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Company Registration No. 11996899 (England and Wales)
Phd Ceilings And Partitions Ltd Unaudited accounts for the year ended 31 May 2024
Phd Ceilings And Partitions Ltd Unaudited accounts Contents
Page
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Phd Ceilings And Partitions Ltd Company Information for the year ended 31 May 2024
Director
Paul Baker
Company Number
11996899 (England and Wales)
Registered Office
14 Edinburgh Way Scartho Top Grimsby South Humberside DN33 3TG England
Accountants
Laura Little 118 Cooper Road Grimsby DN32 8DQ
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Phd Ceilings And Partitions Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,894 
54,867 
Current assets
Inventories
- 
27,000 
Debtors
83,678 
23,148 
Cash at bank and in hand
275,286 
203,585 
358,964 
253,733 
Creditors: amounts falling due within one year
(147,403)
(85,729)
Net current assets
211,561 
168,004 
Total assets less current liabilities
255,455 
222,871 
Creditors: amounts falling due after more than one year
(39,264)
(49,246)
Net assets
216,191 
173,625 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
216,189 
173,623 
Shareholders' funds
216,191 
173,625 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 3 January 2025 and were signed on its behalf by
Paul Baker Director Company Registration No. 11996899
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Phd Ceilings And Partitions Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Phd Ceilings And Partitions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11996899. The registered office is 14 Edinburgh Way, Scartho Top, Grimsby, South Humberside, DN33 3TG, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 June 2023
68,584 
At 31 May 2024
68,584 
Depreciation
At 1 June 2023
13,717 
Charge for the year
10,973 
At 31 May 2024
24,690 
Net book value
At 31 May 2024
43,894 
At 31 May 2023
54,867 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
19,907 
7,567 
Trade debtors
31,006 
- 
Other debtors
32,765 
15,581 
83,678 
23,148 
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Phd Ceilings And Partitions Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
62,883 
- 
Taxes and social security
20,237 
21,446 
Other creditors
830 
830 
Loans from directors
63,453 
63,453 
147,403 
85,729 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
39,264 
49,246 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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