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REGISTERED NUMBER: 04915768 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

PICKERING EVENNETT LIMITED

PICKERING EVENNETT LIMITED (REGISTERED NUMBER: 04915768)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PICKERING EVENNETT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Graham George Evennett FCCA
Paul John Charles Pickering FCCA





REGISTERED OFFICE: 467 Rainham Road South
Dagenham
Essex
RM10 7XJ





REGISTERED NUMBER: 04915768 (England and Wales)





ACCOUNTANTS: Pickering Evennett Limited
467 Rainham Road South
Dagenham
Essex
RM10 7XJ

PICKERING EVENNETT LIMITED (REGISTERED NUMBER: 04915768)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 819 1,864
819 1,864

CURRENT ASSETS
Debtors 6 211,055 286,603
Cash at bank and in hand 131,697 110,840
342,752 397,443
CREDITORS
Amounts falling due within one year 7 110,744 154,997
NET CURRENT ASSETS 232,008 242,446
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,827

244,310

CREDITORS
Amounts falling due after more than one year 8 (29,677 ) (35,086 )

PROVISIONS FOR LIABILITIES (176 ) (354 )
NET ASSETS 202,974 208,870

CAPITAL AND RESERVES
Called up share capital 30,000 30,000
Retained earnings 172,974 178,870
SHAREHOLDERS' FUNDS 202,974 208,870

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

PICKERING EVENNETT LIMITED (REGISTERED NUMBER: 04915768)

BALANCE SHEET - continued
30 SEPTEMBER 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 4 June 2025 and were signed on its behalf by:





Graham George Evennett FCCA - Director


PICKERING EVENNETT LIMITED (REGISTERED NUMBER: 04915768)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Pickering Evennett 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 2003, is being amortised evenly over its estimated useful life of twenty 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.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

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.

PICKERING EVENNETT LIMITED (REGISTERED NUMBER: 04915768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

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 year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 300,000
AMORTISATION
At 1 October 2023
and 30 September 2024 300,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 3,050 31,612 34,662
DEPRECIATION
At 1 October 2023 3,050 29,748 32,798
Charge for year - 1,045 1,045
At 30 September 2024 3,050 30,793 33,843
NET BOOK VALUE
At 30 September 2024 - 819 819
At 30 September 2023 - 1,864 1,864

PICKERING EVENNETT LIMITED (REGISTERED NUMBER: 04915768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 110,996 185,453
Amounts recoverable on contract 11,846 8,388
Other debtors 84,996 92,762
Directors' current accounts 3,217 -
211,055 286,603

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,147 19,940
Trade creditors (1 ) 26
Tax 16,121 33,247
Social security and other taxes 3,558 6,815
VAT 79,919 90,033
Other creditors - 1,787
Directors' current accounts - 2,569
Accrued expenses - 580
110,744 154,997

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 29,677 35,086

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 5,867 14,789
Bank loans 34,957 40,237
40,824 55,026

The bank indebtedness is secured by a debenture and a personal guarantee given by the directors.

PICKERING EVENNETT LIMITED (REGISTERED NUMBER: 04915768)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Graham George Evennett FCCA
Balance outstanding at start of year - -
Amounts advanced 16,000 16,800
Amounts repaid (16,000 ) (16,800 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Paul John Charles Pickering FCCA
Balance outstanding at start of year (2,569 ) (51 )
Amounts advanced 47,786 28,682
Amounts repaid (42,000 ) (31,200 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,217 (2,569 )

Dividends of £58,000 were credited to the directors loan accounts during the year.

11. ULTIMATE CONTROLLING PARTY

The company is owned and controlled by Mr P. Pickering FCCA and Mr G. Evennett FCCA.