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REGISTERED NUMBER: 02177164 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

PRESTWICH PLASTERING LIMITED

PRESTWICH PLASTERING LIMITED (REGISTERED NUMBER: 02177164)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


PRESTWICH PLASTERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: O M Hetta
Miss N Shah





SECRETARY: Miss N Shah





REGISTERED OFFICE: Vanguard House
Merchants Quay
Salford Quays
Salford
Gtr Manchester
M50 3ST





REGISTERED NUMBER: 02177164 (England and Wales)





ACCOUNTANTS: Allens Accountants Limited
Chartered Accountants
123 Wellington Road South
Stockport
Cheshire
SK1 3TH

PRESTWICH PLASTERING LIMITED (REGISTERED NUMBER: 02177164)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 39,446 55,990

CURRENT ASSETS
Debtors 5 293,542 350,225
Cash at bank 3,220,993 2,385,166
3,514,535 2,735,391
CREDITORS
Amounts falling due within one year 6 2,885,159 2,135,409
NET CURRENT ASSETS 629,376 599,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

668,822

655,972

PROVISIONS FOR LIABILITIES 7 - 2,166
NET ASSETS 668,822 653,806

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 668,722 653,706
SHAREHOLDERS' FUNDS 668,822 653,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

PRESTWICH PLASTERING LIMITED (REGISTERED NUMBER: 02177164)

BALANCE SHEET - continued
31ST MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th August 2025 and were signed on its behalf by:





O M Hetta - Director


PRESTWICH PLASTERING LIMITED (REGISTERED NUMBER: 02177164)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Prestwich Plastering 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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 - 25% on cost, 15% on cost and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

PRESTWICH PLASTERING LIMITED (REGISTERED NUMBER: 02177164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2024 229,748
Additions 2,899
At 31st March 2025 232,647
DEPRECIATION
At 1st April 2024 173,758
Charge for year 19,443
At 31st March 2025 193,201
NET BOOK VALUE
At 31st March 2025 39,446
At 31st March 2024 55,990

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 274,754 302,214
Amounts owed by group undertakings - 36,161
Other debtors 18,788 11,850
293,542 350,225

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 2,402,243 1,687,897
Amounts owed to group undertakings 20,550 -
Taxation and social security 72,197 35,001
Other creditors 390,169 412,511
2,885,159 2,135,409

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Capital allowances in excess of depreciation - 2,166

PRESTWICH PLASTERING LIMITED (REGISTERED NUMBER: 02177164)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st April 2024 2,166
Credit to Statement of Income and Retained Earnings during year (2,166 )
Balance at 31st March 2025 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
90 Ordinary 1 90 90
10 Ordinary A 1 10 10
100 100

9. ULTIMATE PARENT COMPANY

The company is owned by Hetta Holdings Limited by way of its 90% shareholding.