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REGISTERED NUMBER: 11517730 (England and Wales)















Andrew Petch Building and Carpentry Ltd

Unaudited Financial Statements for the Year Ended 31 August 2024






Andrew Petch Building and Carpentry Ltd (Registered number: 11517730)

Contents of the Financial Statements
for the Year Ended 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Andrew Petch Building and Carpentry Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: A Petch





REGISTERED OFFICE: 8 Meon Road
Campden Road
MIckleton
Gloucestershire
GL55 6TD





REGISTERED NUMBER: 11517730 (England and Wales)





ACCOUNTANTS: D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE

Andrew Petch Building and Carpentry Ltd (Registered number: 11517730)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,181 36,350

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 5 64,296 90,555
Cash at bank 41,743 67,954
109,039 161,509
CREDITORS
Amounts falling due within one year 6 104,961 80,645
NET CURRENT ASSETS 4,078 80,864
TOTAL ASSETS LESS CURRENT LIABILITIES 80,259 117,214

CREDITORS
Amounts falling due after more than one year 7 (64,925 ) (53,972 )

PROVISIONS FOR LIABILITIES (14,474 ) (6,907 )
NET ASSETS 860 56,335

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 850 56,325
860 56,335

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 27 March 2025 and were signed by:




A Petch - Director


Andrew Petch Building and Carpentry Ltd (Registered number: 11517730)

Notes to the Financial Statements
for the Year Ended 31 August 2024


1. STATUTORY INFORMATION

Andrew Petch Building and Carpentry Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and Straight line over 3 years

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

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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Andrew Petch Building and Carpentry Ltd (Registered number: 11517730)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 47,014
Additions 50,591
At 31 August 2024 97,605
DEPRECIATION
At 1 September 2023 10,664
Charge for year 10,760
At 31 August 2024 21,424
NET BOOK VALUE
At 31 August 2024 76,181
At 31 August 2023 36,350

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

Plant and
machinery
etc
£   
COST
At 1 September 2023 35,990
Additions 44,891
At 31 August 2024 80,881
DEPRECIATION
At 1 September 2023 8,466
Charge for year 9,280
At 31 August 2024 17,746
NET BOOK VALUE
At 31 August 2024 63,135
At 31 August 2023 27,524

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,919 73,686
Other debtors 50,377 16,869
64,296 90,555

Andrew Petch Building and Carpentry Ltd (Registered number: 11517730)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,882 5,882
Hire purchase contracts 24,915 8,316
Trade creditors 42,355 37,202
Taxation and social security 23,142 22,510
Other creditors 8,667 6,735
104,961 80,645

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 28,432 34,314
Hire purchase contracts 36,493 19,658
64,925 53,972

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,903 10,785

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
A Petch
Balance outstanding at start of year 5,790 23,831
Amounts repaid (5,790 ) (18,041 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,790

Andrew Petch Building and Carpentry Ltd

Report of the Accountants to the Director of
Andrew Petch Building and Carpentry Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






D & S Plumb Accountants Limited
19 A/B Blackwell Bus. Park
Blackwell
Shipston-on-Stour
Warwickshire
CV36 4PE


27 March 2025