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REGISTERED NUMBER: 01480412 (England and Wales)















Unaudited Financial Statements

for the Year Ended 27 June 2024

for

P. & J. Dust Extraction Limited

P. & J. Dust Extraction Limited (Registered number: 01480412)






Contents of the Financial Statements
for the Year Ended 27 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P. & J. Dust Extraction Limited

Company Information
for the Year Ended 27 June 2024







DIRECTOR: Mrs J A F Foreman



REGISTERED OFFICE: 1 Forstal Road
Aylesford
Kent
ME20 7AU



REGISTERED NUMBER: 01480412 (England and Wales)



ACCOUNTANTS: McLean Reid
Chartered Accountants
1 Forstal Road
Aylesford
Kent
ME20 7AU



BANKERS: Natwest
148 High Street
Chatham
Kent
ME4 4DB

P. & J. Dust Extraction Limited (Registered number: 01480412)

Balance Sheet
27 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 101,269 90,566
Tangible assets 5 317,220 115,505
418,489 206,071

CURRENT ASSETS
Stocks 655,968 345,541
Debtors 6 358,361 188,731
Cash at bank and in hand 103,088 242,846
1,117,417 777,118
CREDITORS
Amounts falling due within one year 7 651,639 439,955
NET CURRENT ASSETS 465,778 337,163
TOTAL ASSETS LESS CURRENT
LIABILITIES

884,267

543,234

CREDITORS
Amounts falling due after more than one year 8 (149,343 ) -

PROVISIONS FOR LIABILITIES (79,305 ) (23,724 )
NET ASSETS 655,619 519,510

CAPITAL AND RESERVES
Called up share capital 1,200 1,200
Retained earnings 654,419 518,310
SHAREHOLDERS' FUNDS 655,619 519,510

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:




Mrs J A F Foreman - Director


P. & J. Dust Extraction Limited (Registered number: 01480412)

Notes to the Financial Statements
for the Year Ended 27 June 2024

1. STATUTORY INFORMATION

P. & J. Dust Extraction 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 represents revenue earned for services and goods provided to customers. Revenue is recognised as earned when, and to the extent that, the company obtains the right to consideration in exchange for its performance under contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including recoverable expenses, but excluding value added tax. For incomplete contracts, an assessment is made of the extent to which revenue has been earned. This assessment takes into account the nature of the assignment, its stage completion and relevant contract terms. Unbilled revenue is included in debtors and revenue billed in advance is included in creditors.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life, or if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property-20% on cost
Test equipment-25% on reducing balance
Motor vehicles-25% on reducing balance
Plant and machinery-25% on reducing balance
Fixtures and fittings-25% on reducing balance
Computer equipment-25% on cost


The cost of Property Improvements capitalised by the company comprises the materials, internal labour costs and overheads attributable to completion of the improvements.

Stocks
Stocks are valued at the lower of cost or estimated selling value using the FIFO method after making due allowance for items more than 36 months old.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings.

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.

P. & J. Dust Extraction Limited (Registered number: 01480412)

Notes to the Financial Statements - continued
for the Year Ended 27 June 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 44 (2023 - 40 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 28 June 2023 412,913
Additions 49,250
At 27 June 2024 462,163
AMORTISATION
At 28 June 2023 322,347
Charge for year 38,547
At 27 June 2024 360,894
NET BOOK VALUE
At 27 June 2024 101,269
At 27 June 2023 90,566

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 28 June 2023 923,436
Additions 335,508
Disposals (130,026 )
At 27 June 2024 1,128,918
DEPRECIATION
At 28 June 2023 807,931
Charge for year 116,436
Eliminated on disposal (112,669 )
At 27 June 2024 811,698
NET BOOK VALUE
At 27 June 2024 317,220
At 27 June 2023 115,505

P. & J. Dust Extraction Limited (Registered number: 01480412)

Notes to the Financial Statements - continued
for the Year Ended 27 June 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 297,954
At 27 June 2024 297,954
DEPRECIATION
Charge for year 74,489
At 27 June 2024 74,489
NET BOOK VALUE
At 27 June 2024 223,465

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 279,123 105,137
Other debtors 79,238 83,594
358,361 188,731

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 100,944 -
Trade creditors 146,662 167,927
Taxation and social security 44,346 113,520
Other creditors 359,687 158,508
651,639 439,955

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 149,343 -

9. SECURED DEBTS

Any bank borrowing is secured on all the assets of the company.

10. GOING CONCERN

The director is of the opinion the company remains a going concern.