Company Registration No. 08329404 (England and Wales)
Pips Dent Removals Limited
Unaudited accounts
for the year ended 31 December 2024
Pips Dent Removals Limited
Unaudited accounts
Contents
Pips Dent Removals Limited
Company Information
for the year ended 31 December 2024
Directors
T D Ellis
T Ellis
Company Number
08329404 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Pips Dent Removals Limited
Statement of financial position
as at 31 December 2024
Tangible assets
62,486
65,384
Cash at bank and in hand
51,997
49,653
Creditors: amounts falling due within one year
(99,068)
(98,075)
Net current liabilities
(14,539)
(30,176)
Total assets less current liabilities
47,947
35,208
Creditors: amounts falling due after more than one year
(31,229)
(30,972)
Called up share capital
2
2
Profit and loss account
16,716
4,234
Shareholders' funds
16,718
4,236
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 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 of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by
T D Ellis
Director
Company Registration No. 08329404
Pips Dent Removals Limited
Notes to the Accounts
for the year ended 31 December 2024
Pips Dent Removals Limited is a private company, limited by shares, registered in England and Wales, registration number 08329404. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
25% on reducing balance
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Pips Dent Removals Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
89,306
1,885
3,072
94,263
Additions
23,605
-
-
23,605
Disposals
(18,942)
-
-
(18,942)
At 31 December 2024
93,969
1,885
3,072
98,926
At 1 January 2024
26,236
1,014
1,629
28,879
Charge for the year
20,250
218
361
20,829
On disposals
(13,268)
-
-
(13,268)
At 31 December 2024
33,218
1,232
1,990
36,440
At 31 December 2024
60,751
653
1,082
62,486
At 31 December 2023
63,070
871
1,443
65,384
Amounts falling due within one year
Trade debtors
24,276
17,526
Accrued income and prepayments
1,256
720
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,000
4,000
Obligations under finance leases and hire purchase contracts
10,313
7,798
Trade creditors
1,503
3,863
Taxes and social security
15,211
8,663
Loans from directors
52,946
71,375
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
29,562
25,305
Pips Dent Removals Limited
Notes to the Accounts
for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).