| P & P CLARKE LIMITED |
| Registered number: |
10676335 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
406,847 |
|
|
406,847 |
|
| Current assets |
| Debtors |
4 |
|
1,153 |
|
|
1,153 |
| Cash at bank and in hand |
|
|
1,898 |
|
|
886 |
|
|
|
3,051 |
|
|
2,039 |
|
| Creditors: amounts falling due within one year |
5 |
|
(150,511) |
|
|
(149,076) |
|
| Net current liabilities |
|
|
|
(147,460) |
|
|
(147,037) |
|
| Total assets less current liabilities |
|
|
|
259,387 |
|
|
259,810 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(280,000) |
|
|
(280,000) |
|
|
|
| Net liabilities |
|
|
|
(20,613) |
|
|
(20,190) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(20,615) |
|
|
(20,192) |
|
| Shareholders' funds |
|
|
|
(20,613) |
|
|
(20,190) |
|
|
|
|
|
|
|
|
| The directors are 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 directors acknowledge their 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. |
|
|
|
|
| Peter Andrew David Clarke |
| Director |
| Approved by the board on 31 December 2025 |
|
| P & P CLARKE 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). |
|
|
P & P CLARKE LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
69 Loughborough Road |
|
West Bridgford |
|
Nottingham |
|
NG2 7LA |
|
|
Turnover |
|
Turnover relates to rents received. |
|
|
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: |
|
|
Freehold land and buildings |
No depreciation is provided |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 April 2024 |
406,847 |
|
At 31 March 2025 |
406,847 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
406,847 |
|
At 31 March 2024 |
406,847 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
1,153 |
|
1,153 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
285 |
|
1,886 |
|
Directors Loan Account |
146,201 |
|
146,201 |
|
Other creditors |
4,025 |
|
989 |
|
|
|
|
|
|
150,511 |
|
149,076 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
280,000 |
|
280,000 |
|
|
|
|
|
|
|
|
|
|
The loan is interest only and is secured by way of a fixed charge on the freehold property. |
|
|
Secured bank loans |
280,000 |
|
280,000 |
|
|
|
|
|
|
|
|
|