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REGISTERED NUMBER: 06399076 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

PDP PROPERTY SERVICES LTD

PDP PROPERTY SERVICES LTD (REGISTERED NUMBER: 06399076)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PDP PROPERTY SERVICES LTD

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTOR: M J Acton





REGISTERED OFFICE: Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB





REGISTERED NUMBER: 06399076 (England and Wales)





ACCOUNTANTS: Studholme-Bell Limited
Chartered Accountants
& Business Advisors
Vantage House
3 East Terrace Business Park
Euxton Lane, Euxton
Chorley
Lancashire
PR7 6TB

PDP PROPERTY SERVICES LTD (REGISTERED NUMBER: 06399076)

BALANCE SHEET
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 122,006 100,333
122,006 100,333

CURRENT ASSETS
Stocks 254,826 254,826
Debtors 7 217,361 113,979
Cash at bank and in hand 381,402 292,655
853,589 661,460
CREDITORS
Amounts falling due within one year 8 306,533 189,440
NET CURRENT ASSETS 547,056 472,020
TOTAL ASSETS LESS CURRENT
LIABILITIES

669,062

572,353

CREDITORS
Amounts falling due after more than one
year

9

(77,402

)

(81,872

)

PROVISIONS FOR LIABILITIES (30,501 ) (25,083 )
NET ASSETS 561,159 465,398

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 561,059 465,298
SHAREHOLDERS' FUNDS 561,159 465,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PDP PROPERTY SERVICES LTD (REGISTERED NUMBER: 06399076)

BALANCE SHEET - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 July 2025 and were signed by:





M J Acton - Director


PDP PROPERTY SERVICES LTD (REGISTERED NUMBER: 06399076)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024


1. STATUTORY INFORMATION

PDP Property Services Limited is a private company, limited by shares, registered in England and Wales. The registered office address can be found on the company information page.

2. COMPLIANCE WITH ACCOUNTING STANDARDS

These financial statements have been prepared in compliance with FRS102 Section 1A for small entities. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The principle accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Income recognition
Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

Stocks
Stocks have been valued at the lower of cost and estimated selling price, less costs to sell. In respect of work in progress and finished goods, cost included a relevant proportion of overheads according to the stage of manufacture/completion.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

PDP PROPERTY SERVICES LTD (REGISTERED NUMBER: 06399076)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


3. ACCOUNTING POLICIES - continued

Employee benefits
Short term employee benefits, including holiday pay, are recognised as an expense in the income statement in the period in which they are incurred.

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the income statement when due.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 6 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 65,000
AMORTISATION
At 1 November 2023
and 31 October 2024 65,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2023 83,839 13,204 119,280 4,948 221,271
Additions 5,000 - 54,895 - 59,895
Disposals - - (13,500 ) - (13,500 )
At 31 October 2024 88,839 13,204 160,675 4,948 267,666
DEPRECIATION
At 1 November 2023 38,690 13,180 65,739 3,329 120,938
Charge for year 15,296 24 14,879 598 30,797
Eliminated on disposal - - (6,075 ) - (6,075 )
At 31 October 2024 53,986 13,204 74,543 3,927 145,660
NET BOOK VALUE
At 31 October 2024 34,853 - 86,132 1,021 122,006
At 31 October 2023 45,149 24 53,541 1,619 100,333

PDP PROPERTY SERVICES LTD (REGISTERED NUMBER: 06399076)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


6. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 36,395
At 31 October 2024 36,395
DEPRECIATION
Charge for year 3,640
At 31 October 2024 3,640
NET BOOK VALUE
At 31 October 2024 32,755

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 209,540 110,066
Other debtors 7,821 3,913
217,361 113,979

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 5,722 14,970
Hire purchase contracts 4,891 -
Trade creditors 114,562 73,905
Amounts owed to group undertakings 54,500 39,500
Taxation and social security 111,531 54,900
Other creditors 15,327 6,165
306,533 189,440

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 32,115 35,034
Hire purchase contracts 12,635 -
Other creditors 32,652 46,838
77,402 81,872

PDP PROPERTY SERVICES LTD (REGISTERED NUMBER: 06399076)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.10.24 31.10.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans 5 + 26,562 10,821