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REGISTERED NUMBER: 15185940 (England and Wales)















PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

4TH OCTOBER 2023 TO 30TH NOVEMBER 2024






PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 4TH OCTOBER 2023 TO 30TH NOVEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED

COMPANY INFORMATION
FOR THE PERIOD 4TH OCTOBER 2023 TO 30TH NOVEMBER 2024







DIRECTORS: S John
I P John





REGISTERED OFFICE: Pembroke House
Ty Coch Lane
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 15185940 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)

BALANCE SHEET
30TH NOVEMBER 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 60,094
Tangible assets 5 224,252
284,346

CURRENT ASSETS
Stocks 4,000
Debtors 6 29,070
Cash at bank 20,349
53,419
CREDITORS
Amounts falling due within one year 7 36,877
NET CURRENT ASSETS 16,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

300,888

CREDITORS
Amounts falling due after more than one
year

8

(286,620

)

PROVISIONS FOR LIABILITIES (39,948 )
NET LIABILITIES (25,680 )

PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)

BALANCE SHEET - continued
30TH NOVEMBER 2024

Notes £    £   
CAPITAL AND RESERVES
Called up share capital 9 2
Retained earnings (25,682 )
SHAREHOLDERS' FUNDS (25,680 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th November 2024 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th February 2025 and were signed on its behalf by:





I P John - Director


PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 4TH OCTOBER 2023 TO 30TH NOVEMBER 2024

1. STATUTORY INFORMATION

Peter Villars Sportsground Maintenance 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

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.

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 - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.


PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4TH OCTOBER 2023 TO 30TH NOVEMBER 2024

2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4TH OCTOBER 2023 TO 30TH NOVEMBER 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 66,771
At 30th November 2024 66,771
AMORTISATION
Amortisation for period 6,677
At 30th November 2024 6,677
NET BOOK VALUE
At 30th November 2024 60,094

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
Additions 238,778 1,624 52,078 292,480
Disposals (9,312 ) - (8,704 ) (18,016 )
At 30th November 2024 229,466 1,624 43,374 274,464
DEPRECIATION
Charge for period 43,945 406 5,861 50,212
At 30th November 2024 43,945 406 5,861 50,212
NET BOOK VALUE
At 30th November 2024 185,521 1,218 37,513 224,252

PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4TH OCTOBER 2023 TO 30TH NOVEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 90,022 19,990 110,012
At 30th November 2024 90,022 19,990 110,012
DEPRECIATION
Charge for period 16,429 1,249 17,678
At 30th November 2024 16,429 1,249 17,678
NET BOOK VALUE
At 30th November 2024 73,593 18,741 92,334

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 28,503
Other debtors 567
29,070

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Loans - less than 1 year 3,600
Hire purchase contracts 15,531
Corporation Tax 1,245
Social security and other taxes 571
VAT 13,237
Accruals and deferred income 2,693
36,877

PETER VILLARS SPORTSGROUND MAINTENANCE
LIMITED (REGISTERED NUMBER: 15185940)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 4TH OCTOBER 2023 TO 30TH NOVEMBER 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Loans - more than 1 year 20,700
Hire purchase contracts 29,323
Directors' loan accounts 236,597
286,620

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1 Ordinary A £1 1
1 Ordinary B £1 1
2

10. RELATED PARTY DISCLOSURES

The company had an outstanding directors loan account at the year end due to S John of £127,538.

The company had an outstanding directors loan account at the year end due to I P John of £109,059.

11. GOING CONCERN

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis preparing its financial statements.