REGISTERED NUMBER: 13904074 (England and Wales)

Financial Statements for the Year Ended 28 February 2025

for

James Kirwin P&H Ltd

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J D Kirwin

Mrs N S Kirwin

REGISTERED OFFICE:

Station View

Pinfold Lane

Butterknowle

Bishop Auckland

Co. Durham

DL13 5NU

REGISTERED NUMBER:

13904074 (England and Wales)

ACCOUNTANTS:

Chrichard & Co

23 Woodland Road

Darlington

Co. Durham

DL3 7BJ

FIXED ASSETS

Tangible assets

4

23,645

27,419

CURRENT ASSETS

Debtors

-

590

Cash at bank

23,079

23,972

23,079

24,562

CREDITORS

Amounts falling due within one year

26,892

39,098

NET CURRENT LIABILITIES

(3,813

)

(14,536

)

TOTAL ASSETS LESS CURRENT LIABILITIES

19,832

12,883

CREDITORS

Amounts falling due after more than one year

1,538

6,695

NET ASSETS

18,294

6,188

CAPITAL AND RESERVES

Called up share capital

5

100

100

Retained earnings

18,194

6,088

SHAREHOLDERS' FUNDS

18,294

6,188

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 28 February 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:

J D Kirwin - Director

Mrs N S Kirwin - Director

1.	STATUTORY INFORMATION

James Kirwin P&H 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.

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 15% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2024

39,593

Additions

450

At 28 February 2025

40,043

DEPRECIATION

At 1 March 2024

12,174

Charge for year

4,224

At 28 February 2025

16,398

NET BOOK VALUE

At 28 February 2025

23,645

At 29 February 2024

27,419

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1.00

100

100