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Company Registration No. 07875888 (England and Wales)
PHILIP ARMSTRONG CONSTRUCTION LIMITED Unaudited accounts for the year ended 31 December 2024
PHILIP ARMSTRONG CONSTRUCTION LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PHILIP ARMSTRONG CONSTRUCTION LIMITED Company Information for the year ended 31 December 2024
Director
Philip Armstrong
Company Number
07875888 (England and Wales)
Registered Office
10 HEIGHINGTON STREET AYCLIFFE VILLAGE NEWTON AYCLIFFE COUNTY DURHAM DL5 6JZ
Accountants
Fortis Accountancy Services Limited 13T Queensway House Queensway Middlesbrough TS3 8TF
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PHILIP ARMSTRONG CONSTRUCTION LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
6,750 
10,950 
Current assets
Inventories
63,089 
60,923 
Debtors
5
2,179 
(3,996)
Cash at bank and in hand
(2,605)
15,517 
62,663 
72,444 
Creditors: amounts falling due within one year
6
(10,945)
(3,263)
Net current assets
51,718 
69,181 
Total assets less current liabilities
58,468 
80,131 
Creditors: amounts falling due after more than one year
7
(19,548)
(35,512)
Net assets
38,920 
44,619 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
38,919 
44,618 
Shareholders' funds
38,920 
44,619 
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2025 and were signed on its behalf by
Philip Armstrong Director Company Registration No. 07875888
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PHILIP ARMSTRONG CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PHILIP ARMSTRONG CONSTRUCTION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07875888. The registered office is 10 HEIGHINGTON STREET, AYCLIFFE VILLAGE, NEWTON AYCLIFFE, COUNTY DURHAM, DL5 6JZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
21,450 
At 31 December 2024
21,450 
Depreciation
At 1 January 2024
10,500 
Charge for the year
4,200 
At 31 December 2024
14,700 
Net book value
At 31 December 2024
6,750 
At 31 December 2023
10,950 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,643 
384 
Other debtors
(464)
(4,380)
2,179 
(3,996)
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PHILIP ARMSTRONG CONSTRUCTION LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,898 
2,674 
Taxes and social security
7,047 
- 
Other creditors
- 
89 
Accruals
- 
500 
10,945 
3,263 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,548 
35,512 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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