Company Registration No. 04701268 (England and Wales)
Pro-draught Services Limited
Unaudited accounts
for the year ended 31 March 2025
Pro-draught Services Limited
Unaudited accounts
Contents
Pro-draught Services Limited
Company Information
for the year ended 31 March 2025
Directors
Mr S M Pegg
Mrs D Pegg
Company Number
04701268 (England and Wales)
Registered Office
261 Melbourne Road
Ibstock
Leicestershire
LE67 6NS
England
Pro-draught Services Limited
Statement of financial position
as at 31 March 2025
Tangible assets
13,355
17,780
Cash at bank and in hand
77,735
52,198
Creditors: amounts falling due within one year
(59,276)
(55,115)
Net current assets
38,473
10,140
Called up share capital
100
100
Profit and loss account
51,728
27,820
Shareholders' funds
51,828
27,920
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by
Mr S M Pegg
Director
Company Registration No. 04701268
Pro-draught Services Limited
Notes to the Accounts
for the year ended 31 March 2025
Pro-draught Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04701268. The registered office is 261 Melbourne Road, Ibstock, Leicestershire, LE67 6NS, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% per annum
Motor vehicles
25% per annum
Fixtures & fittings
20% per annum
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Pro-draught Services Limited
Notes to the Accounts
for the year ended 31 March 2025
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
8,523
23,099
2,054
33,676
At 31 March 2025
8,523
23,099
2,054
33,676
At 1 April 2024
8,477
5,775
1,644
15,896
Charge for the year
12
4,331
82
4,425
At 31 March 2025
8,489
10,106
1,726
20,321
At 31 March 2025
34
12,993
328
13,355
At 31 March 2024
46
17,324
410
17,780
Amounts falling due within one year
Trade debtors
16,237
10,371
Accrued income and prepayments
2,038
873
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
28,454
22,674
Taxes and social security
1,415
1,983
Loans from directors
28,757
28,094
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 2 (2024: 1).