REGISTERED NUMBER: 05000105 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

PDP Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P D Padgham

Mrs M C Padgham

M R Marchant

J Neeter

SECRETARY:

Mrs M C Padgham

REGISTERED OFFICE:

Unit 3 Sovereign Business Park

Albert Drive

Burgess Hill

West Sussex

RH15 9TY

REGISTERED NUMBER:

05000105 (England and Wales)

ACCOUNTANTS:

Price Green & Co

Lynnem House

1 Victoria Way

Burgess Hill

West Sussex

RH15 9NF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

217,373

176,148

217,373

176,148

CURRENT ASSETS

Stocks

217,794

114,626

Debtors

6

150,018

167,370

367,812

281,996

CREDITORS

Amounts falling due within one year

7

440,234

331,501

NET CURRENT LIABILITIES

(72,422

)

(49,505

)

TOTAL ASSETS LESS CURRENT LIABILITIES

144,951

126,643

CREDITORS

Amounts falling due after more than one year

8

86,493

149,186

NET ASSETS/(LIABILITIES)

58,458

(22,543

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

57,458

(23,543

)

SHAREHOLDERS' FUNDS

58,458

(22,543

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 13 October 2025 and were signed on its behalf by:

P D Padgham - Director

1.	STATUTORY INFORMATION

PDP Services 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 10% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 23 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

35,000

AMORTISATION

At 1 April 2024

and 31 March 2025

35,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

333,282

Additions

86,944

Disposals

(17,000

)

At 31 March 2025

403,226

DEPRECIATION

At 1 April 2024

157,134

Charge for year

32,969

Eliminated on disposal

(4,250

)

At 31 March 2025

185,853

NET BOOK VALUE

At 31 March 2025

217,373

At 31 March 2024

176,148

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

217,205

Additions

83,656

Disposals

(17,000

)

At 31 March 2025

283,861

DEPRECIATION

At 1 April 2024

54,123

Charge for year

29,533

Eliminated on disposal

(4,250

)

At 31 March 2025

79,406

NET BOOK VALUE

At 31 March 2025

204,455

At 31 March 2024

163,082

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

129,414

102,758

Other debtors

20,604

64,612

150,018

167,370

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

145,592

67,525

Hire purchase contracts

63,902

48,949

Trade creditors

52,090

73,739

Taxation and social security

30,098

9,166

Other creditors

148,552

132,122

440,234

331,501

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

1,647

46,000

Hire purchase contracts

84,846

103,186

86,493

149,186

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

P D Padgham and Mrs M C Padgham

Balance outstanding at start of year

17,233

(5,935

)

Amounts advanced

10,072

23,168

Amounts repaid

(40,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(12,695

)

17,233

10.	ULTIMATE CONTROLLING PARTY

The controlling party is P D Padgham.