Company Registration No. 14884946 (England and Wales)
Paul Andrews Concrete Ltd
Unaudited accounts
for the year ended 31 May 2024
Paul Andrews Concrete Ltd
Unaudited accounts
Contents
Paul Andrews Concrete Ltd
Company Information
for the year ended 31 May 2024
Director
Paul David Andrews
Company Number
14884946 (England and Wales)
Registered Office
Unit 7 Hill Top Farm
Jepps Lane
Barton
Preston
PR3 5AQ
United Kingdom
Paul Andrews Concrete Ltd
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
109,962
Creditors: amounts falling due within one year
(130,788)
Total assets less current liabilities
159,587
Creditors: amounts falling due after more than one year
(84,408)
Called up share capital
100
Profit and loss account
75,079
Shareholders' funds
75,179
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 20 February 2025 and were signed on its behalf by
Paul David Andrews
Director
Company Registration No. 14884946
Paul Andrews Concrete Ltd
Notes to the Accounts
for the year ended 31 May 2024
Paul Andrews Concrete Ltd is a private company, limited by shares, registered in England and Wales, registration number 14884946. The registered office is Unit 7 Hill Top Farm, Jepps Lane, Barton, Preston, PR3 5AQ, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
15% reducing balance
Motor vehicles
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
Additions
7,500
167,000
174,500
At 31 May 2024
7,500
167,000
174,500
Charge for the year
750
19,888
20,638
At 31 May 2024
750
19,888
20,638
At 31 May 2024
6,750
147,112
153,862
Amounts falling due within one year
Paul Andrews Concrete Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
3,369
Obligations under finance leases and hire purchase contracts
38,885
Taxes and social security
2,945
Loans from directors
11,974
7
Creditors: amounts falling due after more than one year
2024
Obligations under finance leases and hire purchase contracts
78,057
8
Average number of employees
During the year the average number of employees was 2.