REGISTERED NUMBER: 04721539 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Putterills of Hertfordshire (Stevenage)

Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs T K Kosmalski

Mr R Stokes

Mrs G V Anderson

REGISTERED OFFICE:

Lewis House

Great Chesterford Court

Great Chesterford

Essex

CB10 1PF

REGISTERED NUMBER:

04721539 (England and Wales)

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

4,062

5,414

4,062

5,414

CURRENT ASSETS

Debtors

7

69,756

77,697

Cash at bank and in hand

349

3,070

70,105

80,767

CREDITORS

Amounts falling due within one year

8

73,223

63,714

NET CURRENT (LIABILITIES)/ASSETS

(3,118

)

17,053

TOTAL ASSETS LESS CURRENT LIABILITIES

944

22,467

CREDITORS

Amounts falling due after more than one year

9

-

(9,644

)

PROVISIONS FOR LIABILITIES

(920

)

(1,029

)

NET ASSETS

24

11,794

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

20

11,790

SHAREHOLDERS' FUNDS

24

11,794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 8 January 2026 and were signed on its behalf by:

Mrs T K Kosmalski - Director

Mr R Stokes - Director

1.	STATUTORY INFORMATION

Putterills of Hertfordshire (Stevenage) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

15,000

AMORTISATION

At 1 July 2024

and 30 June 2025

15,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

47,905

DEPRECIATION

At 1 July 2024

42,491

Charge for year

1,352

At 30 June 2025

43,843

NET BOOK VALUE

At 30 June 2025

4,062

At 30 June 2024

5,414

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

23,478

23,604

Other debtors

46,278

54,093

69,756

77,697

Other debtors disclosed above consist of prepaid expenses of £873 (2024 - £1,245), taxes receivable of £nil (2024 - £1,191), a director's loan account balance of £1,739 (2024 - £nil), and an intercompany loan account balance of £43,666 (2024 - £51,657).

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

26,869

14,209

Trade creditors

23,342

21,959

Taxation and social security

13,609

17,605

Other creditors

9,403

9,941

73,223

63,714

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

9,644

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

29,000

-

Between one and five years

244,083

-

273,083

-

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

17,225

3,933

On 17 June 2003, National Westminster Bank PLC secured fixed and floating charges over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures and fixed plant and machinery.

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company continued to provide an interest-bearing loan to its director. Amounts advanced to the director totalled £53,129 (2024 - £51,243), amounts repaid to the company totalled £51,492 (2024 - £51,772) and interest charged on the loan at a rate of 5.8% (2024 - 3.3%) totalled £112 (2024 - £577). The balance owed to the company at the year end totalled £1,739 (2024 - balance owed to the director £10) and is repayable on demand.