| Registered number: 09108520 | ||||||||
| FOR THE YEAR ENDED 30 JUNE 2025 | ||||||||
| Prepared By: | ||||||||
| Greywalls Accountants Limited | ||||||||
| 13 Isis Lake | ||||||||
| Spine Road | ||||||||
| South Cerney | ||||||||
| Gloucestershire | ||||||||
| GL7 5LT | ||||||||
| Painting and Decorating Contractors Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 30 JUNE 2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| Wiltshire | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 09108520 | ||||||||
| ACCOUNTANTS | ||||||||
| Greywalls Accountants Limited | ||||||||
| 13 Isis Lake | ||||||||
| Spine Road | ||||||||
| South Cerney | ||||||||
| Gloucestershire | ||||||||
| GL7 5LT | ||||||||
| Painting and Decorating Contractors Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED30 JUNE 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Painting and Decorating Contractors Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 2 | |||||||||
| CURRENT ASSETS | ||||||||||
| Debtors | 3 | |||||||||
| Cash at bank and in hand | ||||||||||
| 103,539 | 139,935 | |||||||||
| CREDITORS: Amounts falling due within one year | 4 | |||||||||
| NET CURRENT (LIABILITIES) / ASSETS | ( | 9,617 | ||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 1,561 | 12,768 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Painting and Decorating Contractors Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 30 JUNE 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. | ||||||||
| Depreciation is provided on the following basis: - | ||||||||
| Motor Cars | reducing balance25% | |||||||
| 1c. Basis Of Accounting FRS 1021 a | ||||||||
| The accounts have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in UK and the Republic of Ireland and the Companies House 2006. | ||||||||
| 1d. Taxation | ||||||||
| The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date. | ||||||||
| Deferred tax balances are recognised in respect of all timing differences that have originated but not reveresed by the balance sheet date, expect that; the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. | ||||||||
| Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. | ||||||||
| Painting and Decorating Contractors Limited | ||||||||
| 1e. Turnover | ||||||||
| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised: | ||||||||
| Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied; | ||||||||
| - the amount of turnover can be measure reliably; it is probable that the Company will receive the consideration due under the contract; the stage of completion of the contract at the end of the reporting period can be measured reliably; and the costs incurred and the costs to complete the contract can be measured reliably. | ||||||||
| 2. TANGIBLE FIXED ASSETS | ||||
| Motor Cars | Total | |||
| £ | £ | |||
| Cost | ||||
| At 1 July 2024 | 6,566 | 6,566 | ||
| Additions | 19,200 | 19,200 | ||
| Disposals | (3,167) | (3,167) | ||
| At 30 June 2025 | 22,599 | 22,599 | ||
| Depreciation | ||||
| At 1 July 2024 | 2,235 | 2,235 | ||
| Disposals | (1,385) | (1,385) | ||
| For the year | 5,438 | 5,438 | ||
| At 30 June 2025 | 6,288 | 6,288 | ||
| Net Book Amounts | ||||
| At 30 June 2025 | 16,311 | |||
| At 30 June 2024 | 4,331 | |||
| 3. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 46,555 | 103,175 | ||||||
| VAT | 5,249 | 8,165 | ||||||
| PAYE control | 44,327 | 14,944 | ||||||
| Other debtors | 6,500 | 6,500 | ||||||
| 102,631 | 132,784 | |||||||
| Painting and Decorating Contractors Limited | ||||||||
| 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 32,591 | 51,297 | ||||||
| Directors current account | 23,718 | 27,674 | ||||||
| Directors current account | 230 | 220 | ||||||
| Bank loans and overdrafts | 13,929 | - | ||||||
| Loans | 12,051 | 18,668 | ||||||
| Hire purchase | 15,197 | - | ||||||
| Trade creditors | 15,458 | 19,121 | ||||||
| Other creditors | 2,015 | 2,586 | ||||||
| Accruals | - | 10,752 | ||||||
| 115,189 | 130,318 | |||||||
| 5. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 4 | |||||
| 6. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Deferred taxation | 3,000 | 1,080 | ||||||
| 3,000 | 1,080 | |||||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 100 | 100 | |||||||
| 100 | 100 | |||||||