PST Developments Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08686027

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,104		8,639

			7,104		8,639
CURRENT ASSETS
Stocks	5	890,563		2,086,742
Debtors	6	84,186		76,874
Cash at bank and in hand		35,811		4,325

		1,010,560		2,167,941
Creditors: Amounts Falling Due Within One Year	7	(1,033,314 )		(2,100,770 )

NET CURRENT ASSETS (LIABILITIES)			(22,754 )		67,171

TOTAL ASSETS LESS CURRENT LIABILITIES			(15,650 )		75,810

Creditors: Amounts Falling Due After More Than One Year	8		(5,833 )		(15,834 )

NET (LIABILITIES)/ASSETS			(21,483 )		59,976

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(21,485 )		59,974

SHAREHOLDERS' FUNDS			(21,483)		59,976

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PST Developments Ltd.

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Tracy Gray

Director

11 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PST Developments Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 08686027 . The registered office is 80 Alyth Road, Bournemouth, BH3 7HD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.

2.2. Going Concern Disclosure

The directors have confirmed that the company is a going concern and have agreed to continue to support the company for the next 12 months following approval of the accounts.

2.3. 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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	50 years straight line
Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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PST Developments Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 January 2024	2,500	300	25,650	28,450

As at 31 December 2024	2,500	300	25,650	28,450

Depreciation
As at 1 January 2024	-	248	19,563	19,811
Provided during the period	-	13	1,522	1,535

As at 31 December 2024	-	261	21,085	21,346

Net Book Value
As at 31 December 2024	2,500	39	4,565	7,104

As at 1 January 2024	2,500	52	6,087	8,639

5. Stocks

	2024	2023
	£	£
Work in progress	890,563	2,086,742

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	81,703	70,903
VAT	2,483	5,971

	84,186	76,874

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	433	1,085
Bank loans and overdrafts	10,000	10,000
Other taxes and social security	746	6,111
Other creditors	283,333	1,345,291
Accruals and deferred income	2,525	2,525
Directors' loan accounts	736,277	735,758

	1,033,314	2,100,770

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	5,833	15,834

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PST Developments Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

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