REGISTERED NUMBER: 07400976 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

PTR Design & Build Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs F Rickard

REGISTERED OFFICE:

69 Lindrosa Road

Sutton Coldfield

West Midlands

B74 3LB

REGISTERED NUMBER:

07400976 (England and Wales)

ACCOUNTANTS:

Blythe Phillips

8/9 Earls Way

Halesowen

West Midlands

B63 3HR

FIXED ASSETS

Tangible assets

4

64,620

97,583

CURRENT ASSETS

Stocks

34,124

72,364

Debtors

5

36,160

33,572

Cash at bank and in hand

31

11,591

70,315

117,527

CREDITORS

Amounts falling due within one year

6

137,328

139,381

NET CURRENT LIABILITIES

(67,013

)

(21,854

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,393

)

75,729

CREDITORS

Amounts falling due after more than one year

7

(32,602

)

(37,639

)

PROVISIONS FOR LIABILITIES

(16,155

)

(18,541

)

NET (LIABILITIES)/ASSETS

(51,150

)

19,549

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(51,250

)

19,449

SHAREHOLDERS' FUNDS

(51,150

)

19,549

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 director acknowledges her 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 director and authorised for issue on 28 November 2025 and were signed by:

Mrs F Rickard - Director

1.	STATUTORY INFORMATION

PTR Design & Build 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.

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

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

202,295

Disposals

(30,600

)

At 31 March 2025

171,695

DEPRECIATION

At 1 April 2024

104,712

Charge for year

21,541

Eliminated on disposal

(19,178

)

At 31 March 2025

107,075

NET BOOK VALUE

At 31 March 2025

64,620

At 31 March 2024

97,583

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

108,739

Disposals

(16,500

)

At 31 March 2025

92,239

DEPRECIATION

At 1 April 2024

45,298

Charge for year

14,120

Eliminated on disposal

(9,539

)

At 31 March 2025

49,879

NET BOOK VALUE

At 31 March 2025

42,360

At 31 March 2024

63,441

5.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

23,855

23,163

Other debtors

6,855

2,409

30,710

25,572

Amounts falling due after more than one year:

Other debtors

5,450

8,000

Aggregate amounts

36,160

33,572

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

36,887

12,821

Hire purchase contracts

5,037

14,714

Trade creditors

37,963

22,332

Taxation and social security

32,601

57,339

Other creditors

24,840

32,175

137,328

139,381

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

32,602

37,639