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REGISTERED NUMBER: 05162063 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PDQ CONTRACT FLOORING LIMITED

PDQ CONTRACT FLOORING LIMITED (REGISTERED NUMBER: 05162063)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PDQ CONTRACT FLOORING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Q Wade





SECRETARY: Q Wade





REGISTERED OFFICE: Unit 6, York Farm Business Centre
Watling Street
Towcester
Northamptonshire
NN12 8EU





REGISTERED NUMBER: 05162063 (England and Wales)





ACCOUNTANTS: Jamesons Limited
Jamesons House
Compton Way
Witney
OX28 3AB

PDQ CONTRACT FLOORING LIMITED (REGISTERED NUMBER: 05162063)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,028 54,459

CURRENT ASSETS
Stocks 20,243 20,243
Debtors 5 294,393 364,389
Cash at bank 126,661 233,410
441,297 618,042
CREDITORS
Amounts falling due within one year 6 270,966 364,840
NET CURRENT ASSETS 170,331 253,202
TOTAL ASSETS LESS CURRENT LIABILITIES 245,359 307,661

CREDITORS
Amounts falling due after more than one
year

7

(60,232

)

(134,821

)

PROVISIONS FOR LIABILITIES (18,757 ) (12,809 )
NET ASSETS 166,370 160,031

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 166,270 159,931
SHAREHOLDERS' FUNDS 166,370 160,031

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

PDQ CONTRACT FLOORING LIMITED (REGISTERED NUMBER: 05162063)

BALANCE SHEET - continued
31 DECEMBER 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 August 2025 and were signed by:





Q Wade - Director


PDQ CONTRACT FLOORING LIMITED (REGISTERED NUMBER: 05162063)

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

1. STATUTORY INFORMATION

PDQ Contract Flooring 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 etc - 33% on cost and 25% on reducing balance

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.

PDQ CONTRACT FLOORING LIMITED (REGISTERED NUMBER: 05162063)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 7 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 175,288
Additions 49,353
Disposals (25,999 )
At 31 December 2024 198,642
DEPRECIATION
At 1 January 2024 120,829
Charge for year 17,816
Eliminated on disposal (15,031 )
At 31 December 2024 123,614
NET BOOK VALUE
At 31 December 2024 75,028
At 31 December 2023 54,459

PDQ CONTRACT FLOORING LIMITED (REGISTERED NUMBER: 05162063)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 50,555
Additions 43,577
At 31 December 2024 94,132
DEPRECIATION
At 1 January 2024 36,356
Charge for year 10,404
Transfer to ownership (8,736 )
At 31 December 2024 38,024
NET BOOK VALUE
At 31 December 2024 56,108
At 31 December 2023 14,199

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 159,212 246,159
Other debtors 135,181 118,230
294,393 364,389

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 72,195 52,852
Hire purchase contracts 14,663 11,412
Trade creditors 113,186 193,247
Taxation and social security 41,982 68,940
Other creditors 28,940 38,389
270,966 364,840

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 20,110 112,902
Hire purchase contracts 40,122 21,919
60,232 134,821

PDQ CONTRACT FLOORING LIMITED (REGISTERED NUMBER: 05162063)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary £1 50 50
50 A Ordinary £1 50 50
100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to director's subsisted during the years ended 31 December 2024 and 31 December 2023. The advances were interest free, unsecured and repayable on demand:

20242023
££

Balance outstanding at start of year--
Amounts advanced44,176-
Amounts repaid--
Amounts written off--
Amounts waived--
Balance outstanding at end of the year44,176-