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REGISTERED NUMBER: 04776281 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 May 2024

for

P.K.J. FLOORING UK LIMITED

P.K.J. FLOORING UK LIMITED (REGISTERED NUMBER: 04776281)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


P.K.J. FLOORING UK LIMITED (REGISTERED NUMBER: 04776281)

Balance Sheet
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,495 16,670

CURRENT ASSETS
Debtors 5 6,118 12,466
Cash at bank 81,664 39,711
87,782 52,177
CREDITORS
Amounts falling due within one year 6 31,382 29,221
NET CURRENT ASSETS 56,400 22,956
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,895

39,626

CREDITORS
Amounts falling due after more than one
year

7

(7,636

)

(11,701

)

PROVISIONS FOR LIABILITIES 9 (3,374 ) (3,221 )
NET ASSETS 58,885 24,704

CAPITAL AND RESERVES
Called up share capital 10 80 80
Retained earnings 58,805 24,624
SHAREHOLDERS' FUNDS 58,885 24,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 February 2025 and were signed by:





Mr P Keogh Jellyman - Director


P.K.J. FLOORING UK LIMITED (REGISTERED NUMBER: 04776281)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

P.K.J. Flooring UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04776281

Registered office: Lasell House
Mossy Lea Road
Wrightington
Wigan
Lancashire
WN6 9RE

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

P.K.J. FLOORING UK LIMITED (REGISTERED NUMBER: 04776281)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

2. ACCOUNTING POLICIES - continued

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 June 2023
and 31 May 2024 39,554 10,946 20,895 71,395
DEPRECIATION
At 1 June 2023 29,768 10,673 14,284 54,725
Charge for year 1,468 54 1,653 3,175
At 31 May 2024 31,236 10,727 15,937 57,900
NET BOOK VALUE
At 31 May 2024 8,318 219 4,958 13,495
At 31 May 2023 9,786 273 6,611 16,670

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 20,895
DEPRECIATION
At 1 June 2023
and 31 May 2024 14,284
NET BOOK VALUE
At 31 May 2024 6,611
At 31 May 2023 6,611

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 6,118 12,466

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 3,913 3,813
Hire purchase contracts - 1,185
Trade creditors 3,385 3,786
Taxation and social security 17,683 13,420
Other creditors 6,401 7,017
31,382 29,221

P.K.J. FLOORING UK LIMITED (REGISTERED NUMBER: 04776281)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans 7,636 11,701

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Hire purchase contracts - 1,185

9. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 3,374 3,221

Deferred
tax
£   
Balance at 1 June 2023 3,221
Provided during year 153
Balance at 31 May 2024 3,374

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
80 Ordinary £1 80 80