P Bromley & Sons Limited - Filleted accounts

Registered number

03869013

P Bromley & Sons Limited

Unaudited Filleted Accounts

31 March 2025

P Bromley & Sons Limited
Registered number:		03869013
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		71,352			59,287

Current assets
Stocks		600			600
Debtors	4	139,395			168,854
Cash at bank and in hand		491,775			438,722
		631,770			608,176

Creditors: amounts falling due within one year	5	(64,666)			(81,707)

Net current assets			567,104			526,469

Total assets less current liabilities			638,456			585,756


Provisions for liabilities			(16,625)			(14,110)


Net assets			621,831			571,646

Capital and reserves
Called up share capital			50			50
Profit and loss account			621,781			571,596

Shareholders' funds			621,831			571,646

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




S Bromley
Director
Approved by the board on 12 September 2025

P Bromley & Sons Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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. Turnover 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years
	Motor vehicles	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price).

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			8		8


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	5,062		278,463		283,525
	Additions	-		51,935		51,935
	Disposals	-		(33,119)		(33,119)
	At 31 March 2025	5,062		297,279		302,341

	Depreciation
	At 1 April 2024	5,062		219,176		224,238
	Charge for the year	-		39,870		39,870
	On disposals	-		(33,119)		(33,119)
	At 31 March 2025	5,062		225,927		230,989

	Net book value
	At 31 March 2025	-		71,352		71,352
	At 31 March 2024	-		59,287		59,287


4	Debtors			2025		2024
£					£

	Trade debtors			133,497		167,934
	Other debtors			5,898		920
				139,395		168,854


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			21,779		31,712
	Taxation and social security costs			27,576		33,812
	Other creditors			15,311		16,183
				64,666		81,707


6	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			21,032		24,618


7	Related party transactions

	Creditors falling due within one year include a loan from one director of £6,000 (2024 - £6,000). The loan is interest-free and repayable on demand.


8	Other information

	P Bromley & Sons Limited is a private company limited by shares and incorporated in England. Its registered office is:
	British Queen Depot,
	Low Moor,
	Bradford,
	West Yorkshire,
	BD12 0TQ