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Registered number: 12529903
PF Fireplaces and Chimney Sweeping Ltd
ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 12529903
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,900 13,634
15,900 13,634
CURRENT ASSETS
Stocks 1,254 1,140
Debtors 5,109 1,905
Cash at bank and in hand 4,865 6,340
11,228 9,385
Creditors: Amounts Falling Due Within One Year (11,977 ) (13,562 )
NET CURRENT ASSETS (LIABILITIES) (749 ) (4,177 )
TOTAL ASSETS LESS CURRENT LIABILITIES 15,151 9,457
Creditors: Amounts Falling Due After More Than One Year (12,667 ) (6,645 )
NET ASSETS 2,484 2,812
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 2,384 2,712
SHAREHOLDERS' FUNDS 2,484 2,812
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Paul Fiddes
Director
15th December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Abridged Financial Statements
1. General Information
PF Fireplaces and Chimney Sweeping Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12529903 . The registered office is 20 Brookside Road, Breadsall Village, Derby, Derbyshire, DE21 5LF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 15% reducing balance
Motor Vehicles 20% reducing balance
Computer Equipment 33% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.6. 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.

...CONTINUED
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2.6. Taxation - continued
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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 April 2024 26,184
Additions 18,715
Disposals (24,240 )
As at 31 March 2025 20,659
Depreciation
As at 1 April 2024 12,550
Provided during the period 4,038
Disposals (11,829 )
As at 31 March 2025 4,759
Net Book Value
As at 31 March 2025 15,900
As at 1 April 2024 13,634
5. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 5,129
Later than one year and not later than five years - 8,548
- 13,677
Less: Finance charges allocated to future periods - 3,045
- 10,632
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6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5