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REGISTERED NUMBER: 10265518 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

P & R HURST LIMITED

P & R HURST LIMITED (REGISTERED NUMBER: 10265518)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P & R HURST LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTORS: P R Hurst
R P Hurst





SECRETARY:





REGISTERED OFFICE: 52 Smithbrook Kilns
Cranleigh
Surrey
GU6 8JJ





REGISTERED NUMBER: 10265518 (England and Wales)





ACCOUNTANT: Bernard Brace FCCA
52 Smithbrook Kilns
Cranleigh
Surrey
GU6 8JJ

P & R HURST LIMITED (REGISTERED NUMBER: 10265518)

BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 167,836 139,100

CURRENT ASSETS
Stocks 25,000 23,000
Debtors 5 66,288 60,747
Cash at bank 26,691 65,861
117,979 149,608
CREDITORS
Amounts falling due within one year 6 11,969 44,653
NET CURRENT ASSETS 106,010 104,955
TOTAL ASSETS LESS CURRENT
LIABILITIES

273,846

244,055

CREDITORS
Amounts falling due after more than one
year

7

18,995

27,633
NET ASSETS 254,851 216,422

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 254,751 216,322
SHAREHOLDERS' FUNDS 254,851 216,422

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

P & R HURST LIMITED (REGISTERED NUMBER: 10265518)

BALANCE SHEET - continued
31 July 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 Board of Directors and authorised for issue on 7 March 2025 and were signed on its behalf by:




P R Hurst - Director



R P Hurst - Director


P & R HURST LIMITED (REGISTERED NUMBER: 10265518)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

P & R Hurst Limited 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.

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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 4 (2023 - 4 ) .

P & R HURST LIMITED (REGISTERED NUMBER: 10265518)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 170,009 121,534 1,973 293,516
Additions 29,475 39,273 - 68,748
At 31 July 2024 199,484 160,807 1,973 362,264
DEPRECIATION
At 1 August 2023 78,372 74,763 1,281 154,416
Charge for year 18,327 21,512 173 40,012
At 31 July 2024 96,699 96,275 1,454 194,428
NET BOOK VALUE
At 31 July 2024 102,785 64,532 519 167,836
At 31 July 2023 91,637 46,771 692 139,100

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 65,693 57,533
Other debtors 595 3,214
66,288 60,747

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 158 158
Taxation and social security 2,240 21,838
Other creditors 9,571 22,657
11,969 44,653

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 18,995 27,633

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary Shares £1 100 100

P & R HURST LIMITED (REGISTERED NUMBER: 10265518)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

9. RESERVES
Retained
earnings
£   

At 1 August 2023 216,322
Profit for the year 38,429
At 31 July 2024 254,751