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REGISTERED NUMBER: 03285324 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PUNCHES, DIES AND BLADES LIMITED

PUNCHES, DIES AND BLADES LIMITED (REGISTERED NUMBER: 03285324)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PUNCHES, DIES AND BLADES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mrs K E Smith
H M Smith
A J Smith
M Smith





SECRETARY: Mrs K E Smith





REGISTERED OFFICE: Brunel Gate
Brunel Industrial Estate
Harworth
DONCASTER
DN11 8QB





REGISTERED NUMBER: 03285324 (England and Wales)

PUNCHES, DIES AND BLADES LIMITED (REGISTERED NUMBER: 03285324)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 115,065 69,663

CURRENT ASSETS
Stocks 40,695 32,267
Debtors 5 57,975 80,453
Cash at bank 117,573 135,786
216,243 248,506
CREDITORS
Amounts falling due within one year 6 96,312 89,471
NET CURRENT ASSETS 119,931 159,035
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,996

228,698

PROVISIONS FOR LIABILITIES 14,047 13,036
NET ASSETS 220,949 215,662

CAPITAL AND RESERVES
Called up share capital 5,041 5,021
Retained earnings 215,908 210,641
SHAREHOLDERS' FUNDS 220,949 215,662

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

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

PUNCHES, DIES AND BLADES LIMITED (REGISTERED NUMBER: 03285324)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by:




Mrs K E Smith - Director



H M Smith - Director


PUNCHES, DIES AND BLADES LIMITED (REGISTERED NUMBER: 03285324)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Punches, Dies and Blades 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.

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 - 15% 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 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.

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.

Government grants
Grants are credited to deferred revenue. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss accounts as the related expenditure is incurred.

3. EMPLOYEES AND DIRECTORS

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

PUNCHES, DIES AND BLADES LIMITED (REGISTERED NUMBER: 03285324)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 5,399 324,513 57,380 9,891 397,183
Additions - 9,699 1,188 49,999 60,886
At 31 December 2024 5,399 334,212 58,568 59,890 458,069
DEPRECIATION
At 1 January 2024 594 265,936 51,488 9,502 327,520
Charge for year 108 9,545 1,567 4,264 15,484
At 31 December 2024 702 275,481 53,055 13,766 343,004
NET BOOK VALUE
At 31 December 2024 4,697 58,731 5,513 46,124 115,065
At 31 December 2023 4,805 58,577 5,892 389 69,663

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 47,972 40,203
Other debtors 10,003 40,250
57,975 80,453

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 25,859 28,803
Taxation and social security 22,674 25,974
Other creditors 47,779 34,694
96,312 89,471