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REGISTERED NUMBER: 04833865 (England and Wales)















P & E Contract Services Limited

Unaudited Financial Statements for the Year Ended 30 November 2024






P & E Contract Services Limited (Registered number: 04833865)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P & E Contract Services Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Mr Pedro Edison Panchi Guanoluisa





SECRETARY: Ms Erika Lorena Altuna De Diaz





REGISTERED OFFICE: 33 Kempshott Road
Streatham
London
SW16 5LG





REGISTERED NUMBER: 04833865 (England and Wales)

P & E Contract Services Limited (Registered number: 04833865)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 243,568 246,813

CURRENT ASSETS
Debtors 5 62,268 59,005
Cash at bank 28,507 37,081
90,775 96,086
CREDITORS
Amounts falling due within one year 6 110,958 106,837
NET CURRENT LIABILITIES (20,183 ) (10,751 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

223,385

236,062

CREDITORS
Amounts falling due after more than one
year

7

122,037

114,511
NET ASSETS 101,348 121,551

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 101,248 121,451
SHAREHOLDERS' FUNDS 101,348 121,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

P & E Contract Services Limited (Registered number: 04833865)

Balance Sheet - continued
30 November 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 5 August 2025 and were signed by:





Mr Pedro Edison Panchi Guanoluisa - Director


P & E Contract Services Limited (Registered number: 04833865)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

P & E Contract Services Limited is a private company, limited by shares , registered in England and Wales. 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 represents amounts receivable for the services provided to the customers during the accounting period, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 4% on cost
Plant and machinery - 25% on cost
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2023 - 35 ) .

P & E Contract Services Limited (Registered number: 04833865)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 295,769 8,902 304,671
DEPRECIATION
At 1 December 2023 50,270 7,588 57,858
Charge for year 2,958 287 3,245
At 30 November 2024 53,228 7,875 61,103
NET BOOK VALUE
At 30 November 2024 242,541 1,027 243,568
At 30 November 2023 245,499 1,314 246,813

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 60,333 59,005
Other debtors 1,935 -
62,268 59,005

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 8,548 6,330
Taxation and social security 54,282 49,273
Other creditors 48,128 51,234
110,958 106,837

Other creditors includes mortgage repayment of £11,122 (2023: £10745 ). Bank over draft represents Bounce Back loan due within one year at interest rate of 2.5% pa and another loan repayable at interest rate of 10.65% pa.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 41,969 24,010
Other creditors 80,068 90,501
122,037 114,511

Amounts falling due in more than five years:

Repayable by instalments
Mortgage due over five years 32,582 31,385

P & E Contract Services Limited (Registered number: 04833865)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

Bank loan represents Bounce Back loan repayable over 2-5 years at interest rate of 2.5% pa.and another loan repayable at interest rate of 10.65% pa.

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Other loans 80,068 90,501
Mortgage due less than 1 year 11,122 10,755
91,190 101,256

The debt is secured over the freehold property held by the Company.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the Balance Sheet date the director was owed £21,299 (2023: £36,533 ) which is included with Other Creditors due within one year.