REGISTERED NUMBER: 06813030 (England and Wales)

P&L SUPERIOR PET BEDS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Miller

J Miller

SECRETARY:

REGISTERED OFFICE:

Units 14 Conqueror Ind Estate

Moorhurst Road

St Leonards On Sea

East Sussex

TN38 9NB

REGISTERED NUMBER:

06813030 (England and Wales)

ACCOUNTANTS:

In The Cloud Accounting

Springhaven

1a Barnfield Close

Hastings

East Sussex

TN34 1TS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,703

974

10,703

974

CURRENT ASSETS

Stocks

6

16,210

13,979

Debtors

7

18,017

16,421

Cash at bank and in hand

867

32,818

35,094

63,218

CREDITORS

Amounts falling due within one year

8

(31,110

)

(27,363

)

NET CURRENT ASSETS

3,984

35,855

TOTAL ASSETS LESS CURRENT LIABILITIES

14,687

36,829

CREDITORS

Amounts falling due after more than one year

9

-

(7,572

)

NET ASSETS

14,687

29,257

CAPITAL AND RESERVES

Called up share capital

10

100

100

Revaluation reserve

11

10,000

-

Retained earnings

11

4,587

29,157

SHAREHOLDERS' FUNDS

14,687

29,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

T Miller - Director

J Miller - Director

1.	STATUTORY INFORMATION

P&L Superior Pet Beds Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

50,000

AMORTISATION

At 1 September 2024

and 31 August 2025

50,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST OR VALUATION

At 1 September 2024

23,572

1,229

24,801

Revaluations

10,000

-

10,000

At 31 August 2025

33,572

1,229

34,801

DEPRECIATION

At 1 September 2024

22,598

1,229

23,827

Charge for year

271

-

271

At 31 August 2025

22,869

1,229

24,098

NET BOOK VALUE

At 31 August 2025

10,703

-

10,703

At 31 August 2024

974

-

974

Cost or valuation at 31 August 2025 is represented by:

Plant and

Computer

machinery

equipment

Totals

£

£

£

Valuation in 2025

10,000

-

10,000

Cost

23,572

1,229

24,801

33,572

1,229

34,801

6.

STOCKS

31.8.25

31.8.24

£

£

Stocks

16,210

13,979

Stock is stated at the lower of cost or net realisable value. The company periodically reviews the value of items in stock and provides write-downs based on its assessment of market conditions.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

13,782

8,954

Other debtors

100

100

Directors' current accounts

1,673

740

Tax

-

3,873

Prepayments

2,462

2,754

18,017

16,421

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

21,290

10,648

Trade creditors

3,948

9,975

Tax

(17

)

-

Social security and other taxes

769

711

VAT

3,070

2,028

Other creditors

-

441

Accrued expenses

2,050

3,560

31,110

27,363

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 1-2 years

-

7,572

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 September 2024

29,157

-

29,157

Deficit for the year

(24,570

)

(24,570

)

Reserves transfer

-

10,000

10,000

At 31 August 2025

4,587

10,000

14,587

12.	RELATED PARTY DISCLOSURES

A director, T Miller, has provided a personal guarantee to the company's bankers for the overdraft facility.

The controlling party is not known.