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Company No: 10068974 (England and Wales)

C J PEMBERTON LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

C J PEMBERTON LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

C J PEMBERTON LIMITED

COMPANY INFORMATION

For the financial year ended 31 March 2024
C J PEMBERTON LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 March 2024
DIRECTOR C J Pemberton
REGISTERED OFFICE Top Farm
Thorpe Tilney
Lincoln
LN4 3SL
United Kingdom
COMPANY NUMBER 10068974 (England and Wales)
ACCOUNTANT Evelyn Partners (East) LLP
Stonecross
Trumpington High Street
Cambridge
CB2 9SU
C J PEMBERTON LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2024
C J PEMBERTON LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1 1
1 1
Current assets
Stocks 99,688 99,688
Debtors 4 0 229,640
99,688 329,328
Creditors: amounts falling due within one year 5 ( 30,156) ( 261,539)
Net current assets 69,532 67,789
Total assets less current liabilities 69,533 67,790
Net assets 69,533 67,790
Capital and reserves
Called-up share capital 1 1
Profit and loss account 69,532 67,789
Total shareholder's funds 69,533 67,790

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of C J Pemberton Limited (registered number: 10068974) were approved and authorised for issue by the Director on 12 March 2025. They were signed on its behalf by:

C J Pemberton
Director
C J PEMBERTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
C J PEMBERTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

C J Pemberton Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Top Farm, Thorpe Tilney, Lincoln, LN4 3SL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of C J Pemberton Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Going concern

The financial statements have been prepared on a going concern basis.

The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Associates and joint ventures

Associates and joint ventures are held at cost less impairment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Fixed asset investments

Investments in associates Total
£ £
Cost or valuation before impairment
At 01 April 2023 1 1
At 31 March 2024 1 1
Carrying value at 31 March 2024 1 1
Carrying value at 31 March 2023 1 1

4. Debtors

2024 2023
£ £
Amounts owed by associates 0 229,640

5. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 1,800 1,200
Taxation and social security 1,170 8,573
Other creditors 27,186 251,766
30,156 261,539