REGISTERED NUMBER: 00760877 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PETER COATES (ALREWAS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Coates

SECRETARY:

A J Coates

REGISTERED OFFICE:

100 Main Street

Alrewas

Burton On Trent

Staffordshire

DE13 7AE

REGISTERED NUMBER:

00760877 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

4

198,961

185,163

CURRENT ASSETS

Stocks

29,001

35,082

Debtors

5

107,239

128,330

Cash at bank and in hand

90,267

67,786

226,507

231,198

CREDITORS

Amounts falling due within one year

6

250,492

289,096

NET CURRENT LIABILITIES

(23,985

)

(57,898

)

TOTAL ASSETS LESS CURRENT LIABILITIES

174,976

127,265

CREDITORS

Amounts falling due after more than one year

7

(56,257

)

(46,003

)

PROVISIONS FOR LIABILITIES

(11,000

)

(6,500

)

ACCRUALS AND DEFERRED INCOME

(8,950

)

(9,994

)

NET ASSETS

98,769

64,768

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

97,769

63,768

SHAREHOLDERS' FUNDS

98,769

64,768

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 director acknowledges his 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2025 and were signed by:

A J Coates - Director

1.	STATUTORY INFORMATION

Peter Coates (Alrewas) 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.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover

Turnover represents revenue recognised by the company in respect of goods supplied during the period, excluding value added tax.

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.

Freehold property

-

0% - 2% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% 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 Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that 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.

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.

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter lease term and their useful lives. Obligations under such agreements are included in 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.

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.

Government grants

Grants are credited to deferred revenue. Grants towards the capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants toward revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

3.

EMPLOYEES

The average number of employees during the year was 24 (2024 - 33 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Short

and

Motor

property

leasehold

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

209,957

50,568

810,860

114,100

1,185,485

Additions

-

-

11,095

33,495

44,590

Disposals

-

-

(11,364

)

(46,780

)

(58,144

)

At 31 March 2025

209,957

50,568

810,591

100,815

1,171,931

DEPRECIATION

At 1 April 2024

88,212

47,810

773,484

90,816

1,000,322

Charge for year

4,199

414

16,903

8,393

29,909

Eliminated on disposal

-

-

(11,364

)

(45,897

)

(57,261

)

At 31 March 2025

92,411

48,224

779,023

53,312

972,970

NET BOOK VALUE

At 31 March 2025

117,546

2,344

31,568

47,503

198,961

At 31 March 2024

121,745

2,758

37,376

23,284

185,163

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

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

28,455

26,300

54,755

Additions

-

33,495

33,495

At 31 March 2025

28,455

59,795

88,250

DEPRECIATION

At 1 April 2024

15,472

15,065

30,537

Charge for year

4,849

5,600

10,449

At 31 March 2025

20,321

20,665

40,986

NET BOOK VALUE

At 31 March 2025

8,134

39,130

47,264

At 31 March 2024

12,983

11,235

24,218

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,677

8,949

Other debtors

101,562

119,381

107,239

128,330

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts and finance leases

11,554

5,988

Trade creditors

206,474

226,986

Taxation and social security

16,078

8,644

Other creditors

16,386

47,478

250,492

289,096

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts and finance leases

28,946

11,836

Other creditors

27,311

34,167

56,257

46,003

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts and finance leases

40,500

17,824

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The directors have a loan account with the company. At the year end the amount due from the director was £63,471 (2024 - £88,807).