REGISTERED NUMBER: 01905132 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JULY 2023 TO 31ST OCTOBER 2024

FOR

PAVER REPAIR SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T Fagan

SECRETARY:

Mrs G Fagan

REGISTERED OFFICE:

Bannister Hall Works

Higher Walton

Preston

Lancashire

PR5 4DZ

REGISTERED NUMBER:

01905132 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Chartered Accountants

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Tangible assets

4

563,623

585,195

Investments

5

1,000,000

1,000,000

1,563,623

1,585,195

CURRENT ASSETS

Debtors

6

127,478

523,737

Cash at bank

-

17,724

127,478

541,461

CREDITORS

Amounts falling due within one year

7

3,385

3,733

NET CURRENT ASSETS

124,093

537,728

TOTAL ASSETS LESS CURRENT LIABILITIES

1,687,716

2,122,923

CREDITORS

Amounts falling due after more than one year

8

(454,745

)

(392,631

)

PROVISIONS FOR LIABILITIES

(29,666

)

(35,088

)

NET ASSETS

1,203,305

1,695,204

CAPITAL AND RESERVES

Called up share capital

13,098

16,400

Share premium

990,000

990,000

Capital redemption reserve

4,902

1,600

Retained earnings

195,305

687,204

SHAREHOLDERS' FUNDS

1,203,305

1,695,204

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

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

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 22nd August 2025 and were signed by:

T Fagan - Director

1.	STATUTORY INFORMATION

Paver Repair 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.

The financial statements present information relating to Paver Repair Services Limited, not to Paver Repair Services Limited Group. In the opinion of the director, Paver Repair Services Limited is exempt from preparing consolidated financial statements of the Group as it qualifies as a small group under the Companies Act 2006.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

-

2% on revaluation

Plant and machinery

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period 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 period 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 period was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1st July 2023

and 31st October 2024

800,000

79,535

879,535

DEPRECIATION

At 1st July 2023

216,000

78,340

294,340

Charge for period

21,333

239

21,572

At 31st October 2024

237,333

78,579

315,912

NET BOOK VALUE

At 31st October 2024

562,667

956

563,623

At 30th June 2023

584,000

1,195

585,195

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st July 2023

and 31st October 2024

1,000,000

NET BOOK VALUE

At 31st October 2024

1,000,000

At 30th June 2023

1,000,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

30.6.23

£

£

Other debtors

127,478

523,737

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

30.6.23

£

£

Bank loans and overdrafts

2,085

-

Taxation and social security

-

1,133

Other creditors

1,300

2,600

3,385

3,733

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

30.6.23

£

£

Amounts owed to group undertakings

454,745

392,631

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31st October 2024 and the year ended 30th June 2023:

31.10.24

30.6.23

£

£

T Fagan

Balance outstanding at start of period

115,850

66,731

Amounts advanced

77,756

115,850

Amounts repaid

-

-

Amounts written off

(147,705

)

(66,731

)

Amounts waived

-

-

Balance outstanding at end of period

45,901

115,850

Director loans are unsecured, interest free and repayable on demand.