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REGISTERED NUMBER: 01970562 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

PECC CONTRACTING LIMITED

PECC CONTRACTING LIMITED (REGISTERED NUMBER: 01970562)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 5


PECC CONTRACTING LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTOR: Mr P D Bradford





REGISTERED OFFICE: Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA





REGISTERED NUMBER: 01970562 (England and Wales)





ACCOUNTANTS: A & N Chartered Accountants
Aruna House
2 Kings Road
Haslemere
Surrey
Tel: 01428 645398
GU27 2QA

PECC CONTRACTING LIMITED (REGISTERED NUMBER: 01970562)

INCOME STATEMENT
for the Year Ended 30 June 2024

30.6.24 30.6.23
Notes £    £   

TURNOVER 246,727 461,132

Cost of sales 223,878 387,992
GROSS PROFIT 22,849 73,140

Administrative expenses 40,626 54,280
(17,777 ) 18,860

Other operating income 10,403 7,246
OPERATING (LOSS)/PROFIT 3 (7,374 ) 26,106


Interest payable and similar expenses 194 474
(LOSS)/PROFIT BEFORE TAXATION (7,568 ) 25,632

Tax on (loss)/profit (22 ) 3,941
(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(7,546

)

21,691

PECC CONTRACTING LIMITED (REGISTERED NUMBER: 01970562)

BALANCE SHEET
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,658 8,877

CURRENT ASSETS
Stocks 6,270 10,911
Debtors 5 27,247 26,139
Cash at bank and in hand 25,525 37,449
59,042 74,499
CREDITORS
Amounts falling due within one year 6 39,690 46,734
NET CURRENT ASSETS 19,352 27,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,010

36,642

CREDITORS
Amounts falling due after more than one
year

7

(5,500

)

(8,563

)

PROVISIONS FOR LIABILITIES (1,664 ) (1,687 )
NET ASSETS 18,846 26,392

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,746 26,292
SHAREHOLDERS' FUNDS 18,846 26,392

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.

PECC CONTRACTING LIMITED (REGISTERED NUMBER: 01970562)

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.

The financial statements were approved by the director and authorised for issue on 26 March 2025 and were signed by:





Mr P D Bradford - Director


PECC CONTRACTING LIMITED (REGISTERED NUMBER: 01970562)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. 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
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Going concern
Going concern The company has the continued financial support of its director, who has agreed not to request repayment of his loan until the company has the funds available. On this basis the director of PECC Contracting Limited considers it appropriate to prepare accounts on the going concern basis. The financial statements do not include any adjustments that would result in the company suffering further trading losses.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

3. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

30.6.24 30.6.23
£    £   
Depreciation - owned assets 2,219 2,960

PECC CONTRACTING LIMITED (REGISTERED NUMBER: 01970562)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 37,643 259 37,902
DEPRECIATION
At 1 July 2023 28,827 198 29,025
Charge for year 2,204 15 2,219
At 30 June 2024 31,031 213 31,244
NET BOOK VALUE
At 30 June 2024 6,612 46 6,658
At 30 June 2023 8,816 61 8,877

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 14,278 11,275
Other debtors 12,969 14,864
27,247 26,139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 3,000 3,000
Trade creditors 30,257 32,664
Taxation and social security 1,540 5,740
Other creditors 4,893 5,330
39,690 46,734

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans 5,500 8,563