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REGISTERED NUMBER: 05166231 (England and Wales)












Financial Statements

for the Year Ended 30 June 2024

for

PKF Joinery Limited

PKF Joinery Limited (Registered number: 05166231)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PKF Joinery Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: P K Fairhurst





REGISTERED OFFICE: Archwood House
46/48 Long Street
Middleton
Manchester
M24 6UQ





REGISTERED NUMBER: 05166231 (England and Wales)





ACCOUNTANTS: Archwood Accountants
Archwood House
46-48 Long Street
Middleton
Manchester
M24 6UQ

PKF Joinery Limited (Registered number: 05166231)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 3,316 4,477

CURRENT ASSETS
Debtors 5 162,970 163,001
Cash at bank 32,860 49,807
195,830 212,808
CREDITORS
Amounts falling due within one year 6 33,499 60,041
NET CURRENT ASSETS 162,331 152,767
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,647

157,244

PROVISIONS FOR LIABILITIES 630 851
NET ASSETS 165,017 156,393

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 164,917 156,293
SHAREHOLDERS' FUNDS 165,017 156,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

PKF Joinery Limited (Registered number: 05166231)

Balance Sheet - continued
30 June 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 March 2025 and were signed by:





P K Fairhurst - Director


PKF Joinery Limited (Registered number: 05166231)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

PKF Joinery 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
Revenue 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 - 25% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

PKF Joinery Limited (Registered number: 05166231)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2023
and 30 June 2024 1,976 250 15,000 2,039 19,265
DEPRECIATION
At 1 July 2023 1,976 250 11,051 1,511 14,788
Charge for year - - 987 174 1,161
At 30 June 2024 1,976 250 12,038 1,685 15,949
NET BOOK VALUE
At 30 June 2024 - - 2,962 354 3,316
At 30 June 2023 - - 3,949 528 4,477

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 5,710 15,673
Loan to related company 157,260 147,328
162,970 163,001

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Tax 2,361 11,124
Directors' current accounts 29,950 47,729
Accrued expenses 1,188 1,188
33,499 60,041

7. RELATED PARTY DISCLOSURES

The company made loans totalling £9,932 (2023: £10,400) to MSP UK Developments Limited, a company of which the director, Mr P K Fairhurst is also a director and shareholder. At 30 June 2024, MSP UK Developments Limited owed the company the sum of £157,260 (2023: £147,328). The loan is unsecured, interest free and repayable on demand.