Accounts



















	PD PLASTERING LIMITED



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 MARCH 2025

	PD PLASTERING LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025


	DIRECTORS

	Mr P Doherty
	Ms C.Whitehouse


	SECRETARY

	C.Whitehouse

	REGISTERED OFFICE

	25 Park Street West Luton Beds LUI 3BE


	COMPANY REGISTERED NUMBER

	04252372


	BANKERS

	Barclays Bank Plc


	ACCOUNTANTS

	Haartwells
	Chartered Certified Accountants
	25 Park Street West Luton Bedfordshire LU1 3BE

	page 1

	PD PLASTERING LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025




	CONTENTS

	Pages


	3-4	Statement of Financial Position


	5-8	Notes to the Financial Statements

	page 2

PD PLASTERING LIMITED
Company registered number: 04252372
STATEMENT OF FINANCIAL POSITION AT 31 March 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Intangible assets	3		45,000	45,000
Plant and equipment	4		19,665	25,900
			64,665	70,900
CURRENT ASSETS
Debtors	5	103,031		107,347
		103,031		107,347
CREDITORS: Amounts falling due within one year	6	53,738		70,577
NET CURRENT ASSETS			49,293	36,770
TOTAL ASSETS LESS CURRENT LIABILITIES			113,958	107,670

CREDITORS: Amounts falling due after more than one year	7		(2,189)	(7,894)
NET ASSETS			£111,769	£99,776

CAPITAL AND RESERVES
Called up share capital			100	100
Retained earnings			111,669	99,676
SHAREHOLDERS' FUNDS			£111,769	£99,776

	The notes on pages 5-8 form part of these financial statements

	page 3

PD PLASTERING LIMITED
Company registered number: 04252372
STATEMENT OF FINANCIAL POSITION AT 31 March 2025 (CONT.)

	Note	2025		2024
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	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: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

	In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

	The financial statements were approved and authorised for issue by the board of directors on 02 December 2025

	Signed on behalf of the board of directors



	Ms C.Whitehouse, Director

	The notes on pages 5-8 form part of these financial statements

	page 4



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	PD Plastering Limited is a Private limited company incorporated in England and Wales.

	The company's registered number and registered office address can be found on the Company Information page.

	These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 April 2024.

	The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

	Basis of accounting


	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Taxation


	Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


1e.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Plant and machinery	Reducing balance 25%
	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%


1f.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.

	The notes on pages 5-8 form part of these financial statements

	page 5



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1g.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2025	2024

	Management and administration	1	1
	Production and sales	1	1
		2	2

	The notes on pages 5-8 form part of these financial statements

	page 6


4.	PROPERTY, PLANT AND EQUIPMENT
		Plant &	Fixtures &
		Machinery	Equipment	Total
		£	£	£
	Cost

	At 1 April 2024	143,883	16,548	160,431

	At 31 March 2025	143,883	16,548	160,431

	Depreciation

	At 1 April 2024	120,383	14,148	134,531
	For the year	5,875	360	6,235
	At 31 March 2025	126,258	14,508	140,766

	Net Book Amounts

	At 31 March 2025	17,625	2,040	19,665
	At 31 March 2024	23,500	2,400	25,900



5.	DEBTORS	2025	2024
		£	£
	Trade debtors	14,746	14,530
	Other Debtors	83,750	90,750
	Social security and other taxes	4,535	2,067
		£103,031	£107,347



6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Bank loans and overdrafts	11,163	20,607
	Trade creditors	12,032	3,321
	Corporation tax	12,938	21,144
	Other taxes and social security	3,160	2,860
	Other creditors	11,945	15,145
	Accruals and deferred income	2,500	7,500
		£53,738	£70,577

	The notes on pages 5-8 form part of these financial statements

	page 7



7.	CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
		2025	2024
		£	£
	Bank loans and overdrafts	2,189	7,894
		£2,189	£7,894



	Analysis of borrowings:

	Due within five years:
	within 1 year
	bank	6,433	6,433
	within 2-5 years
	bank	2,189	7,894
		£8,622	£14,327

	The notes on pages 5-8 form part of these financial statements

	page 8