1 August 2024 false No description of principal activity Taxfiler 2024.6 04138481 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 04138481 2024-07-31 04138481 2024-08-01 2025-07-31 04138481 business:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 04138481 business:FilletedAccounts 2024-08-01 2025-07-31 04138481 2025-07-31 04138481 business:Director1 2024-08-01 2025-07-31 04138481 business:Director2 2024-08-01 2025-07-31 04138481 2024-07-31 04138481 core:WithinOneYear 2025-07-31 04138481 core:WithinOneYear 2024-07-31 04138481 core:AfterOneYear 2025-07-31 04138481 core:AfterOneYear 2024-07-31 04138481 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 04138481 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 04138481 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 04138481 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 04138481 core:PreviouslyStatedAmount 2025-07-31 04138481 core:PreviouslyStatedAmount 2024-07-31 04138481 business:SmallEntities 2024-08-01 2025-07-31 04138481 countries:EnglandWales 2024-08-01 2025-07-31 04138481 core:PlantMachinery 2024-08-01 2025-07-31 04138481 core:MotorVehicles 2024-08-01 2025-07-31 04138481 core:Goodwill 2024-07-31 04138481 core:Goodwill 2025-07-31 04138481 core:PlantMachinery 2024-07-31 04138481 core:MotorVehicles 2024-07-31 04138481 core:PlantMachinery 2025-07-31 04138481 core:MotorVehicles 2025-07-31 04138481 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 04138481 (England and Wales)
PC Development Ltd Unaudited accounts for the year ended 31 July 2025
PC Development Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
PC Development Ltd Company Information for the year ended 31 July 2025
Directors
R J Knox S A Knox
Company Number
04138481 (England and Wales)
- 3 -
PC Development Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
30,544
4,201
Current assets
Inventories
224,533
216,765
Debtors
6
545,408
144,676
Cash at bank and in hand
29,710
285,104
799,651
646,545
Creditors: amounts falling due within one year
7
(259,108)
(146,859)
Net current assets
540,543
499,686
Total assets less current liabilities
571,087
503,887
Creditors: amounts falling due after more than one year
8
(259,679)
(210,544)
Provisions for liabilities
Deferred tax
(6,369)
-
Net assets
305,039
293,343
Capital and reserves
Called up share capital
100
100
Profit and loss account
304,939
293,243
Shareholders' funds
305,039
293,343
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by
R J Knox Director Company Registration No. 04138481
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PC Development Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
PC Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 04138481.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
Motor vehicles
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2024
1,500
At 31 July 2025
1,500
Amortisation
At 1 August 2024
1,500
At 31 July 2025
1,500
Net book value
At 31 July 2025
-
- 5 -
PC Development Ltd Notes to the Accounts for the year ended 31 July 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
34,369
-
34,369
Additions
-
28,900
28,900
At 31 July 2025
34,369
28,900
63,269
Depreciation
At 1 August 2024
30,168
-
30,168
Charge for the year
630
1,927
2,557
At 31 July 2025
30,798
1,927
32,725
Net book value
At 31 July 2025
3,571
26,973
30,544
At 31 July 2024
4,201
-
4,201
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
545,408
144,302
Deferred tax asset
-
374
545,408
144,676
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
73,131
10,477
Obligations under finance leases and hire purchase contracts
1,944
-
Trade creditors
160,841
94,501
Taxes and social security
9,116
23,118
Accruals
14,076
18,763
259,108
146,859
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Obligations under finance leases and hire purchase contracts
21,625
-
Loans from directors
238,054
210,544
259,679
210,544
9
Average number of employees
During the year the average number of employees was 3 (2024: 3).
- 6 -