REGISTERED NUMBER: 04551251 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Pilgrim Refrigeration Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr Mark Steven Pilgrim

Mrs Claire Pilgrim

Mr David Joseph Upton

SECRETARY:

Mr Mark Steven Pilgrim

REGISTERED OFFICE:

Unit C2

Salcombe Road

Meadow Lane Industrial Estate

Alfreton

Derbyshire

DE55 7RG

REGISTERED NUMBER:

04551251 (England and Wales)

ACCOUNTANTS:

Pedley & Co.

82 Nottingham Road

Somercotes

Alfreton

Derbyshire

DE55 4LY

FIXED ASSETS

Tangible assets

4

90,599

92,781

CURRENT ASSETS

Stocks

8,500

8,500

Debtors

5

393,559

319,704

Cash at bank and in hand

114,508

140,627

516,567

468,831

CREDITORS

Amounts falling due within one year

6

244,481

193,378

NET CURRENT ASSETS

272,086

275,453

TOTAL ASSETS LESS CURRENT LIABILITIES

362,685

368,234

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

362,583

368,132

SHAREHOLDERS' FUNDS

362,685

368,234

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 directors acknowledge their 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 Board of Directors and authorised for issue on 4 August 2025 and were signed on its behalf by:

Mr Mark Steven Pilgrim - Director

1.	STATUTORY INFORMATION

Pilgrim Refrigeration Services 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.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

12,319

22,096

168,476

202,891

Additions

-

1,326

24,190

25,516

At 31 March 2025

12,319

23,422

192,666

228,407

DEPRECIATION

At 1 April 2024

10,495

14,906

84,709

110,110

Charge for year

182

1,277

26,239

27,698

At 31 March 2025

10,677

16,183

110,948

137,808

NET BOOK VALUE

At 31 March 2025

1,642

7,239

81,718

90,599

At 31 March 2024

1,824

7,190

83,767

92,781

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

392,040

309,123

Other debtors

1,519

10,581

393,559

319,704

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,930

2,361

Trade creditors

115,368

104,310

Taxation and social security

124,336

82,853

Other creditors

1,847

3,854

244,481

193,378