Company Registration No: 00411795 (England and Wales)

P.W.Archer And Son Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 13

P.W.Archer And Son Limited

(Registration number: 00411795)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	3,133	3,533
Tangible assets	5	171,807	169,344
		174,940	172,877
Current assets
Stocks	6	5,317	4,385
Debtors	7	127,665	66,234
Cash at bank and in hand		11,877	34,989
		144,859	105,608
Creditors: Amounts falling due within one year	8	(126,687)	(83,699)
Net current assets		18,172	21,909
Total assets less current liabilities		193,112	194,786
Creditors: Amounts falling due after more than one year	8	(22,234)	(24,409)
Provisions for liabilities		(15,923)	(15,379)
Net assets		154,955	154,998
Capital and reserves
Called up share capital	9	550	550
Retained earnings		154,405	154,448
Shareholders' funds		154,955	154,998

P.W.Archer And Son Limited

(Registration number: 00411795)
Balance Sheet as at 31 March 2025

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 December 2025 and signed on its behalf by:
 

......................................... Mr K D Archer Director

......................................... Mr G K Archer Director

......................................... Mr P E Archer Director

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Castle Hills
Northallerton
North Yorkshire
DL7 8QP

These financial statements were authorised for issue by the Board on 22 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold Property	2% straight line
Fixtures and Fittings	15% reducing balance
Office Equipment	15% reducing balance
Motor Vehicles	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Other Intangible Assets	10% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 14 (2024 - 14).

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Goodwill  £	Other intangible assets  £	Total £
Cost or valuation
At 1 April 2024	15,000	4,000	19,000
At 31 March 2025	15,000	4,000	19,000
Amortisation
At 1 April 2024	15,000	467	15,467
Amortisation charge	-	400	400
At 31 March 2025	15,000	867	15,867
Carrying amount
At 31 March 2025	-	3,133	3,133
At 31 March 2024	-	3,533	3,533

5	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	100,000	82,014	96,860	278,874
Additions	-	25,864	-	25,864
Disposals	-	(12,113)	-	(12,113)
At 31 March 2025	100,000	95,765	96,860	292,625
Depreciation
At 1 April 2024	11,600	29,186	68,744	109,530
Charge for the year	400	9,191	7,029	16,620
Eliminated on disposal	-	(5,332)	-	(5,332)
At 31 March 2025	12,000	33,045	75,773	120,818
Carrying amount
At 31 March 2025	88,000	62,720	21,087	171,807
At 31 March 2024	88,400	52,828	28,116	169,344

Included within the net book value of land and buildings above is £88,000 (2024 - £88,400) in respect of freehold land and buildings.
 

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Stocks

	2025 £	2024 £
Other inventories	5,317	4,385

7

Debtors

Current	2025 £	2024 £
Trade debtors	117,896	43,176
Prepayments	5,912	11,286
Other debtors	3,857	11,772
	127,665	66,234

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	44,624	13,632
Trade creditors		21,784	19,703
Taxation and social security		41,436	28,979
Accruals and deferred income		10,532	7,183
Other creditors		8,311	14,202
		126,687	83,699

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	10,210	19,962
Deferred income		12,024	4,447
		22,234	24,409

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	350	350	350	350
Ordinary B of £1 each	100	100	100	100
Ordinary C of £1 each	100	100	100	100
	550	550	550	550

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,065	7,342
Other borrowings	4,167	3,243
HP and finance lease liability 1 (over 1 yr)	4,978	9,377
	10,210	19,962

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	6,276	6,122
Bank overdrafts	27,504	-
Other borrowings	6,577	3,243
HP and finance lease liability 1 (under 1yr)	4,267	4,267
	44,624	13,632

Other borrowings

The bank borrowing is denominated in £ with a nominal interest rate of 2.50%, and the final instalment is due on 16 May 2026. The carrying amount at year end is £7,342 (2024 - £13,464). Security for the loan is a debenture held by HSBC UK Bank PLC.

11	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil (2024 - £225). The total relates to total future minimum operating lease payments.

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

12	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
During the year, the company made loans to the Directors. No interest was charged on the loans.	(14,202)	52,164	(43,883)	(5,920)

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
During the year, the company made loans to the Directors. No interest was charged on the loans.	(13,859)	41,066	(41,408)	(14,202)

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

13	Transition to FRS 102

Balance Sheet at 1 April 2023
 

	As originally reported £	Reclassification £	Remeasurement £	As restated £
Fixed assets
Intangible assets	3,933	-	-	3,933
Tangible assets	173,677	-	-	173,677
	177,610	-	-	177,610
Current assets
Stocks	6,812	-	-	6,812
Debtors	62,817	-	-	62,817
Cash at bank and in hand	47,020	-	-	47,020
	116,649	-	-	116,649
Creditors: Amounts falling due within one year	(79,361)	-	-	(79,361)
Net current assets	37,288	-	-	37,288
Total assets less current liabilities	214,898	-	-	214,898
Creditors: Amounts falling due after more than one year	(35,242)	-	-	(35,242)
Provisions for liabilities	-	-	(16,126)	(16,126)
Net assets/(liabilities)	179,656	-	(16,126)	163,530
Capital and reserves
Called up share capital	550	-	-	550
Retained earnings	179,106	-	(16,126)	162,980
Total equity	179,656	-	(16,126)	163,530

P.W.Archer And Son Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Balance Sheet at 31 March 2024
 

	As originally reported £	Reclassification £	Remeasurement £	As restated £
Fixed assets
Intangible assets	3,533	-	-	3,533
Tangible assets	169,344	-	-	169,344
	172,877	-	-	172,877
Current assets
Stocks	4,385	-	-	4,385
Debtors	66,235	-	(1)	66,234
Cash at bank and in hand	34,989	-	-	34,989
	105,609	-	(1)	105,608
Creditors: Amounts falling due within one year	(83,699)	-	-	(83,699)
Net current assets/(liabilities)	21,910	-	(1)	21,909
Total assets less current liabilities	194,787	-	(1)	194,786
Creditors: Amounts falling due after more than one year	(24,409)	-	-	(24,409)
Provisions for liabilities	-	-	(15,379)	(15,379)
Net assets/(liabilities)	170,378	-	(15,380)	154,998
Capital and reserves
Called up share capital	550	-	-	550
Retained earnings	169,828	-	(15,380)	154,448
Total equity	170,378	-	(15,380)	154,998