REGISTERED NUMBER: 02118212 (England and Wales)

PIA TRADING LIMITED

TRADING AS

BRITANNIA BEARSBYS

Unaudited Financial Statements

For The Year Ended 31 March 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Bearsby

Mrs A K Bearsby

SECRETARY:

P Bearsby

REGISTERED OFFICE:

Unit A and B Larkfield Mill

Bellingham Way

Aylesford

Kent

ME20 6SQ

REGISTERED NUMBER:

02118212 (England and Wales)

ACCOUNTANTS:

Hilden Park Accountants Limited

Hilden Park House

79 Tonbridge Road

Hildenborough

Tonbridge

Kent

TN11 9BH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

298,598

350,657

Investments

6

10,051

10,051

308,649

360,708

CURRENT ASSETS

Debtors

209,051

148,448

Cash at bank

140,389

80,877

349,440

229,325

CREDITORS

Amounts falling due within one year

333,886

220,894

NET CURRENT ASSETS

15,554

8,431

TOTAL ASSETS LESS CURRENT LIABILITIES

324,203

369,139

CREDITORS

Amounts falling due after more than one year

(98,407

)

(141,426

)

PROVISIONS FOR LIABILITIES

(70,757

)

(63,939

)

NET ASSETS

155,039

163,774

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

154,939

163,674

155,039

163,774

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 December 2025 and were signed on its behalf by:

P Bearsby - Director

1.	STATUTORY INFORMATION

PIA Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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, net of discounts and value added tax, from the provision of surveying services provided during the period. Turnover is recognised according to the stage of completion of the contract to which it relates.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Over remaining term of lease

Plant and machinery

-

15% on reducing balance

Fixtures & fittings

-

33% straight line

Motor vehicles

-

15% 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

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 29 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

500

AMORTISATION

At 1 April 2024

and 31 March 2025

500

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

875,994

Additions

1,506

At 31 March 2025

877,500

DEPRECIATION

At 1 April 2024

525,337

Charge for year

53,565

At 31 March 2025

578,902

NET BOOK VALUE

At 31 March 2025

298,598

At 31 March 2024

350,657

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

10,051

NET BOOK VALUE

At 31 March 2025

10,051

At 31 March 2024

10,051

Investments relate to 6,093 Ordinary £1 shares in Britannia Movers Int. plc. and a £2,000 bond with the same company.

7.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

32,667

32,897

Between one and five years

96,636

129,140

129,303

162,037

Non-cancellable

operating leases

2025

2024

£

£

Within one year

160,420

78,153

Between one and five years

641,680

-

802,100

78,153

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

P Bearsby and Mrs A K Bearsby

Balance outstanding at start of year

29,210

62,073

Amounts advanced

106,549

121,077

Amounts repaid

(108,923

)

(153,940

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

26,836

29,210

9.	ULTIMATE CONTROLLING PARTY

The company was under the control of its directors.