IRIS Accounts Production v25.1.4.42 01100818 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011008182023-06-30011008182024-06-30011008182023-07-012024-06-30011008182022-06-30011008182022-07-012023-06-30011008182023-06-3001100818ns15:EnglandWales2023-07-012024-06-3001100818ns14:PoundSterling2023-07-012024-06-3001100818ns10:Director12023-07-012024-06-3001100818ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3001100818ns10:SmallEntities2023-07-012024-06-3001100818ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3001100818ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3001100818ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3001100818ns10:FullAccounts2023-07-012024-06-300110081812023-07-012024-06-3001100818ns10:Director22023-07-012024-06-3001100818ns10:Director32023-07-012024-06-3001100818ns10:Director42023-07-012024-06-3001100818ns10:CompanySecretary12023-07-012024-06-3001100818ns10:RegisteredOffice2023-07-012024-06-3001100818ns5:CurrentFinancialInstruments2024-06-3001100818ns5:CurrentFinancialInstruments2023-06-3001100818ns5:Non-currentFinancialInstruments2024-06-3001100818ns5:Non-currentFinancialInstruments2023-06-3001100818ns5:ShareCapital2024-06-3001100818ns5:ShareCapital2023-06-3001100818ns5:RetainedEarningsAccumulatedLosses2024-06-3001100818ns5:RetainedEarningsAccumulatedLosses2023-06-3001100818ns5:LeaseholdImprovements2023-07-012024-06-3001100818ns5:PlantMachinery2023-07-012024-06-3001100818ns5:MotorVehicles2023-07-012024-06-3001100818ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-06-3001100818ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-07-012024-06-3001100818ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-06-3001100818ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-06-3001100818ns5:LeaseholdImprovements2023-06-3001100818ns5:PlantMachinery2023-06-3001100818ns5:MotorVehicles2023-06-3001100818ns5:LeaseholdImprovements2024-06-3001100818ns5:PlantMachinery2024-06-3001100818ns5:MotorVehicles2024-06-3001100818ns5:LeaseholdImprovements2023-06-3001100818ns5:PlantMachinery2023-06-3001100818ns5:MotorVehicles2023-06-3001100818ns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3001100818ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3001100818ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-3001100818ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-06-3001100818ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-06-3001100818ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3001100818ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3001100818ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-06-3001100818ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-06-3001100818ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-06-3001100818ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-06-3001100818ns5:HirePurchaseContracts2024-06-3001100818ns5:HirePurchaseContracts2023-06-3001100818ns5:WithinOneYear2024-06-3001100818ns5:WithinOneYear2023-06-3001100818ns5:BetweenOneFiveYears2024-06-3001100818ns5:BetweenOneFiveYears2023-06-3001100818ns5:AllPeriods2024-06-3001100818ns5:AllPeriods2023-06-3001100818ns5:Secured2024-06-3001100818ns5:Secured2023-06-30
REGISTERED NUMBER: 01100818 (England and Wales)















N D E CLARKE PITCHLINE LIMITED

Unaudited Financial Statements for the Year Ended 30 June 2024






N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


N D E CLARKE PITCHLINE LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: P N Edgington
Mrs J Edgington
C P Edgington
Mrs J A Paterson





SECRETARY: Mrs J Edgington





REGISTERED OFFICE: NDE Buildings
Aldbourne Road Works
Coventry
West Midlands
CV1 4EQ





REGISTERED NUMBER: 01100818 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 96,732 104,122
Tangible assets 5 436,260 544,611
532,992 648,733

CURRENT ASSETS
Stocks 696,679 810,695
Debtors 6 1,574,390 1,539,519
Cash at bank and in hand 5,952 61,339
2,277,021 2,411,553
CREDITORS
Amounts falling due within one year 7 1,395,138 1,257,466
NET CURRENT ASSETS 881,883 1,154,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,414,875

1,802,820

CREDITORS
Amounts falling due after more than one year 8 (341,207 ) (766,476 )

PROVISIONS FOR LIABILITIES (69,385 ) (70,044 )
NET ASSETS 1,004,283 966,300

CAPITAL AND RESERVES
Called up share capital 151,000 151,000
Retained earnings 853,283 815,300
SHAREHOLDERS' FUNDS 1,004,283 966,300

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

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

N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)

Balance Sheet - continued
30 June 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 11 June 2025 and were signed on its behalf by:





P N Edgington - Director


N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

N D E Clarke Pitchline 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 50% on reducing balance, 50% on cost, 33% on cost, 20% on cost and 10% on cost
Motor vehicles - 25% on cost

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.

N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

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.

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 55 (2023 - 57 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 July 2023 130,162
Additions 18,638
At 30 June 2024 148,800
AMORTISATION
At 1 July 2023 26,040
Amortisation for year 26,028
At 30 June 2024 52,068
NET BOOK VALUE
At 30 June 2024 96,732
At 30 June 2023 104,122

N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 July 2023 182,463 1,003,329 96,958 1,282,750
Additions 2,948 115,752 - 118,700
Disposals - (168,273 ) (55,454 ) (223,727 )
At 30 June 2024 185,411 950,808 41,504 1,177,723
DEPRECIATION
At 1 July 2023 62,542 606,423 69,174 738,139
Charge for year 16,712 123,507 9,910 150,129
Eliminated on disposal - (91,351 ) (55,454 ) (146,805 )
At 30 June 2024 79,254 638,579 23,630 741,463
NET BOOK VALUE
At 30 June 2024 106,157 312,229 17,874 436,260
At 30 June 2023 119,921 396,906 27,784 544,611

The net book value of fixed assets includes £17,875 (2023- £77,776) in respect of assets held under hire purchase contracts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 804,823 848,815
Amounts owed by group undertakings 332,923 304,039
Other debtors and prepayments 436,644 386,665
1,574,390 1,539,519

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 193,984 198,697
Other loans 162,280 109,639
Hire purchase contracts (see note 9) 8,349 15,351
Trade creditors 441,713 400,057
Social security and other taxes 314,855 285,537
Other creditors 15,736 -
Directors' current accounts 186,829 66,306
Accrued expenses 71,392 181,879
1,395,138 1,257,466

N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 11,001 63,085
Bank loans - 2-5 years 5,406 15,589
Other loans - 1-2 years 101,406 90,780
Other loans - 2-5 years 206,072 272,582
Other loans more 5yrs instal - 49,056
Hire purchase contracts (see note 9) 17,322 24,944
Other creditors - 90,000
Directors' loan accounts - 160,440
341,207 766,476

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal - 49,056

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 8,349 15,351
Between one and five years 17,322 24,944
25,671 40,295

Non-cancellable operating leases
2024 2023
£    £   
Within one year 53,907 53,907
Between one and five years 2,930 6,838
56,837 60,745

N D E CLARKE PITCHLINE LIMITED (REGISTERED NUMBER: 01100818)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 131,250 123,186
Bank loans 79,141 154,185
Other loans 469,758 522,057
Hire purchase contracts 25,671 40,295
705,820 839,723

The bank loans are secured by debentures on the company assets and a legal charge on property held by a related undertaking, Arden Edge Limited. The bank holds a guarantee granted by N D E Clarke Pitchline Limited and Arden Edge Limited.

Two of the directors have given personal guarantees in respect of other loans.

The hire purchase liability is secured on the assets to which the finance relates.