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REGISTERED NUMBER: 09716533 (England and Wales)















TIM PEARMAN CONSTRUCTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






TIM PEARMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 09716533)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TIM PEARMAN CONSTRUCTION LIMITED

COMPANY INFORMATION
For The Year Ended 30 APRIL 2024







DIRECTOR: T R Pearman





REGISTERED OFFICE: 8 Church Green East
Redditch
Worcestershire
B98 8BP





REGISTERED NUMBER: 09716533 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

TIM PEARMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 09716533)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,119 45,339

CURRENT ASSETS
Stocks 178,595 168,611
Debtors 5 385,574 515,828
Cash at bank 202,967 175,541
767,136 859,980
CREDITORS
Amounts falling due within one year 6 672,726 774,405
NET CURRENT ASSETS 94,410 85,575
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,529

130,914

PROVISIONS FOR LIABILITIES 9,530 8,614
NET ASSETS 122,999 122,300

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 122,899 122,200
SHAREHOLDERS' FUNDS 122,999 122,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2024 and were signed by:





T R Pearman - Director


TIM PEARMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 09716533)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 APRIL 2024


1. STATUTORY INFORMATION

Tim Pearman Construction 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.

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.
Plant and machinery - 20% on cost
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

TIM PEARMAN CONSTRUCTION LIMITED (REGISTERED NUMBER: 09716533)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 May 2023 56,088 2,978 59,066
Additions 4,942 - 4,942
At 30 April 2024 61,030 2,978 64,008
DEPRECIATION
At 1 May 2023 11,011 2,716 13,727
Charge for year 12,025 137 12,162
At 30 April 2024 23,036 2,853 25,889
NET BOOK VALUE
At 30 April 2024 37,994 125 38,119
At 30 April 2023 45,077 262 45,339

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 109,853 300,092
Other debtors 275,721 215,736
385,574 515,828

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 41,860 64,199
Amounts owed to group undertakings 600,451 659,617
Taxation and social security 23,302 44,513
Other creditors 7,113 6,076
672,726 774,405