PRITCHARD DAVIES HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
Company Registration Number: 09558623

PRITCHARD DAVIES HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
CONTENTS | PAGES
Company information | 1
Balance sheet | 2
Notes to the financial statements |  |  |  |  |  | 3 to 6

PRITCHARD DAVIES HOLDINGS LIMITED
COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTOR
S J Davies
SECRETARY
The company does not have an appointed secretary
REGISTERED OFFICE
Unit 15, White Horse Business Park
Stanford in the Vale
Oxfordshire
SN7 8NY
COMPANY REGISTRATION NUMBER
09558623 England and Wales

PRITCHARD DAVIES HOLDINGS LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
|  |  | Notes |  | 2025 |  |  |  | 2024
|  |  |  |  | £ |  |  |  | £
FIXED ASSETS
Investments | 5 |  |  |  | 845,100 |  |  |  | 845,100
CURRENT ASSETS
Debtors | 6 |  | - |  |  |  | 7,813
CREDITORS: Amounts falling due within one year | 7 |  | 844,787 |  |  |  | 852,551
NET CURRENT LIABILITIES | (844,787) |  |  |  | (844,738)
NET ASSETS | 313 |  |  |  | 362
CAPITAL AND RESERVES
Called up share capital | 100 |  |  |  | 100
Distributable profit and loss account | 213 |  |  |  | 262
SHAREHOLDERS' FUNDS | 313 |  |  |  | 362
These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.
Signed on behalf of the board
S J Davies
Director
Date approved by the board: 13 October 2025

PRITCHARD DAVIES HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1 | GENERAL INFORMATION
| Pritchard Davies Holdings Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:
| Unit 15, White Horse Business Park
| Stanford in the Vale
| Oxfordshire
| SN7 8NY
| The financial statements are presented in Sterling, which is the functional currency of the company.
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
| Basis of preparation of financial statements
| These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.
| Going concern

| The accounts have been drawn up on the going concern basis. The company owes its subsidiary £843,187, which could be required for repayment without notice. The company is therefore dependent upon the continued support of the subsidiary. The director does not consider the support of the subsidiary likely to be withdrawn.
| If the going concern basis was not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amounts, to provide for additional liabilities that might arise and to reclassify fixed assets as current assets.

| Investments

| Investments in subsidiaries are shown at cost less accumulated impairment losses.

PRITCHARD DAVIES HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Financial Instruments
| A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
| Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.
| Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.
| Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

| Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.

| Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.
| Debtors

| Short term debtors are measured at transaction price, less any impairment.

| Creditors
| Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

PRITCHARD DAVIES HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)
| Taxation
| Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.
| Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

| Current and deferred tax assets and liabilities are not discounted.
| Consolidation
| The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group. The company has therefore taken advantage of the option provided by section 399 of the Companies Act 2006 not to prepare group accounts.
3 | CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

| No significant accounting estimates and judgements have had to be made by the director in preparing these financial statements.

4 | EMPLOYEES
| The average number of persons employed by the company (including the director) during the year was:
|  |  |  |  |  |  |  |  | 2025 |  | 2024
| Average number of employees | 1 |  | 1

PRITCHARD DAVIES HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
5 | FIXED ASSET INVESTMENTS
|  |  |  |  |  |  |  |  |  |  | Investment in subsidiary
|  |  |  |  |  |  |  |  |  |  | £
| Cost
| At 1 April 2024 | 845,100
| At 31 March 2025 | 845,100
| Net book value
| At 1 April 2024 | 845,100
| At 31 March 2025 | 845,100
6 | DEBTORS
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Other debtors | - |  | 7,813
7 | CREDITORS: Amounts falling due within one year
|  |  |  |  |  |  |  |  | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Accruals and deferred income | 1,600 |  | 1,600
| Other creditors | 843,187 |  | 850,951
|  |  |  |  |  |  |  |  | 844,787 |  | 852,551
8 | SECURED DEBTS
| The shareholders' loan, included in other creditors, is secured on the assets of the company's subsidiary, P. Pritchard Sheet Metal Limited.
9 | RELATED PARTY TRANSACTIONS
| The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:
| P. Pritchard Sheet Metal Limited | Subsidiary undertaking
| During the year, the following transactions with related parties took place:
| P and S Pritchard
| Shareholders | 2025 |  | 2024
|  |  |  |  |  |  |  |  | £ |  | £
| Amount owed by shareholders |  |  |  | - |  | 7,813

Pritchard Davies Holdings Limited 09558623 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts (tagged by user) July 2024 true true No description of principal activity 09558623 2023-04-01 2024-03-31 09558623 core:WithinOneYear 2024-03-31 09558623 core:ShareCapital 2024-03-31 09558623 core:RetainedEarningsAccumulatedLosses 2024-03-31 09558623 core:CurrentFinancialInstruments 2024-03-31 09558623 core:OtherRelatedParties 2024-03-31 09558623 2024-04-01 2025-03-31 09558623 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09558623 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09558623 bus:Director1 2024-04-01 2025-03-31 09558623 bus:RegisteredOffice 2024-04-01 2025-03-31 09558623 1 2024-04-01 2025-03-31 09558623 core:Subsidiary1 2024-04-01 2025-03-31 09558623 core:OtherRelatedParties 2024-04-01 2025-03-31 09558623 bus:FRS102 2024-04-01 2025-03-31 09558623 bus:FilletedAccounts 2024-04-01 2025-03-31 09558623 2025-03-31 09558623 core:WithinOneYear 2025-03-31 09558623 core:ShareCapital 2025-03-31 09558623 core:RetainedEarningsAccumulatedLosses 2025-03-31 09558623 core:CurrentFinancialInstruments 2025-03-31 09558623 core:OtherRelatedParties 2025-03-31 09558623 2024-03-31 09558623 core:CostValuation 2024-03-31 iso4217:GBP xbrli:pure