REGISTERED NUMBER: 07694306 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

P & R SERVICES (LONDON) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Peters

S M Sales

REGISTERED OFFICE:

Orchard House

Pond Approach

Holmer Green

Buckinghamshire

HP15 6RH

REGISTERED NUMBER:

07694306 (England and Wales)

ACCOUNTANTS:

Diverset Limited

Chartered Accountants

Ferrari House

258 Field End Road

Ruislip

Middlesex

HA4 9UU

FIXED ASSETS

Tangible assets

4

66,283

88,401

CURRENT ASSETS

Debtors

5

23,902

27,436

Cash at bank

1,377

16,473

25,279

43,909

CREDITORS

Amounts falling due within one year

6

90,134

112,971

NET CURRENT LIABILITIES

(64,855

)

(69,062

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,428

19,339

CREDITORS

Amounts falling due after more than one year

7

12,716

29,999

NET LIABILITIES

(11,288

)

(10,660

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(11,290

)

(10,662

)

SHAREHOLDERS' FUNDS

(11,288

)

(10,660

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 28 October 2025 and were signed on its behalf by:

P Peters - Director

1.	STATUTORY INFORMATION

P & R Services (London) Ltd 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.

The company has been affected by fluctuations in the building trade. The Directors consider that the company is a going concern based upon their continued financial support.

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

214,548

782

13,500

228,830

DEPRECIATION

At 1 August 2024

130,443

757

9,229

140,429

Charge for year

21,026

25

1,067

22,118

At 31 July 2025

151,469

782

10,296

162,547

NET BOOK VALUE

At 31 July 2025

63,079

-

3,204

66,283

At 31 July 2024

84,105

25

4,271

88,401

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 August 2024

and 31 July 2025

202,050

DEPRECIATION

At 1 August 2024

119,622

Charge for year

20,607

At 31 July 2025

140,229

NET BOOK VALUE

At 31 July 2025

61,821

At 31 July 2024

82,428

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,210

6,854

Other debtors

20,692

20,582

23,902

27,436

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

17,283

19,659

Trade creditors

2,621

3,123

Taxation and social security

3,201

5,056

Other creditors

67,029

85,133

90,134

112,971

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

12,716

29,999

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

29,999

49,658

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

P Peters

Balance outstanding at start of year

(74,032

)

(90,036

)

Amounts advanced

45,801

57,000

Amounts repaid

(27,333

)

(40,996

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(55,564

)

(74,032

)

10.	CONTROLLING PARTY

The controlling party is P Peters.

The ultimate controlling party is P Peters.