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REGISTERED NUMBER: 04477643 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

PAUL DILLEY LIMITED

PAUL DILLEY LIMITED (REGISTERED NUMBER: 04477643)






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




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


PAUL DILLEY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: P C Dilley





REGISTERED OFFICE: 8 St Martins Road
Thorngumbald
East Riding
HU12 9PS





REGISTERED NUMBER: 04477643 (England and Wales)





ACCOUNTANTS: Majors Limited
F15 The Bloc
38 Springfield Way
Anlaby
Hull
E. Yorks
HU10 6RJ

PAUL DILLEY LIMITED (REGISTERED NUMBER: 04477643)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 218,584 222,959

CURRENT ASSETS
Stocks 5 5,504 13,770
Debtors 6 17,267 6,169
Cash at bank 11,807 22,507
34,578 42,446
CREDITORS
Amounts falling due within one year 7 39,922 49,643
NET CURRENT LIABILITIES (5,344 ) (7,197 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,240

215,762

CREDITORS
Amounts falling due after more than
one year

8

(203,333

)

(207,333

)

PROVISIONS FOR LIABILITIES (575 ) (859 )
NET ASSETS 9,332 7,570

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,232 7,470
SHAREHOLDERS' FUNDS 9,332 7,570

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

PAUL DILLEY LIMITED (REGISTERED NUMBER: 04477643)

BALANCE SHEET - continued
31 JULY 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 director and authorised for issue on 29 April 2025 and were signed by:





P C Dilley - Director


PAUL DILLEY LIMITED (REGISTERED NUMBER: 04477643)

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

1. STATUTORY INFORMATION

Paul Dilley 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.
Freehold property - in accordance with the property
Improvements to property - in accordance with the property
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks and work in progress
Stock and appropriate Work in Progress are valued at the lower of direct cost, including appropriate overheads, and net realisable value.

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.

PAUL DILLEY LIMITED (REGISTERED NUMBER: 04477643)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 August 2023 234,423 10,685 89,515
Additions - - 330
At 31 July 2024 234,423 10,685 89,845
DEPRECIATION
At 1 August 2023 21,158 5,510 84,996
Charge for year 2,350 534 1,821
At 31 July 2024 23,508 6,044 86,817
NET BOOK VALUE
At 31 July 2024 210,915 4,641 3,028
At 31 July 2023 213,265 5,175 4,519

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 August 2023 4,000 380 339,003
Additions - - 330
At 31 July 2024 4,000 380 339,333
DEPRECIATION
At 1 August 2023 4,000 380 116,044
Charge for year - - 4,705
At 31 July 2024 4,000 380 120,749
NET BOOK VALUE
At 31 July 2024 - - 218,584
At 31 July 2023 - - 222,959

PAUL DILLEY LIMITED (REGISTERED NUMBER: 04477643)

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

5. STOCKS
2024 2023
£    £   
Stocks 3,000 3,000
Work-in-progress 2,504 10,770
5,504 13,770

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 15,813 4,747
Other debtors 938 938
Prepayments and accrued income 516 484
17,267 6,169

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9)
4,000

4,000
Trade creditors 5,631 2,101
Tax 1,374 5,490
Social security and other taxes 67 -
VAT 3,733 4,687
Other creditors - 4,000
Director's loan account 14,029 19,618
Accruals and deferred income 11,088 9,747
39,922 49,643

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans (see note 9) 203,333 207,333

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 4,000 4,000

PAUL DILLEY LIMITED (REGISTERED NUMBER: 04477643)

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

9. LOANS - continued
2024 2023
£    £   
Amounts falling due between one and two years:
Bank loans - 1-2 years 3,333 4,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 200,000 203,333

10. CHARGES

There is a fixed charge that covers the land of the company.