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REGISTERED NUMBER: 00306093 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

The Potters Clay & Coal Co. Limited
The Potters Clay & Coal Co. Limited (Registered number: 00306093)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


The Potters Clay & Coal Co. Limited (Registered number: 00306093)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,042 1,154
Investment property 5 210,000 210,000
211,042 211,154

CURRENT ASSETS
Stocks 12,300 12,300
Debtors 6 49,496 54,777
Cash at bank and in hand 269 30
62,065 67,107
CREDITORS
Amounts falling due within one year 7 39,773 39,705
NET CURRENT ASSETS 22,292 27,402
TOTAL ASSETS LESS CURRENT LIABILITIES 233,334 238,556

PROVISIONS FOR LIABILITIES 24,233 24,347
NET ASSETS 209,101 214,209

CAPITAL AND RESERVES
Called up share capital 3,120 3,120
Non distributable reserves 8 129,964 135,140
Retained earnings 76,017 75,949
SHAREHOLDERS' FUNDS 209,101 214,209

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2025 and were signed on its behalf by:




Mr JWW Noake - Director


The notes form part of these financial statements

Page 1
The Potters Clay & Coal Co. Limited (Registered number: 00306093)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

The Potters Clay & Coal Co. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 00306093

Registered office: Albion Works
Brick Kiln Lane
Etruria
Stoke on Trent
Staffordshire
ST4 7BP

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. Historical cost as modified by the revaluation of certain fixed assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied.

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 - not provided
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 Profit and Loss Account, 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.


Page 2 continued...
The Potters Clay & Coal Co. Limited (Registered number: 00306093)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
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
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.

Fixed asset investments
Fixed asset investments are stated at cost less provision for diminution in value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 592 41,007 17,703 43,300 102,602
DEPRECIATION
At 1 January 2024 - 40,866 17,655 42,927 101,448
Charge for year - 28 10 74 112
At 31 December 2024 - 40,894 17,665 43,001 101,560
NET BOOK VALUE
At 31 December 2024 592 113 38 299 1,042
At 31 December 2023 592 141 48 373 1,154

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024
and 31 December 2024 210,000
NET BOOK VALUE
At 31 December 2024 210,000
At 31 December 2023 210,000

The Directors have assessed the value of the investment properties at 31st December 2023, and consider them to be at fair market value.In the directors opinion there has been no significant change in this value to 31st December 2024. The original cost of these properties was £56,001.

Page 3 continued...
The Potters Clay & Coal Co. Limited (Registered number: 00306093)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,335 3,766
Amounts owed by group undertakings 35,467 43,953
Other debtors 9,694 7,058
49,496 54,777

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 482
Trade creditors 1,941 1,517
Taxation and social security - 216
Other creditors 37,832 37,490
39,773 39,705

8. RESERVES
Non
distributable
reserves
£   
At 1 January 2024 135,140
Movement (5,176 )

At 31 December 2024 129,964

9. ULTIMATE CONTROLLING PARTY

The controlling party is Potclays Limited.

The ultimate controlling party is Mr J Noake.

Page 4