REGISTERED NUMBER: 08451330 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

P R JUNIOR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Richards

REGISTERED OFFICE:

Hayes Road

Cadishead

Manchester

M44 5BU

REGISTERED NUMBER:

08451330 (England and Wales)

ACCOUNTANTS:

Connaughton & Co

2nd Floor, Boulton House

17-21 Chorlton Street

Manchester

M1 3HY

FIXED ASSETS

Tangible assets

4

715,916

806,422

CURRENT ASSETS

Stocks

50,000

50,000

Debtors

5

234,308

143,935

Cash at bank

142,864

241,915

427,172

435,850

CREDITORS

Amounts falling due within one year

6

586,829

542,761

NET CURRENT LIABILITIES

(159,657

)

(106,911

)

TOTAL ASSETS LESS CURRENT LIABILITIES

556,259

699,511

CREDITORS

Amounts falling due after more than one year

7

(111,572

)

(305,536

)

PROVISIONS FOR LIABILITIES

10

(88,627

)

(63,420

)

NET ASSETS

356,060

330,555

CAPITAL AND RESERVES

Called up share capital

11

1

1

Retained earnings

12

356,059

330,554

SHAREHOLDERS' FUNDS

356,060

330,555

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 6 September 2025 and were signed by:

P Richards - Director

1.	STATUTORY INFORMATION

P R Junior 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, 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

-

20% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

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.

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 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 April 2024

3,000

595,816

187

Additions

-

16,612

-

At 31 March 2025

3,000

612,428

187

DEPRECIATION

At 1 April 2024

1,314

182,355

128

Charge for year

422

84,353

15

At 31 March 2025

1,736

266,708

143

NET BOOK VALUE

At 31 March 2025

1,264

345,720

44

At 31 March 2024

1,686

413,461

59

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

439,066

500

1,038,569

Additions

59,918

-

76,530

At 31 March 2025

498,984

500

1,115,099

DEPRECIATION

At 1 April 2024

48,009

341

232,147

Charge for year

82,206

40

167,036

At 31 March 2025

130,215

381

399,183

NET BOOK VALUE

At 31 March 2025

368,769

119

715,916

At 31 March 2024

391,057

159

806,422

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

492,132

439,066

931,198

Additions

-

59,918

59,918

At 31 March 2025

492,132

498,984

991,116

DEPRECIATION

At 1 April 2024

153,323

48,009

201,332

Charge for year

67,761

82,206

149,967

At 31 March 2025

221,084

130,215

351,299

NET BOOK VALUE

At 31 March 2025

271,048

368,769

639,817

At 31 March 2024

338,809

391,057

729,866

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

208,163

119,203

Other debtors

1

1

Tax

76

76

Prepayments

26,068

24,579

234,308

143,859

31.3.25

31.3.24

£

£

Amounts falling due after more than one year:

Tax

-

76

Aggregate amounts

234,308

143,935

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 8)

10,108

10,200

Other loans (see note 8)

90,164

31,255

Hire purchase contracts

232,149

246,868

Trade creditors

148,108

167,946

Tax

1,246

80

Social security and other taxes

8,876

6,040

VAT

90,249

66,440

Other creditors

842

8,380

Directors' current accounts

87

552

Accrued expenses

5,000

5,000

586,829

542,761

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 8)

3,233

13,141

Hire purchase contracts

108,339

292,395

111,572

305,536

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank loans

10,108

10,200

Other loans

90,164

31,255

100,272

41,455

Amounts falling due between one and two years:

Bank loans - 1-2 years

3,233

10,448

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

2,693

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Other loans

90,164

31,255

Hire purchase contracts

340,488

539,263

430,652

570,518

The other loan is secured by a first legal mortgage containing a fixed and floating charge over the assets of the company.

10.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

88,627

63,420

Deferred

tax

£

Balance at 1 April 2024

63,420

Accelerated capital allowances

25,207

Balance at 31 March 2025

88,627

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

12.

RESERVES

Retained

earnings

£

At 1 April 2024

330,554

Profit for the year

117,805

Dividends

(92,300

)

At 31 March 2025

356,059