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REGISTERED NUMBER: 10194617 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Pb Materials Hardware Store Carshalton
Ltd

Pb Materials Hardware Store Carshalton
Ltd (Registered number: 10194617)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Pb Materials Hardware Store Carshalton
Ltd (Registered number: 10194617)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £ £
Fixed assets
Tangible assets 4 2,540 2,135

Current assets
Stocks 5 7,040 7,040
Debtors 6 147,786 148,040
154,826 155,080
Creditors
Amounts falling due within one year 7 (115,588 ) (70,584 )
Net current assets 39,238 84,496
Total assets less current liabilities 41,778 86,631

Creditors
Amounts falling due after more than
one year

8

(187,786

)

(196,286

)
Net liabilities (146,008 ) (109,655 )

Capital and reserves
Called up share capital 100 100
Retained earnings 10 (146,108 ) (109,755 )
Shareholders' funds (146,008 ) (109,655 )

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

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

Pb Materials Hardware Store Carshalton
Ltd (Registered number: 10194617)

Balance Sheet - continued
31 May 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 28 February 2025 and were signed on its behalf by:





Amir Shaikh - Director


Pb Materials Hardware Store Carshalton
Ltd (Registered number: 10194617)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. Statutory information

Pb Materials Hardware Store Carshalton Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10194617

Registered office: 132 High Street
Carshalton
SM5 3AE

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.

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.


Pb Materials Hardware Store Carshalton
Ltd (Registered number: 10194617)

Notes to the Financial Statements - continued
for the Year Ended 31 May 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 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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 2 ) .

4. Tangible fixed assets
Plant and
machinery
£
Cost
At 1 June 2023 2,135
Additions 1,040
At 31 May 2024 3,175
Depreciation
Charge for year 635
At 31 May 2024 635
Net book value
At 31 May 2024 2,540
At 31 May 2023 2,135

5. Stocks
31.5.24 31.5.23
£ £
Finished goods 7,040 7,040

Pb Materials Hardware Store Carshalton
Ltd (Registered number: 10194617)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. Debtors: amounts falling due within one year
31.5.24 31.5.23
£ £
Other debtors 147,786 147,786
VAT - 254
147,786 148,040

7. Creditors: amounts falling due within one year
31.5.24 31.5.23
£ £
Bank loans and overdrafts (see note 9)
1,239

4,090
Trade creditors 114,349 66,494
115,588 70,584

8. Creditors: amounts falling due after more than one year
31.5.24 31.5.23
£ £
Bank loans (see note 9) 187,786 196,286

9. Loans

An analysis of the maturity of loans is given below:

31.5.24 31.5.23
£ £
Amounts falling due within one year or on demand:
Bank overdrafts 1,239 4,090

Amounts falling due between one and two years:
Bank loans > 1 year 187,786 196,286

10. Reserves
Retained
earnings
£

At 1 June 2023 (109,755 )
Deficit for the year (36,353 )
At 31 May 2024 (146,108 )