PB PROCESS ENGINEERING LIMITED


Directors	BENNETT, Philip
	WILLIAMS, Donna Louise


Company Secretary	WILLIAMS, Donna Louise


Registered Address	Community House
	Badger Street
	Bury
	BL9 6AD


Registered Number	08848351 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		9,601		11,457
			9,601		11,457
Current assets
Stocks		-		2
Debtors	4	9,356		7,150
Cash at bank and on hand		6,222		6,846
		15,578		13,998
Creditors amounts falling due within one year	5	(16,131)		(14,533)
Net current assets (liabilities)			(553)		(535)
Total assets less current liabilities			9,048		10,922
Creditors amounts falling due after one year	6		(8,831)		(10,884)
Net assets			217		38
Capital and reserves
Called up share capital			1		1
Profit and loss account			216		37
Shareholders' funds			217		38

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 26 September 2025, and are signed on its behalf by:

BENNETT, Philip
Director
Registered Company No. 08848351

PB PROCESS ENGINEERING LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

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

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	20
	Vehicles	20
	Office Equipment	20

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	18,719
	Additions	509
	At 31 December 24	19,228
	Depreciation and impairment
	At 01 January 24	7,263
	Charge for year	2,364
	At 31 December 24	9,627
	Net book value
	At 31 December 24	9,601
	At 31 December 23	11,457

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	7,809	6,833
Total	7,809	6,833


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Taxation and social security	16,131	14,533
Total	16,131	14,533


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	8,831	10,834
Other creditors	-	50
Total	8,831	10,884