PTP Accounts Production v24.3.2.46 13697559 director 1.11.23 31.10.24 31.10.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh136975592023-10-31136975592024-10-31136975592023-11-012024-10-31136975592022-10-31136975592022-11-012023-10-31136975592023-10-3113697559ns15:EnglandWales2023-11-012024-10-3113697559ns14:PoundSterling2023-11-012024-10-3113697559ns10:Director12023-11-012024-10-3113697559ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3113697559ns10:SmallEntities2023-11-012024-10-3113697559ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3113697559ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3113697559ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3113697559ns10:FullAccounts2023-11-012024-10-311369755912023-11-012024-10-3113697559ns10:OrdinaryShareClass12023-11-012024-10-3113697559ns10:RegisteredOffice2023-11-012024-10-3113697559ns5:CurrentFinancialInstruments2024-10-3113697559ns5:CurrentFinancialInstruments2023-10-3113697559ns5:ShareCapital2024-10-3113697559ns5:ShareCapital2023-10-3113697559ns5:RetainedEarningsAccumulatedLosses2024-10-3113697559ns5:RetainedEarningsAccumulatedLosses2023-10-3113697559ns5:NetGoodwill2023-11-012024-10-3113697559ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3113697559ns5:PlantMachinery2023-11-012024-10-3113697559ns5:NetGoodwill2023-10-3113697559ns5:NetGoodwill2024-10-3113697559ns5:NetGoodwill2023-10-3113697559ns5:PlantMachinery2023-10-3113697559ns5:MotorVehicles2023-10-3113697559ns5:ComputerEquipment2023-10-3113697559ns5:MotorVehicles2023-11-012024-10-3113697559ns5:ComputerEquipment2023-11-012024-10-3113697559ns5:PlantMachinery2024-10-3113697559ns5:MotorVehicles2024-10-3113697559ns5:ComputerEquipment2024-10-3113697559ns5:PlantMachinery2023-10-3113697559ns5:MotorVehicles2023-10-3113697559ns5:ComputerEquipment2023-10-3113697559ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3113697559ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-3113697559ns5:DeferredTaxation2023-10-3113697559ns5:DeferredTaxation2023-11-012024-10-3113697559ns5:DeferredTaxation2024-10-3113697559ns10:OrdinaryShareClass12024-10-3113697559ns5:RetainedEarningsAccumulatedLosses2023-10-3113697559ns5:RetainedEarningsAccumulatedLosses2023-11-012024-10-31
REGISTERED NUMBER: 13697559 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

JR Pitman Building Ltd

JR Pitman Building Ltd (Registered number: 13697559)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JR Pitman Building Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: J R Rowsell-Pitman



REGISTERED OFFICE: C/o Baines And Co
46 Rolle Street
Exmouth
Devon
EX8 2SQ



REGISTERED NUMBER: 13697559 (England and Wales)



ACCOUNTANTS: Baines & Co
46 Rolle Street
Exmouth
Devon
EX8 2SQ



BANKERS: Starling Bank
Operations Team
5th Floor Brunel House
5 Fitzalan Road
Cardiff
CFR24 0F

JR Pitman Building Ltd (Registered number: 13697559)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,400 9,600
Tangible assets 5 13,043 1,088
21,443 10,688

CURRENT ASSETS
Debtors 6 9,191 11,010
Cash at bank 6,243 20,602
15,434 31,612
CREDITORS
Amounts falling due within one year 7 28,820 27,892
NET CURRENT (LIABILITIES)/ASSETS (13,386 ) 3,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,057

14,408

PROVISIONS FOR LIABILITIES 9 2,478 207
NET ASSETS 5,579 14,201

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 5,479 14,101
SHAREHOLDERS' FUNDS 5,579 14,201

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

JR Pitman Building Ltd (Registered number: 13697559)

Balance Sheet - continued
31 October 2024


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 19 February 2025 and were signed by:





J R Rowsell-Pitman - Director


JR Pitman Building Ltd (Registered number: 13697559)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

JR Pitman Building Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% on cost

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.

JR Pitman Building Ltd (Registered number: 13697559)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 12,000
AMORTISATION
At 1 November 2023 2,400
Amortisation for year 1,200
At 31 October 2024 3,600
NET BOOK VALUE
At 31 October 2024 8,400
At 31 October 2023 9,600

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 1,004 - 582 1,586
Additions 450 12,500 - 12,950
At 31 October 2024 1,454 12,500 582 14,536
DEPRECIATION
At 1 November 2023 352 - 146 498
Charge for year 224 625 146 995
At 31 October 2024 576 625 292 1,493
NET BOOK VALUE
At 31 October 2024 878 11,875 290 13,043
At 31 October 2023 652 - 436 1,088

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors - 1,607
Directors' current accounts 9,108 9,320
Prepayments 83 83
9,191 11,010

JR Pitman Building Ltd (Registered number: 13697559)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts (see note 8) 22,447 14,600
Trade creditors 353 526
Taxation and social security 4,470 11,541
Other creditors 1,550 1,225
28,820 27,892

8. LOANS

An analysis of the maturity of loans is given below:

31.10.24 31.10.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 22,447 14,600

9. PROVISIONS FOR LIABILITIES
31.10.24 31.10.23
£    £   
Deferred tax 2,478 207

Deferred
tax
£   
Balance at 1 November 2023 207
Provided during year 2,271
Balance at 31 October 2024 2,478

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary 1 100 100

11. RESERVES
Retained
earnings
£   

At 1 November 2023 14,101
Profit for the year 11,378
Dividends (20,000 )
At 31 October 2024 5,479

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 (2023 - £18,000) were paid to the director .

JR Pitman Building Ltd (Registered number: 13697559)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

13. ULTIMATE CONTROLLING PARTY

The controlling party is J R Rowsell-Pitman.

The ultimate controlling party is J R Rowsell-Pitman.