REGISTERED NUMBER: 11241234 (England and Wales)

Particularly Good Limited

Unaudited Financial Statements

for the Year Ended 30th July 2025

Page

Company information

1

Balance sheet

2

to

3

Notes to the financial statements

4

to

7

Directors:

M L Robson

A L Robson

W M Robson

Registered office:

Turvelaws

Wooler

Northumberland

NE71 6AJ

Registered number:

11241234 (England and Wales)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Tangible assets

4

692,940

723,119

Current assets

Stocks

28,802

22,245

Debtors

5

282,172

517,808

Cash at bank and in hand

5,570

7,027

316,544

547,080

Creditors

Amounts falling due within one year

6

285,651

642,090

Net current assets/(liabilities)

30,893

(95,010

)

Total assets less current liabilities

723,833

628,109

Provisions for liabilities

(117,303

)

(131,001

)

Accruals and deferred income

(73,873

)

(85,711

)

Net assets

532,657

411,397

Capital and reserves

Called up share capital

100

100

Retained earnings

532,557

411,297

532,657

411,397

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th July 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th April 2026 and were signed on its behalf by:

M L Robson - Director

1.	Statutory information

Particularly Good Limited 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.

2.	Accounting policies

Basis of preparing the financial statements

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. 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.

Turnover arising from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer. Turnover arising from the provision of services is recognised as contract activity progresses and the right to consideration is earned.

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.

Freehold property

-

10% on cost and 4% on cost

Plant and machinery

-

10% on cost

Motor vehicles

-

30% on reducing balance and 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and appropriate proportion of fixed and variable overheads. Net realisable value is based on estimated selling prices less further costs expected to be incurred in bringing the stock to completion.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, director's loans, bank loans and other loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Director's loans, other loans (being repayable on demand), trade debtors, trade creditors and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits

Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern

The directors have considered the company's financial position for a minimum period of 12 months and beyond from the date of signing these financial statements and have an expectation that the company should be in a position to continue trading in the current format for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

3.	Employees and directors

The average number of employees during the year was 17 (2024 - 15 ) .

4.	Tangible fixed assets

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

Cost

At 31st July 2024

247,299

774,070

86,990

1,108,359

Additions

43,226

33,890

-

77,116

At 30th July 2025

290,525

807,960

86,990

1,185,475

Depreciation

At 31st July 2024

50,679

302,704

31,857

385,240

Charge for year

12,250

80,805

14,240

107,295

At 30th July 2025

62,929

383,509

46,097

492,535

Net book value

At 30th July 2025

227,596

424,451

40,893

692,940

At 30th July 2024

196,620

471,366

55,133

723,119

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

191,888

200,780

Amounts owed by participating interests

-

301,556

Other debtors

90,284

15,472

282,172

517,808

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

-

20,711

Trade creditors

154,402

220,825

Amounts owed to associates

28,881

382,341

Taxation and social security

62,346

14,463

Other creditors

40,022

3,750

285,651

642,090

7.	Directors' advances, credits and guarantees

Included within other debtors is the following loan to a director:

at 30 Jul

Amount

Amount

at 30 Jul

2024

Advanced

Repaid

2025

Director 1

-

28,239

18,500

9,739

This loan is unsecured, repayable on demand and interest has been charged at the official rates published by HMRC.

8.	Related party disclosures

At 30th July 2025 a loan of £nil (2024 - £301,556) was due from the partnership of Messrs M Robson. This loan was unsecured, repayable on demand and interest has been charged at the official rates published by HMRC. Purchases totalling £nil (2024 - £555,945) were made from the partnership. Income of £2,833 (2024 - £15,000) was received from Messrs M Robson during the year. A debtor of £13,033 (2024 - £8,500) was outstanding at the year end. A creditor of £nil (2024 - £186,155) was outstanding at the year end.

At 30th July 2025 a loan of £28,881 (2024 - £143,370) was due to R.P.B. Pressen Hill Ltd. This loan was unsecured, interest free and was repayable on demand. Income of £6,500 (2024 - £14,000) was received from R.P.B Pressen Hill Ltd. during the year. A debtor of £14,300 (2024 - £14,000) was outstanding at the year end. A creditor of £2,334 (2024 - £nil) was outstanding at the year end.

At 30th July 2025 a loan of £nil (2024 - £238,971) was due to Messrs Robson Limited. This loan was unsecured, interest free and was repayable on demand. Income of £5,667 (2024 - £nil) was received from Messrs Robson Limited during the year. A debtor of £5,667 (2024 - £nil) was outstanding at the year end. Purchases totalling £783,642 (2024 - £nil) were made from Messrs Robson Limited. A creditor of £127,266 (2024 - £nil) was outstanding at the year end.