1 April 2024 false No description of principal activity Taxfiler 2024.6 05765758 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05765758 2024-03-31 05765758 2024-04-01 2025-03-31 05765758 business:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05765758 business:FilletedAccounts 2024-04-01 2025-03-31 05765758 2025-03-31 05765758 business:Director1 2024-04-01 2025-03-31 05765758 business:Director2 2024-04-01 2025-03-31 05765758 business:Director3 2024-04-01 2025-03-31 05765758 business:RegisteredOffice 2024-04-01 2025-03-31 05765758 2024-03-31 05765758 core:WithinOneYear 2025-03-31 05765758 core:WithinOneYear 2024-03-31 05765758 core:AfterOneYear 2025-03-31 05765758 core:AfterOneYear 2024-03-31 05765758 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 05765758 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 05765758 core:CapitalRedemptionReserve core:PreviouslyStatedAmount 2025-03-31 05765758 core:CapitalRedemptionReserve core:PreviouslyStatedAmount 2024-03-31 05765758 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 05765758 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 05765758 core:PreviouslyStatedAmount 2025-03-31 05765758 core:PreviouslyStatedAmount 2024-03-31 05765758 business:SmallEntities 2024-04-01 2025-03-31 05765758 countries:EnglandWales 2024-04-01 2025-03-31 05765758 core:LandBuildings 2024-03-31 05765758 core:LandBuildings 2024-04-01 2025-03-31 05765758 core:LandBuildings 2025-03-31 05765758 core:LandBuildings 2024-03-31 05765758 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 05765758 (England and Wales)
THE PINES WORKSOP LIMITED Unaudited accounts for the year ended 31 March 2025
THE PINES WORKSOP LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
THE PINES WORKSOP LIMITED Company Information for the year ended 31 March 2025
Directors
K Mcdonnell S Taghavi B Maskery
Company Number
05765758 (England and Wales)
Registered Office
85 BRIDGE STREET WORKSOP S80 1DL ENGLAND
- 3 -
THE PINES WORKSOP LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,766,505
1,670,000
Current assets
Debtors
5
600
-
Cash at bank and in hand
3,548
9,095
4,148
9,095
Creditors: amounts falling due within one year
6
(118,933)
(90,489)
Net current liabilities
(114,785)
(81,394)
Total assets less current liabilities
1,651,720
1,588,606
Creditors: amounts falling due after more than one year
7
(1,182,357)
(1,122,229)
Provisions for liabilities
Deferred tax
(35,650)
(35,650)
Net assets
433,713
430,727
Capital and reserves
Called up share capital
240,000
240,000
Capital redemption reserve
365,000
365,000
Profit and loss account
(171,287)
(174,273)
Shareholders' funds
433,713
430,727
For the year ending 31 March 2025 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 23 October 2025 and were signed on its behalf by
K Mcdonnell Director Company Registration No. 05765758
- 4 -
THE PINES WORKSOP LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
THE PINES WORKSOP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05765758. The registered office is 85 BRIDGE STREET, WORKSOP, S80 1DL, ENGLAND.
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.
Turnover
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
- 5 -
THE PINES WORKSOP LIMITED Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 April 2024
1,670,000
Additions
96,505
At 31 March 2025
1,766,505
Depreciation
At 31 March 2025
-
Net book value
At 31 March 2025
1,766,505
At 31 March 2024
1,670,000
2025
2024
£
£
Carrying amount of land and buildings on cost basis
1,574,138
1,477,633
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
600
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
46,643
46,771
Taxes and social security
-
10,599
Other creditors
67,400
29,899
Accruals
4,890
3,220
118,933
90,489
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,182,357
1,122,229
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -