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REGISTERED NUMBER: 07050011













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

PICKFORD PRE-CAST CONCRETE LIMITED

PICKFORD PRE-CAST CONCRETE LIMITED (REGISTERED NUMBER: 07050011)






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


PICKFORD PRE-CAST CONCRETE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: R Austin
P Ratcliffe





REGISTERED OFFICE: c/o Daggett and Company
Parkway House
Palatine Road
Northenden
Manchester
M22 4DB





REGISTERED NUMBER: 07050011





ACCOUNTANTS: Daggett and Company
Chartered Accountants
Parkway House
Palatine Road
Northenden
Manchester
M22 4DB

PICKFORD PRE-CAST CONCRETE LIMITED (REGISTERED NUMBER: 07050011)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 50,798 58,857
50,798 58,857

CURRENT ASSETS
Stocks 59,781 81,144
Debtors 6 171,897 183,242
Cash at bank and in hand 1,790 65,329
233,468 329,715
CREDITORS
Amounts falling due within one year 7 294,426 260,862
NET CURRENT (LIABILITIES)/ASSETS (60,958 ) 68,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,160

)

127,710

CREDITORS
Amounts falling due after more than one
year

8

45,960

31,699
NET (LIABILITIES)/ASSETS (56,120 ) 96,011

CAPITAL AND RESERVES
Called up share capital 60,000 60,000
Retained earnings (116,120 ) 36,011
SHAREHOLDERS' FUNDS (56,120 ) 96,011

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 directors acknowledge their 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.

PICKFORD PRE-CAST CONCRETE LIMITED (REGISTERED NUMBER: 07050011)

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 Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by:





R Austin - Director


PICKFORD PRE-CAST CONCRETE LIMITED (REGISTERED NUMBER: 07050011)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1. STATUTORY INFORMATION

Pickford Pre-Cast Concrete Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its estimated useful economic life of ten years. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

No provision for deferred tax has been made due to the existence of historic tax losses.

PICKFORD PRE-CAST CONCRETE LIMITED (REGISTERED NUMBER: 07050011)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 3,000
AMORTISATION
At 1 November 2023
and 31 October 2024 3,000
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 171,109
Additions 7,898
At 31 October 2024 179,007
DEPRECIATION
At 1 November 2023 112,252
Charge for year 15,957
At 31 October 2024 128,209
NET BOOK VALUE
At 31 October 2024 50,798
At 31 October 2023 58,857

PICKFORD PRE-CAST CONCRETE LIMITED (REGISTERED NUMBER: 07050011)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 149,007 149,065
Other debtors 22,890 34,177
171,897 183,242

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 43,473 10,648
Trade creditors 166,290 191,199
Taxation and social security 61,222 47,091
Other creditors 23,441 11,924
294,426 260,862

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 11,071 16,699
Other creditors 34,889 15,000
45,960 31,699

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.10.24 31.10.23
£    £   
Between one and five years 50,858 45,367

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following amounts were owed by the company to the directors; P Ratcliffe £30,000 (2023 £15,000 ). R. Austin £4889 (2023 Nil). The loans are free of interest and not repayable within one year of the balance sheet date.

11. RELATED PARTY DISCLOSURES

P. Ratcliffe and R Austin are directors and shareholders in A T Lintels Limited. Purchases £726 (2023 £4,447) were made from and sales £7008 (2023 £2,371) made to A T Lintels Limited in the period on normal business terms. At the year end £7866 was owed by the company to A T Lintels Ltd (2023 £6018 owed to the company) . The loan is free of interest and repayable on demand.

R Austin is a director of A H Insulation Solutions Ltd. During the year the company made purchases of £9,895 (2023 £12,569) from, sales to £1770 (2023 £7,695) and at the year end owed £4,769 to A H Insulation Solutions Limited.(2023 £8,228)

12. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the called up share capital.