1 June 2023 false No description of principal activity Taxfiler 2024.6 10754501business:PrivateLimitedCompanyLtd2023-06-012024-05-31 107545012023-05-31 107545012023-06-012024-05-31 10754501business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 10754501business:FilletedAccounts2023-06-012024-05-31 107545012024-05-31 10754501business:Director12023-06-012024-05-31 10754501business:Director22023-06-012024-05-31 10754501business:Director32023-06-012024-05-31 10754501business:RegisteredOffice2023-06-012024-05-31 107545012023-05-31 10754501core:WithinOneYear2024-05-31 10754501core:WithinOneYear2023-05-31 10754501core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 10754501core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10754501core:CapitalContributionReservecore:PreviouslyStatedAmount2024-05-31 10754501core:CapitalContributionReservecore:PreviouslyStatedAmount2023-05-31 10754501core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 10754501core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10754501core:PreviouslyStatedAmount2024-05-31 10754501core:PreviouslyStatedAmount2023-05-31 10754501business:SmallEntities2023-06-012024-05-31 10754501countries:EnglandWales2023-06-012024-05-31 10754501business:OrdinaryShareClass12023-06-012024-05-31 10754501business:OrdinaryShareClass12022-06-012023-05-31 107545012022-06-012023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10754501 (England and Wales)
Pritchard and Allen Developers Limited Unaudited accounts for the year ended 31 May 2024
Pritchard and Allen Developers Limited Unaudited accounts Contents
Page
- 2 -
Pritchard and Allen Developers Limited Company Information for the year ended 31 May 2024
Directors
Catherine Sian Pritchard Henry James Allen Lawrance Ralph Allen
Company Number
10754501 (England and Wales)
Registered Office
112-113 High Street LINCOLN LN5 8DR UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA Templar Accounting & Business Support Services Limited (Incorp: Blake and Co ) 112 - 113 High Street, Lincoln, Lincolnshire LN5 7PY
- 3 -
Pritchard and Allen Developers Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
- 
31,344 
Cash at bank and in hand
19,621 
55 
19,621 
31,399 
Creditors: amounts falling due within one year
(16,541)
(9,733)
Net current assets
3,080 
21,666 
Net assets
3,080 
21,666 
Capital and reserves
Called up share capital
3 
3 
Capital contribution reserve
- 
32,500 
Profit and loss account
3,077 
(10,837)
Shareholders' funds
3,080 
21,666 
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 directors acknowledge their 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 of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by
Catherine Sian Pritchard Director Company Registration No. 10754501
- 4 -
Pritchard and Allen Developers Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Pritchard and Allen Developers Limited is a private company, limited by shares, registered in England and Wales, registration number 10754501. The registered office is 112-113 High Street, LINCOLN, LN5 8DR, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Inventories
2024 
2023 
£ 
£ 
Work in progress
- 
31,344 
- 
31,344 
On the sale of 9 Colgrave Street, Lincoln Commissions were paid and Work-in-Progress reversed as Cost-of-Sales on completion.
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8 
- 
Taxes and social security
1,425 
- 
Loans from directors
15,108 
9,433 
Accruals
- 
300 
16,541 
9,733 
- 5 -
Pritchard and Allen Developers Limited Notes to the Accounts for the year ended 31 May 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -