IRIS Accounts Production v25.1.0.734 01259052 director 1.2.24 31.1.25 31.1.25 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012590522024-01-31012590522025-01-31012590522024-02-012025-01-31012590522023-01-31012590522023-02-012024-01-31012590522024-01-3101259052ns15:EnglandWales2024-02-012025-01-3101259052ns14:PoundSterling2024-02-012025-01-3101259052ns10:Director12024-02-012025-01-3101259052ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3101259052ns10:SmallEntities2024-02-012025-01-3101259052ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3101259052ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3101259052ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3101259052ns10:FullAccounts2024-02-012025-01-3101259052ns10:OrdinaryShareClass12024-02-012025-01-3101259052ns10:OrdinaryShareClass22024-02-012025-01-3101259052ns5:CurrentFinancialInstruments2025-01-3101259052ns5:CurrentFinancialInstruments2024-01-3101259052ns5:Non-currentFinancialInstruments2025-01-3101259052ns5:Non-currentFinancialInstruments2024-01-3101259052ns5:ShareCapital2025-01-3101259052ns5:ShareCapital2024-01-3101259052ns5:RetainedEarningsAccumulatedLosses2025-01-3101259052ns5:RetainedEarningsAccumulatedLosses2024-01-3101259052ns5:PlantMachinery2024-02-012025-01-3101259052ns5:FurnitureFittings2024-02-012025-01-3101259052ns5:MotorVehicles2024-02-012025-01-3101259052ns5:ComputerEquipment2024-02-012025-01-3101259052ns5:PlantMachinery2024-01-3101259052ns5:FurnitureFittings2024-01-3101259052ns5:MotorVehicles2024-01-3101259052ns5:ComputerEquipment2024-01-3101259052ns5:PlantMachinery2025-01-3101259052ns5:FurnitureFittings2025-01-3101259052ns5:MotorVehicles2025-01-3101259052ns5:ComputerEquipment2025-01-3101259052ns5:PlantMachinery2024-01-3101259052ns5:FurnitureFittings2024-01-3101259052ns5:MotorVehicles2024-01-3101259052ns5:ComputerEquipment2024-01-3101259052ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3101259052ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3101259052ns5:WithinOneYear2025-01-3101259052ns5:WithinOneYear2024-01-3101259052ns5:DeferredTaxation2024-01-3101259052ns5:DeferredTaxation2024-02-012025-01-3101259052ns5:DeferredTaxation2025-01-3101259052ns10:OrdinaryShareClass12025-01-3101259052ns10:OrdinaryShareClass22025-01-31
REGISTERED NUMBER: 01259052 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

PLUMRIDGE AND PETERS LIMITED

PLUMRIDGE AND PETERS LIMITED (REGISTERED NUMBER: 01259052)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Balance sheet 1

Notes to the financial statements 2


PLUMRIDGE AND PETERS LIMITED (REGISTERED NUMBER: 01259052)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 31,458 22,664

Current assets
Stock and work in progress 5 27,655 34,946
Debtors 6 29,507 32,531
Cash at bank and in hand 60,576 47,345
117,738 114,822
Creditors
Amounts falling due within one year 7 48,522 51,204
Net current assets 69,216 63,618
Total assets less current liabilities 100,674 86,282

Creditors
Amounts falling due after more than one year 8 (35,996 ) (14,733 )

Provisions for liabilities 10 (5,768 ) (4,265 )
Net assets 58,910 67,284

Capital and reserves
Called up share capital 11 1,600 1,600
Retained earnings 57,310 65,684
Shareholders' funds 58,910 67,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 April 2025 and were signed by:




Mr J Brewer - Director


PLUMRIDGE AND PETERS LIMITED (REGISTERED NUMBER: 01259052)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. Statutory information

Plumridge and Peters Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 01259052. The registered office and business address is 5 Gillmans Industrial Estate, Natts Lane, Billingshurst, West Sussex, RH14 9EY.

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 amounts receivable, excluding value added tax, in respect of goods and services provided in the ordinary course of business. Turnover is recognised when the goods/services have been sold/provided to the customer.

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 - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 5 (2024 - 5 ) .

PLUMRIDGE AND PETERS LIMITED (REGISTERED NUMBER: 01259052)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. Tangible fixed assets
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 February 2024 74,137 5,431 3,100 6,675 89,343
Additions 705 12,942 - 1,522 15,169
At 31 January 2025 74,842 18,373 3,100 8,197 104,512
Depreciation
At 1 February 2024 61,367 543 3,100 1,669 66,679
Charge for year 2,489 1,837 - 2,049 6,375
At 31 January 2025 63,856 2,380 3,100 3,718 73,054
Net book value
At 31 January 2025 10,986 15,993 - 4,479 31,458
At 31 January 2024 12,770 4,888 - 5,006 22,664

5. Stock and work in progress
2025 2024
£    £   
Stock and work in progress 27,655 34,946

6. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 26,889 29,930
Prepayments 2,618 2,601
29,507 32,531

7. Creditors: amounts falling due within one year
2025 2024
£    £   
Trade creditors 19,045 18,525
Tax 1,913 11,822
Social security and other taxes 2,633 2,414
Pensions 782 372
VAT 5,115 4,928
Other creditors 2,150 2,639
Bank loan - less than 1 yr 13,084 7,099
Directors' current accounts 917 371
Accruals and deferred income 2,883 3,034
48,522 51,204

PLUMRIDGE AND PETERS LIMITED (REGISTERED NUMBER: 01259052)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


8. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Bank loan - 1 to 2 years 13,864 7,297
Bank loan - 2 to 5 years 22,132 7,436
35,996 14,733

9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 14,667 22,000

10. Provisions for liabilities
2025 2024
£    £   
Deferred tax 5,768 4,265

Deferred
tax
£   
Balance at 1 February 2024 4,265
Provided during year 1,503
Balance at 31 January 2025 5,768

11. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1,599 Ordinary A £1.00 1,599 1,599
1 Ordinary B £1.00 1 1
1,600 1,600

12. Ultimate controlling party

The company is controlled by the director Mr J Brewer, who owns 99.9% of the issued share capital.