Page
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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
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Peter Ernest Homes Holdings Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
427,457 
317,298 
Debtors
340,488 
41,989 
Cash at bank and in hand
5,864 
6,699 
773,809 
365,986 
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)
Capital and reserves
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
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Peter Ernest Homes Holdings Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
4
Debtors
2024 
2023 
£ 
£ 
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 
VAT
(11,403)
(137)
Trade creditors
219,357 
12,456 
Other creditors
61,600 
50,380 
Loans from directors
729,444 
697,988 
Accruals
- 
1,300 
1,317,942 
770,987 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,071 
22,765 
7
Loans to directors
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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).
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