| PDN Sales Ltd |
| Notes to the Accounts |
| for the year ended 30 November 2024 |
|
|
| 1 |
Accounting policies |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
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 |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
9,104 |
|
8,314 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Bank loans and overdrafts |
- |
|
770 |
|
Corporation tax |
17,686 |
|
9,771 |
|
Other taxes and social security costs |
5,691 |
|
4,683 |
|
Other creditors |
154 |
|
45 |
|
|
|
|
|
|
23,531 |
|
15,269 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
PDN Sales Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
46 Lathro Park |
|
Kinross |
|
Kinross-shire |
|
KY13 8RU |