Company No: 04886774 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	695,154		711,218
		695,154		711,218
Current assets
Stocks	4	150,000		520,000
Debtors	5	1,571,269		2,879,053
Cash at bank and in hand		837,276		583,131
		2,558,545		3,982,184
Creditors: amounts falling due within one year	6	( 997,420)		( 2,068,205)
Net current assets		1,561,125		1,913,979
Total assets less current liabilities		2,256,279		2,625,197
Creditors: amounts falling due after more than one year	7	( 218,282)		( 313,123)
Net assets		2,037,997		2,312,074
Capital and reserves
Called-up share capital		2,000		2,000
Profit and loss account		2,035,997		2,310,074
Total shareholder's funds		2,037,997		2,312,074

For the financial 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.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of PD & CL Building Services Ltd (registered number: 04886774) were approved and authorised for issue by the Board of Directors on 27 April 2026. They were signed on its behalf by:

P D Dance Director

S A Dance Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

PD & CL Building Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 3 10 Beaufighter Road, Weston-Super-Mare, BS24 8EE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	not depreciated
Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance
Office equipment	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

Government grants

Government grants are recognised within other operating income based on the performance model and are measured at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

A grant that specifies performance conditions is recognised in income only when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the grant proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	29		26

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£
Cost
At 01 August 2024	108,758		30,293		975,015		10,320		62,754		1,187,140
Additions	0		76,815		77,420		0		3,176		157,411
Disposals	0		0		( 78,103)		0		0		( 78,103)
At 31 July 2025	108,758		107,108		974,332		10,320		65,930		1,266,448
Accumulated depreciation
At 01 August 2024	0		16,566		414,576		2,421		42,359		475,922
Charge for the financial year	0		4,087		141,539		1,975		5,627		153,228
Disposals	0		0		( 57,856)		0		0		( 57,856)
At 31 July 2025	0		20,653		498,259		4,396		47,986		571,294
Net book value
At 31 July 2025	108,758		86,455		476,073		5,924		17,944		695,154
At 31 July 2024	108,758		13,727		560,439		7,899		20,395		711,218

4. Stocks

	2025		2024
	£		£
Stocks	150,000		520,000

5. Debtors

	2025		2024
	£		£
Trade debtors	697,125		2,272,318
Amounts owed by Group undertakings	138,865		1,000
Amounts owed by directors	420,910		444,827
Prepayments	25,498		152,166
Corporation tax	91,045		0
Other debtors	197,826		8,742
	1,571,269		2,879,053

Amounts owed by group undertakings are repayable on demand and do not bear interest.

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	8,329		10,000
Trade creditors	605,730		1,320,551
Amounts owed to directors	59,298		113,228
Accruals	9,467		10,059
Deferred tax liability	146,598		150,615
Taxation and social security	9,956		327,711
Obligations under finance leases and hire purchase contracts (secured)	110,081		92,192
Other creditors	47,961		43,849
	997,420		2,068,205

Obligations under finance leases and hire purchase contracts are secured against the assets they relate to.

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		8,334
Obligations under finance leases and hire purchase contracts (secured)	218,282		304,789
	218,282		313,123

Obligations under finance leases and hire purchase contracts are secured against the assets they relate to.

8. Related party transactions

Transactions with owners holding a participating interest in the entity

The company is a wholly owned subsidiary of PD & CL Holdings Ltd, and as such has taken advantage of the exemption permitted by section 33 of 'FRS102 'Related Party Disclosures', not to provide disclosure of transactions entered into with other wholly owned members of the group.

Transactions with the entity's directors

The Director's loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

Director 1
At 1 August 2024, the balance owed by the Director was £444,827. During the year, £210,742 was advanced, and £234,659 was repaid by the Director. At 31 July 2025, the balance owed by the Director was £420,910.

At 1 August 2023, the balance owed by the Director was £nil. During the year, £463,403 was advanced, and £18,576 was repaid by the Director. At 31 July 2024, the balance owed by the Director was £444,827.

Director 2
At 1 August 2024, the balance owed by the Director was £nil. During the year, £5,883 was advanced, and £5,883 was repaid by the Director. At 31 July 2025, the balance owed by the Director was £nil.

At 1 August 2023, the balance owed by the Director was £nil. During the year, £25,263 was advanced, and £25,263 was repaid by the Director. At 31 July 2024, the balance owed by the Director was £nil.

9. Ultimate controlling party

Parent Company:

PD & CL Holdings Ltd

Unit 3 Belvedere Court 10 Beaufighter Road Weston-Super-Mare BS24 8EE United Kingdom