Company Registration No. 00337099 (England and Wales)
P.blagg Limited
Unaudited accounts
for the year ended 28 February 2025
P.blagg Limited
Unaudited accounts
Contents
P.blagg Limited
Company Information
for the year ended 28 February 2025
Directors
Patrick Mulhall
Rachel Mulhall
Company Number
00337099 (England and Wales)
Registered Office
Blaggs Hardware
64 Heaton Moor Road
Stockport
Cheshire
SK4 4NZ
England
Accountants
James Wheelan Accountancy Limited
Minshull House
67 Wellington Road North
Stockport
SK4 2LP
P.blagg Limited
Statement of financial position
as at 28 February 2025
Tangible assets
701,925
702,228
Cash at bank and in hand
69,855
77,916
Creditors: amounts falling due within one year
(80,835)
(328,822)
Net current assets/(liabilities)
7,688
(230,360)
Total assets less current liabilities
709,613
471,868
Creditors: amounts falling due after more than one year
(236,448)
-
Provisions for liabilities
Net assets
472,839
471,484
Called up share capital
500
500
Revaluation reserve
551,565
551,565
Capital redemption reserve
8,125
8,125
Profit and loss account
(87,351)
(88,706)
Shareholders' funds
472,839
471,484
For the year ending 28 February 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 10 July 2025 and were signed on its behalf by
Rachel Mulhall
Director
Company Registration No. 00337099
P.blagg Limited
Notes to the Accounts
for the year ended 28 February 2025
P.blagg Limited is a private company, limited by shares, registered in England and Wales, registration number 00337099. The registered office is Blaggs Hardware, 64 Heaton Moor Road, Stockport, Cheshire, SK4 4NZ, England.
2
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.
These financial statements for the year ended 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2024
700,207
20,044
720,251
At 28 February 2025
700,207
20,044
720,251
At 1 March 2024
-
18,023
18,023
Charge for the year
-
303
303
At 28 February 2025
-
18,326
18,326
At 28 February 2025
700,207
1,718
701,925
At 29 February 2024
700,207
2,021
702,228
P.blagg Limited
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
32,030
273,976
Trade creditors
13,194
11,443
Taxes and social security
-
392
Loans from directors
35,084
39,598
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).