Pete Moorhouse Limited 09419230 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is is the production of sculptures. Digita Accounts Production Advanced 6.30.9574.0 true true 09419230 2024-04-01 2025-03-31 09419230 2025-03-31 09419230 core:RetainedEarningsAccumulatedLosses 2025-03-31 09419230 core:ShareCapital 2025-03-31 09419230 core:CurrentFinancialInstruments 2025-03-31 09419230 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09419230 core:PlantMachinery 2025-03-31 09419230 bus:SmallEntities 2024-04-01 2025-03-31 09419230 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09419230 bus:FilletedAccounts 2024-04-01 2025-03-31 09419230 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09419230 bus:RegisteredOffice 2024-04-01 2025-03-31 09419230 bus:Director1 2024-04-01 2025-03-31 09419230 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09419230 core:PlantMachinery 2024-04-01 2025-03-31 09419230 countries:EnglandWales 2024-04-01 2025-03-31 09419230 2024-03-31 09419230 core:PlantMachinery 2024-03-31 09419230 2023-04-01 2024-03-31 09419230 2024-03-31 09419230 core:RetainedEarningsAccumulatedLosses 2024-03-31 09419230 core:ShareCapital 2024-03-31 09419230 core:CurrentFinancialInstruments 2024-03-31 09419230 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09419230 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 09419230

Pete Moorhouse Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Pete Moorhouse Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Pete Moorhouse Limited

Company Information

Director

P J Moorhouse

Registered office

18 Bedford Crescent
Horfield
Bristol
BS7 9PP

Accountants

Burton Sweet Limited
Spencer House
Morston Court
Aisecome Way
Weston-super-Mare
North Somerset
BS22 8NG

 

Pete Moorhouse Limited

(Registration number: 09419230)
Balance Sheet
31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

1,724

304

Current assets

 

Stocks

2,024

2,000

Debtors

5

12,542

7,205

Cash at bank and in hand

 

17,872

54,933

 

32,438

64,138

Creditors: Amounts falling due within one year

6

(34,053)

(63,546)

Net current (liabilities)/assets

 

(1,615)

592

Net assets

 

109

896

Capital and reserves

 

Called up share capital

2

2

Retained earnings

107

894

Shareholders' funds

 

109

896

 

Pete Moorhouse Limited

(Registration number: 09419230)
Balance Sheet
31 March 2025

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 July 2025
 

.........................................
P J Moorhouse
Director

 

Pete Moorhouse Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
18 Bedford Crescent
Horfield
Bristol
BS7 9PP
UK

These financial statements were authorised for issue by the director on 21 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Pete Moorhouse Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & machinery

25% straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

 

Pete Moorhouse Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Pete Moorhouse Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 April 2024

2,347

2,347

Additions

1,995

1,995

At 31 March 2025

4,342

4,342

Depreciation

At 1 April 2024

2,043

2,043

Charge for the year

575

575

At 31 March 2025

2,618

2,618

Carrying amount

At 31 March 2025

1,724

1,724

At 31 March 2024

304

304

5

Debtors

2025
£

2024
£

Trade debtors

12,542

7,205

12,542

7,205

 

Pete Moorhouse Limited

Notes to the Unaudited Financial Statements
Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Trade creditors

-

3,939

Taxation and social security

9,676

10,112

Accruals and deferred income

1,160

1,064

Other creditors

23,217

48,431

34,053

63,546