REGISTERED NUMBER: 05688880 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

P. J. Canale Painters & Decorators

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P J Canale

REGISTERED OFFICE:

123 Hallsteads

Dove Holes

Buxton

Derbyshire

SK17 8BU

REGISTERED NUMBER:

05688880 (England and Wales)

ACCOUNTANTS:

Guthrie Accountancy Services Ltd

Unit 1

11 Eagle Parade

Buxton

Derbyshire

SK17 6EQ

FIXED ASSETS

Tangible assets

4

4,275

5,700

CURRENT ASSETS

Cash at bank

24,906

24,451

CREDITORS

Amounts falling due within one year

5

10,962

19,079

NET CURRENT ASSETS

13,944

5,372

TOTAL ASSETS LESS CURRENT LIABILITIES

18,219

11,072

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,119

10,972

SHAREHOLDERS' FUNDS

18,219

11,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 16 September 2025 and were signed by:

P J Canale - Director

1.	STATUTORY INFORMATION

P. J. Canale Painters & Decorators 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 July 2024

and 30 June 2025

7,600

DEPRECIATION

At 1 July 2024

1,900

Charge for year

1,425

At 30 June 2025

3,325

NET BOOK VALUE

At 30 June 2025

4,275

At 30 June 2024

5,700

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

(1

)

1

Tax

2,128

664

Business card

436

99

Directors' loan accounts

7,919

17,835

Accrued expenses

480

480

10,962

19,079