1 January 2024 false No description of principal activity Taxfiler 2024.6 09921777business:PrivateLimitedCompanyLtd2024-01-012024-12-31 099217772023-12-31 099217772024-01-012024-12-31 09921777business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 09921777business:FilletedAccounts2024-01-012024-12-31 099217772024-12-31 09921777business:Director12024-01-012024-12-31 09921777business:RegisteredOffice2024-01-012024-12-31 099217772023-12-31 09921777core:WithinOneYear2024-12-31 09921777core:WithinOneYear2023-12-31 09921777core:AfterOneYear2024-12-31 09921777core:AfterOneYear2023-12-31 09921777core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 09921777core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 09921777core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09921777core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09921777core:PreviouslyStatedAmount2024-12-31 09921777core:PreviouslyStatedAmount2023-12-31 09921777business:SmallEntities2024-01-012024-12-31 09921777countries:EnglandWales2024-01-012024-12-31 09921777core:MotorVehicles2024-01-012024-12-31 09921777core:FurnitureFittings2024-01-012024-12-31 09921777core:ComputerEquipment2024-01-012024-12-31 09921777core:MotorVehicles2023-12-31 09921777core:FurnitureFittings2023-12-31 09921777core:ComputerEquipment2023-12-31 09921777core:MotorVehicles2024-12-31 09921777core:FurnitureFittings2024-12-31 09921777core:ComputerEquipment2024-12-31 099217772023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09921777 (England and Wales)
P Gaughan Construction Limited Unaudited accounts for the year ended 31 December 2024
P Gaughan Construction Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
P Gaughan Construction Limited Company Information for the year ended 31 December 2024
Director
Peter Michael Gaughan
Company Number
09921777 (England and Wales)
Registered Office
C/O Abr Chartered Accountants 37th Floor, Canada Square London E14 5AA United Kingdom
Accountants
ABR Chartered Accountants 37th Floor Canada Square London E14 5AA
- 3 -
P Gaughan Construction Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,622 
7,198 
Current assets
Debtors
5
49,516 
31,087 
Cash at bank and in hand
57,416 
206,350 
106,932 
237,437 
Creditors: amounts falling due within one year
6
(40,904)
(118,829)
Net current assets
66,028 
118,608 
Total assets less current liabilities
71,650 
125,806 
Creditors: amounts falling due after more than one year
7
(4,167)
(14,167)
Net assets
67,483 
111,639 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
67,383 
111,539 
Shareholders' funds
67,483 
111,639 
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
Peter Michael Gaughan Director Company Registration No. 09921777
- 4 -
P Gaughan Construction Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
P Gaughan Construction Limited is a private company, limited by shares, registered in England and Wales, registration number 09921777. The registered office is C/O Abr Chartered Accountants, 37th Floor, Canada Square, London, E14 5AA, United Kingdom.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33.33% straight line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
22,816 
9,459 
4,512 
36,787 
Additions
- 
- 
334 
334 
At 31 December 2024
22,816 
9,459 
4,846 
37,121 
Depreciation
At 1 January 2024
17,619 
7,459 
4,511 
29,589 
Charge for the year
1,299 
500 
111 
1,910 
At 31 December 2024
18,918 
7,959 
4,622 
31,499 
Net book value
At 31 December 2024
3,898 
1,500 
224 
5,622 
At 31 December 2023
5,197 
2,000 
1 
7,198 
- 5 -
P Gaughan Construction Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
17,837 
Trade debtors
11,388 
- 
Amounts due from group undertakings etc.
13,628 
13,250 
Other debtors
24,500 
- 
49,516 
31,087 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
3,521 
- 
Trade creditors
2,351 
3,372 
Taxes and social security
22,376 
19,365 
Loans from directors
351 
83,627 
Accruals
2,305 
2,465 
40,904 
118,829 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,167 
14,167 
8
Transactions with related parties
The total loan made advanced to Mr. Peter Michael Gaughan, director of the company, as on yearend date is amounting to £24,500. This loan is repayable on demand and subject to interest at 3% per annum. The loan remains outstanding as of the balance sheet date.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -