Paul Andrew Property and Relocation Limi - Accounts to registrar (filleted)

REGISTERED NUMBER: 03569450 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PAUL ANDREW PROPERTY AND RELOCATION

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P A Andrew

Mrs S A Hatton

Mrs N J Norman

REGISTERED OFFICE:

Unit 1 Guest House Farm

Runshaw Lane

Euxton

Chorley

Lancashire

PR7 6HD

REGISTERED NUMBER:

03569450 (England and Wales)

ACCOUNTANTS:

RfM Preston Ltd

Chartered Accountants

Unit 1, Guest House Farm

Runshaw Lane

Euxton

Chorley

Lancashire

PR7 6HD

FIXED ASSETS

Tangible assets

4

280,760

314,526

CURRENT ASSETS

Debtors

5

1,934,419

1,386,948

Cash at bank

378,708

335,085

2,313,127

1,722,033

CREDITORS

Amounts falling due within one year

6

967,520

1,047,951

NET CURRENT ASSETS

1,345,607

674,082

TOTAL ASSETS LESS CURRENT LIABILITIES

1,626,367

988,608

CREDITORS

Amounts falling due after more than one
year

7

(34,657

)

(52,891

)

PROVISIONS FOR LIABILITIES

(8,392

)

-

NET ASSETS

1,583,318

935,717

CAPITAL AND RESERVES

Called up share capital

4

Retained earnings

1,583,314

935,713

SHAREHOLDERS' FUNDS

1,583,318

935,717

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 23 December 2025 and were signed on its behalf by:

Mr P A Andrew - Director

1.	STATUTORY INFORMATION

Paul Andrew Property and Relocation 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Turnover from the sale of goods and services is recognised when significant risks and rewards of ownership of goods and services have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that economic benefits associated with the transaction will flow to the company and the costs to be incurred in respect of the transaction can be measured reliably.

TANGIBLE FIXED ASSETS

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful life as follows:

Asset Class

Depreciation Method

Plant and machinery

20% straight line basis

Office equipment

33% straight line basis

Motor vehicles

20% straight line basis

Freehold property 5% straight line basis

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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Office

property

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2024

232,147

14,975

138,568

9,896

395,586

Additions

-

1,969

At 31 March 2025

232,147

14,975

138,568

11,865

397,555

DEPRECIATION

At 1 April 2024

-

14,601

59,839

6,620

81,060

Charge for year

11,607

374

21,489

2,265

35,735

At 31 March 2025

11,607

14,975

81,328

8,885

116,795

NET BOOK VALUE

At 31 March 2025

220,540

-

57,240

2,980

280,760

At 31 March 2024

232,147

374

78,729

3,276

314,526

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

686,258

494,543

Amounts owed by group undertakings

728,882

447,198

Directors' current accounts

173,683

153,904

Prepayments and accrued income

345,596

291,303

1,934,419

1,386,948

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

10,000

Hire purchase contracts

8,234

15,817

Trade creditors

89,425

243,982

Social security and other taxes

306,817

275,200

Other creditors

115,512

166,848

Accruals and deferred income

437,532

336,104

967,520

1,047,951

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans- more than 1 year

9,167

19,167

Hire purchase contracts

25,490

33,724

34,657

52,891

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

19,167

29,167

Hire purchase contracts

33,724

49,541

52,891

78,708

9.	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

£

Mr P A Andrew

Balance outstanding at start of year

810

14,775

Amounts advanced

24,171

17,800

Amounts repaid

(20,055

)

(31,765

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,926

810

Mrs N J Norman

Balance outstanding at start of year

94,716

72,918

Amounts advanced

70,455

65,298

Amounts repaid

(50,000

)

(43,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

115,171

94,716

Mrs S A Hatton

Balance outstanding at start of year

58,378

64,708

Amounts advanced

35,208

52,047

Amounts repaid

(40,000

)

(58,377

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

53,586

58,378

No interest is charged.

10.	PARENT COMPANY

The parent company is PSN Group Ltd, Unit 1 Guest House Farm, Runshaw Lane, Euxton, Chorley, Lancashire, PR7 6HD