Puxton Developments Limited

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—8

Report to the directors on the preparation of the unaudited statutory accounts of Puxton Developments Limited for the year ended 30 June 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Puxton Developments Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Puxton Developments Limited , as a body, in accordance with the terms of our engagement letter dated 07 August 2020. Our work has been undertaken solely to prepare for your approval the accounts of Puxton Developments Limited and state those matters that we have agreed to state to the directors of Puxton Developments Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Puxton Developments Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Puxton Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Puxton Developments Limited . You consider that Puxton Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Puxton Developments Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

30 October 2025

Pinstripe Ltd

Pure Offices Kestrel Court

Harbour Road

Portishead

Bristol

BS20 7AN

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Puxton Developments Limited

Balance Sheet

As At 30 June 2025

Balance Sheet

Registered number: 04237635

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,000		14,000
Tangible Assets	5		144,226		165,225

			156,226		179,225
CURRENT ASSETS
Stocks	6	400,950		936,802
Debtors	7	19,191		14,081
Cash at bank and in hand		279,739		18,009

		699,880		968,892
Creditors: Amounts Falling Due Within One Year	8	(680,037 )		(691,456 )

NET CURRENT ASSETS (LIABILITIES)			19,843		277,436

TOTAL ASSETS LESS CURRENT LIABILITIES			176,069		456,661

Creditors: Amounts Falling Due After More Than One Year	9		(44,579 )		(502,724 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(33,067 )		(2,080 )

NET ASSETS/(LIABILITIES)			98,423		(48,143 )

CAPITAL AND RESERVES
Called up share capital	13		500		500
Profit and Loss Account			97,923		(48,643 )

SHAREHOLDERS' FUNDS			98,423		(48,143)

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Puxton Developments Limited

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Joanne Frappell

Director

31 October 2025

The notes on pages 4 to 8 form part of these financial statements.

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Puxton Developments Limited

Notes to the Financial Statements

For The Year Ended 30 June 2025

Notes to the Financial Statements

1. General Information

Puxton Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04237635 . The registered office is Myrtle Farm Puxton, Hewish, Weston-Super-Mare, Avon, BS24 6TE.

The presentation currency of the financial statements is the Pound Sterling (£)

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents the revenue generated from the sale of goods and services. Revenue is measured at the fair value of the consideration received and receivable excluding value added tax.

Sales of goods are recognised when the company has delivered the products to the customer and the customer has accepted the products.

Revenue from services is recognised when services have been provided and the contractual right to the consideration has been earned. For incomplete contracts an assessment is made of the extent to which revenue has been earned.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill in connection with the acquisition of a business was purchased on 30 June 2021, it will be amortised evenly over it's estimated useful life of ten years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses

Depreciation is provided at following annual rates in order to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on reducing balance per annum
Motor Vehicles	25% on reducing balance per annum

2.5. Leasing and Hire Purchase Contracts

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 with a full charge on the year of acquisition.

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

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

2.6. Stocks and Work in Progress

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 stocks.

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Puxton Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.7. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income.

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 that have been enacted or substantively enacted by the balance sheet date.

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.

2.8. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

The average number of employees, including directors, during the year was 4 (2024: 4)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 July 2024	20,000

As at 30 June 2025	20,000

Amortisation
As at 1 July 2024	6,000
Provided during the period	2,000

As at 30 June 2025	8,000

Net Book Value
As at 30 June 2025	12,000

As at 1 July 2024	14,000

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Puxton Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 July 2024	57,707	196,014	253,721
Additions	14,938	-	14,938

As at 30 June 2025	72,645	196,014	268,659

Depreciation
As at 1 July 2024	17,956	70,540	88,496
Provided during the period	12,969	22,968	35,937

As at 30 June 2025	30,925	93,508	124,433

Net Book Value
As at 30 June 2025	41,720	102,506	144,226

As at 1 July 2024	39,751	125,474	165,225

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	85,626	106,204

6. Stocks

	2025	2024
	£	£
Stock	400,950	936,802

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	19,191	14,081

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Puxton Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	25,736	34,929
Trade creditors	28,955	14,439
Bank loans and overdrafts	5,000	9,000
Other creditors	614,154	630,750
Taxation and social security	6,192	2,338

	680,037	691,456

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	19,082	44,819
Bank loans	25,497	457,905

	44,579	502,724

10. Secured Creditors

The following secured debts are included within creditors:

	2025		2024
	£		£
Bank loans and overdrafts	-		433,980

11. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	27,938	38,731
Later than one year and not later than five years	19,950	47,888

	47,888	86,619
Less: Finance charges allocated to future periods	3,070	6,871

	44,818	79,748

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Puxton Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

12. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 July 2024	2,080	2,080
Deferred taxation	30,987	30,987

Balance at 30 June 2025	33,067	33,067

The provision for deferred taxation is made up of accelerated capital allowances.

14. Related Party Transactions

The directors, Mr & Mrs Frappell, own the company by virtue of their shareholdings.

During the year, total dividends of £Nil (2024: £4,000) were paid to the directors.

Other than movements on the directors' loan accounts with the company, there were no other advances, credits and guarantees with the directors during the accounting period.

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