Registered number
09246132
Pebble Engineering Ltd
Unaudited Filleted Accounts
31 October 2024
Pebble Engineering Ltd
Registered number: 09246132
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,693 3,652
Current assets
Debtors 4 245,387 326,382
Cash at bank and in hand 430,968 292,426
676,355 618,808
Creditors: amounts falling due within one year 5 (274,936) (257,127)
Net current assets 401,419 361,681
Net assets 404,112 365,333
Capital and reserves
Called up share capital 2 3
Capital redemption reserve - Transfer from profit and loss account 1 -
Profit and loss account 404,109 365,330
Shareholders' funds 404,112 365,333
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Huw Howell
Director
Approved by the board on 17 June 2025
Pebble Engineering Ltd
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 13 10
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 17,788
At 31 October 2024 17,788
Depreciation
At 1 November 2023 14,136
Charge for the year 959
At 31 October 2024 15,095
Net book value
At 31 October 2024 2,693
At 31 October 2023 3,652
4 Debtors 2024 2023
£ £
Trade debtors 244,928 325,923
Other debtors 459 459
245,387 326,382
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 155,067 168,722
Other creditors 119,869 88,405
274,936 257,127
6 Other information
Pebble Engineering Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
Workshop 3 Sandfields Business Centre
Purcell Avenue
Port Talbot
Wales
SA12 7PQ
Pebble Engineering Ltd 09246132 false 2023-11-01 2024-10-31 2024-10-31 VT Final Accounts April 2025 Huw Howell No description of principal activity 09246132 2022-11-01 2023-10-31 09246132 core:WithinOneYear 2023-10-31 09246132 core:ShareCapital 2023-10-31 09246132 core:RetainedEarningsAccumulatedLosses 2023-10-31 09246132 2023-11-01 2024-10-31 09246132 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09246132 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 09246132 bus:Director40 2023-11-01 2024-10-31 09246132 core:PlantMachinery 2023-11-01 2024-10-31 09246132 countries:England 2023-11-01 2024-10-31 09246132 bus:FRS102 2023-11-01 2024-10-31 09246132 bus:FilletedAccounts 2023-11-01 2024-10-31 09246132 2024-10-31 09246132 core:WithinOneYear 2024-10-31 09246132 core:ShareCapital 2024-10-31 09246132 core:RetainedEarningsAccumulatedLosses 2024-10-31 09246132 core:PlantMachinery 2024-10-31 09246132 2023-10-31 09246132 core:PlantMachinery 2023-10-31 iso4217:GBP xbrli:pure