| Pocock and Shaw Mildenhall Limited |
| Registered number: |
04357503 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
3,944 |
|
|
5,275 |
|
| Current assets |
| Debtors |
5 |
|
80,833 |
|
|
64,194 |
| Cash at bank and in hand |
|
|
95,133 |
|
|
102,176 |
|
|
|
175,966 |
|
|
166,370 |
|
| Creditors: amounts falling due within one year |
6 |
|
(105,946) |
|
|
(99,438) |
|
| Net current assets |
|
|
|
70,020 |
|
|
66,932 |
|
| Total assets less current liabilities |
|
|
|
73,964 |
|
|
72,207 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(2,438) |
|
|
(13,000) |
|
| Net assets |
|
|
|
71,526 |
|
|
59,207 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
71,426 |
|
|
59,107 |
|
| Shareholders' funds |
|
|
|
71,526 |
|
|
59,207 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
| Mr PB Saunders |
| Director |
| Approved by the board on 18 December 2025 |
|
| Pocock and Shaw Mildenhall Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings and equipment |
33.3% and 15% on reducing balance or cost |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Leased assets |
|
Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
Cash and cash equivalents |
|
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. |
|
|
Loans and borrowings |
|
Loans and borrowings are intially recognised at the transaction price adjusted for transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
10 |
|
11 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 April 2024 |
144,000 |
|
At 31 March 2025 |
144,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2024 |
144,000 |
|
At 31 March 2025 |
144,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
- |
|
At 31 March 2024 |
- |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fixtures, fittings & equipment |
| £ |
|
Cost |
|
At 1 April 2024 |
13,712 |
|
Disposals |
(1,920) |
|
At 31 March 2025 |
11,792 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
8,437 |
|
Charge for the year |
1,239 |
|
On disposals |
(1,828) |
|
At 31 March 2025 |
7,848 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
3,944 |
|
At 31 March 2024 |
5,275 |
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
2,265 |
|
1,419 |
|
Other debtors |
78,568 |
|
62,775 |
|
|
|
|
|
|
80,833 |
|
64,194 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
9,750 |
|
9,750 |
|
Trade creditors |
7,066 |
|
5,141 |
|
Taxation and social security costs |
39,799 |
|
32,602 |
|
Other creditors |
49,331 |
|
51,945 |
|
|
|
|
|
|
105,946 |
|
99,438 |
|
|
|
|
|
|
|
|
|
|
The bank loan is unsecured. |
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
2,438 |
|
13,000 |
|
|
|
|
|
|
|
|
|
|
The bank loan is unsecured. |
|
|
| 8 |
Other financial commitments |
2025 |
|
2024 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
38,322 |
|
28,055 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Pocock and Shaw Mildenhall Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
2 Wellington Street |
|
Newmarket |
|
Suffolk |
|
CB8 0HT |