1 August 2023 false No description of principal activity Taxfiler 2024.6 3809897business:PrivateLimitedCompanyLtd2023-08-012024-07-31 38098972023-07-31 38098972023-08-012024-07-31 3809897business:AuditExemptWithAccountantsReport2023-08-012024-07-31 3809897business:FilletedAccounts2023-08-012024-07-31 38098972024-07-31 3809897business:Director12023-08-012024-07-31 3809897business:RegisteredOffice2023-08-012024-07-31 38098972023-07-31 3809897core:WithinOneYear2024-07-31 3809897core:WithinOneYear2023-07-31 3809897core:AfterOneYear2024-07-31 3809897core:AfterOneYear2023-07-31 3809897core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 3809897core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 3809897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 3809897core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 3809897core:PreviouslyStatedAmount2024-07-31 3809897core:PreviouslyStatedAmount2023-07-31 3809897business:SmallEntities2023-08-012024-07-31 3809897countries:EnglandWales2023-08-012024-07-31 3809897core:PlantMachinery2023-08-012024-07-31 3809897core:LandBuildings2023-07-31 3809897core:PlantMachinery2023-07-31 3809897core:MotorVehicles2023-07-31 3809897core:LandBuildings2023-08-012024-07-31 3809897core:MotorVehicles2023-08-012024-07-31 3809897core:LandBuildings2024-07-31 3809897core:PlantMachinery2024-07-31 3809897core:MotorVehicles2024-07-31 3809897business:OrdinaryShareClass12023-08-012024-07-31 3809897business:OrdinaryShareClass12022-08-012023-07-31 38098972022-08-012023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 3809897 (England and Wales)
P.E.C.Mechanical Handling Ltd Unaudited accounts for the year ended 31 July 2024
P.E.C.Mechanical Handling Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
P.E.C.Mechanical Handling Ltd Company Information for the year ended 31 July 2024
Director
Mr P Chapple
Company Number
3809897 (England and Wales)
Registered Office
Bridge Farm Besthorpe Road North Scarle Lincoln LN6 9EZ
Accountants
Mike Behan Accountant 21 Millbrook Close North Hykeham Lincoln LN6 9TA
- 3 -
P.E.C.Mechanical Handling Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
159,400 
129,530 
Current assets
Inventories
1,800 
1,800 
Debtors
5
61,596 
36,201 
Cash at bank and in hand
63,351 
58,055 
126,747 
96,056 
Creditors: amounts falling due within one year
6
(45,853)
(22,740)
Net current assets
80,894 
73,316 
Total assets less current liabilities
240,294 
202,846 
Creditors: amounts falling due after more than one year
7
(9,930)
(19,927)
Provisions for liabilities
Deferred tax
(16,846)
(11,730)
Net assets
213,518 
171,189 
Capital and reserves
Called up share capital
8
1 
1 
Profit and loss account
213,517 
171,188 
Shareholders' funds
213,518 
171,189 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2025 and were signed on its behalf by
Mr P Chapple Director Company Registration No. 3809897
- 4 -
P.E.C.Mechanical Handling Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
P.E.C.Mechanical Handling Ltd is a private company, limited by shares, registered in England and Wales, registration number 3809897. The registered office is Bridge Farm, Besthorpe Road, North Scarle, Lincoln, LN6 9EZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
67,793 
264,838 
104,955 
437,586 
Additions
- 
11,885 
48,636 
60,521 
At 31 July 2024
67,793 
276,723 
153,591 
498,107 
Depreciation
At 1 August 2023
- 
225,436 
82,620 
308,056 
Charge for the year
- 
12,820 
17,831 
30,651 
At 31 July 2024
- 
238,256 
100,451 
338,707 
Net book value
At 31 July 2024
67,793 
38,467 
53,140 
159,400 
At 31 July 2023
67,793 
39,402 
22,335 
129,530 
- 5 -
P.E.C.Mechanical Handling Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
61,596 
36,201 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,000 
11,000 
VAT
6,324 
4,397 
Trade creditors
11,911 
6,497 
Taxes and social security
3,453 
- 
Other creditors
643 
813 
Loans from directors
12,522 
33 
45,853 
22,740 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,930 
19,927 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 6 -