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REGISTERED NUMBER: 03144577 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

P.R. BIRCH & CO LTD

P.R. BIRCH & CO LTD (REGISTERED NUMBER: 03144577)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

P.R. BIRCH & CO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTOR: P R Birch





SECRETARY: Miss H Birch





REGISTERED OFFICE: Silver Birch
Tregarthen Lane
Pant
Oswestry
Shropshire
SY10 8LF





REGISTERED NUMBER: 03144577 (England and Wales)





ACCOUNTANTS: D.R.E. & Co. Limited
Chartered Accountants
7 Lower Brook Street
Oswestry
Shropshire
SY11 2HG

P.R. BIRCH & CO LTD (REGISTERED NUMBER: 03144577)

BALANCE SHEET
31 JULY 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 550,044 565,973

CURRENT ASSETS
Stocks 48,523 38,318
Debtors 6 70,937 78,928
Cash at bank 1,544 589
121,004 117,835
CREDITORS
Amounts falling due within one year 7 105,527 88,197
NET CURRENT ASSETS 15,477 29,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

565,521

595,611

CREDITORS
Amounts falling due after more than one year 8 (215,177 ) (231,853 )

PROVISIONS FOR LIABILITIES (32,973 ) (34,673 )

ACCRUALS AND DEFERRED INCOME (28,000 ) (28,800 )
NET ASSETS 289,371 300,285

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10 289,271 300,185
SHAREHOLDERS' FUNDS 289,371 300,285

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.

P.R. BIRCH & CO LTD (REGISTERED NUMBER: 03144577)

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 16 May 2025 and were signed by:





P R Birch - Director


P.R. BIRCH & CO LTD (REGISTERED NUMBER: 03144577)

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

1. STATUTORY INFORMATION

P.R. Birch & Co 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are presented in Sterling (£) rounded to the nearest £1.

Going Concern
The accounts have been prepared on a going concern basis. This is dependent on the continued financial support of the shareholders.

Turnover and rental income
Turnover and rents received are 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.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Deferred government grants
The deferred government grant shown in the balance sheet is being written off to the profit and loss account over 50 years in accordance with the terms of the grants.

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.


P.R. BIRCH & CO LTD (REGISTERED NUMBER: 03144577)

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

3. 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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives.

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.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 August 2023 465,000 184,182 649,182
Disposals - (1,900 ) (1,900 )
At 31 July 2024 465,000 182,282 647,282
DEPRECIATION
At 1 August 2023 - 83,209 83,209
Charge for year - 15,085 15,085
Eliminated on disposal - (1,056 ) (1,056 )
At 31 July 2024 - 97,238 97,238
NET BOOK VALUE
At 31 July 2024 465,000 85,044 550,044
At 31 July 2023 465,000 100,973 565,973

P.R. BIRCH & CO LTD (REGISTERED NUMBER: 03144577)

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

5. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 July 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2023 12,407 - 12,407
Cost 452,593 182,282 634,875
465,000 182,282 647,282

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 23,399 22,169
Directors' current accounts 28,134 30,531
Tax 10,053 10,053
VAT 5,933 13,466
Prepayments 3,418 2,709
70,937 78,928

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 71,326 58,000
Hire purchase contracts 12,841 14,031
Trade creditors 13,034 8,745
Tax 832 1,730
Social security and other taxes 164 1,576
Accrued expenses 7,330 4,115
105,527 88,197

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans - 2-5 years 196,940 212,026
Hire purchase contracts 18,237 19,827
215,177 231,853

P.R. BIRCH & CO LTD (REGISTERED NUMBER: 03144577)

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

9. SECURED DEBTS

Bank loans include a mortgage charge which is secured on 7 & 9 Chapel Street the undertaking and all property, dated 12th January 2009.

Hire purchase assets are secured against the assets to which they relate.

10. RESERVES

Included in retained earnings is £312,444 (2023: £312,444) of profits which are not available for distribution as they are unrealised profits on revaluations.

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
P R Birch
Balance outstanding at start of year 30,531 55,815
Amounts advanced 38,842 37,579
Amounts repaid (41,239 ) (62,863 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 28,134 30,531

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
P.R. BIRCH & CO LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of P.R. Birch & Co Ltd for the year ended 31 July 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of P.R. Birch & Co Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P.R. Birch & Co Ltd and state those matters that we have agreed to state to the director of P.R. Birch & Co Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than P.R. Birch & Co Ltd and its director for our work or for this report.

It is your duty to ensure that P.R. Birch & Co Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of P.R. Birch & Co Ltd. You consider that P.R. Birch & Co Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P.R. Birch & Co Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






D.R.E. & Co. Limited
Chartered Accountants
7 Lower Brook Street
Oswestry
Shropshire
SY11 2HG


16 May 2025