Company registration number 01087182 (England and Wales)
P. & K. BOND & SON LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
P. & K. BOND & SON LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 7
P. & K. BOND & SON LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Non-current assets
Property, plant and equipment
3
81,374
98,581
Current assets
Trade and other receivables
4
9,028
19,779
Cash and cash equivalents
17,814
18,798
26,842
38,577
Current liabilities
5
(68,485)
(86,739)
Net current liabilities
(41,643)
(48,162)
Total assets less current liabilities
39,731
50,419
Non-current liabilities
6
-
0
(2,884)
Provisions for liabilities
(1,525)
(1,794)
Net assets
38,206
45,741
Equity
Called up share capital
1,800
1,800
Retained earnings
36,406
43,941
Total equity
38,206
45,741
P. & K. BOND & SON LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
28 FEBRUARY 2026
28 February 2026
- 2 -

For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 1 May 2026 and are signed on its behalf by:
Ms E Bond
Director
Company registration number 01087182 (England and Wales)
P. & K. BOND & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 3 -
1
Accounting policies
Company information

P. & K. Bond & Son Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Abbey Lane Court, Abbey Lane, Evesham, Worcestershire, United Kingdom, WR11 4BY.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Property, plant and equipment

Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Not depreciated
Leasehold land and buildings
5% on cost
Plant and equipment
15% reducing balance
Fixtures and fittings
20% straight line

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.

1.4
Impairment of non-current assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.5
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 current liabilities.

P. & K. BOND & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 4 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

P. & K. BOND & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or non-current assets.

1.10
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.11
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
3
Property, plant and equipment
Freehold land and buildings
Leasehold land and buildings
Plant and equipment
Fixtures and fittings
Total
£
£
£
£
£
Cost
At 1 March 2025 and 28 February 2026
70,000
567,374
71,733
22,454
731,561
Depreciation and impairment
At 1 March 2025
-
0
548,234
62,292
22,454
632,980
Depreciation charged in the year
-
0
15,791
1,416
-
0
17,207
At 28 February 2026
-
0
564,025
63,708
22,454
650,187
P. & K. BOND & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
3
Property, plant and equipment
Freehold land and buildings
Leasehold land and buildings
Plant and equipment
Fixtures and fittings
Total
£
£
£
£
£
(Continued)
- 6 -
Carrying amount
At 28 February 2026
70,000
3,349
8,025
-
0
81,374
At 28 February 2025
70,000
19,140
9,441
-
0
98,581
4
Trade and other receivables
2026
2025
Amounts falling due within one year:
£
£
Corporation tax recoverable
-
0
808
Other receivables
1,490
2,802
Prepayments and accrued income
7,538
16,169
9,028
19,779
5
Current liabilities
2026
2025
£
£
Bank loans
2,621
5,941
Trade payables
1,140
1,197
Corporation tax
2,063
-
0
Other taxation and social security
6,784
7,051
Other payables
46,315
62,287
Accruals and deferred income
9,562
10,263
68,485
86,739
6
Non-current liabilities
2026
2025
Notes
£
£
Bank loans and overdrafts
-
0
2,884
7
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

P. & K. BOND & SON LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
7
Directors' transactions
(Continued)
- 7 -
Loans
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Director
-
7,755
(7,673)
82
7,755
(7,673)
82
2026-02-28 2025-03-01 false false false 01 May 2026 CCH Software CCH Accounts Production 2026.100 Unit letting
Mr D C Bond (Deceased)Ms E Bond Ms E Bond 01087182 2025-03-01 2026-02-28 01087182 2026-02-28 01087182 2025-02-28 01087182 core:LandBuildings core:OwnedOrFreeholdAssets 2026-02-28 01087182 core:PlantMachinery 2026-02-28 01087182 core:FurnitureFittings 2026-02-28 01087182 core:LandBuildings core:OwnedOrFreeholdAssets 2025-02-28 01087182 core:LandBuildings 2025-02-28 01087182 core:PlantMachinery 2025-02-28 01087182 core:FurnitureFittings 2025-02-28 01087182 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 01087182 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 01087182 core:Non-currentFinancialInstruments core:AfterOneYear 2026-02-28 01087182 core:Non-currentFinancialInstruments core:AfterOneYear 2025-02-28 01087182 core:ShareCapital 2026-02-28 01087182 core:ShareCapital 2025-02-28 01087182 core:RetainedEarningsAccumulatedLosses 2026-02-28 01087182 core:RetainedEarningsAccumulatedLosses 2025-02-28 01087182 bus:CompanySecretaryDirector1 2025-03-01 2026-02-28 01087182 core:LandBuildings core:OwnedOrFreeholdAssets 2025-03-01 2026-02-28 01087182 core:LandBuildings core:LongLeaseholdAssets 2025-03-01 2026-02-28 01087182 core:PlantMachinery 2025-03-01 2026-02-28 01087182 core:FurnitureFittings 2025-03-01 2026-02-28 01087182 2024-03-01 2025-02-28 01087182 core:LandBuildings core:OwnedOrFreeholdAssets 2025-02-28 01087182 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-02-28 01087182 core:PlantMachinery 2025-02-28 01087182 core:FurnitureFittings 2025-02-28 01087182 2025-02-28 01087182 core:LandBuildings core:LeasedAssetsHeldAsLessee 2026-02-28 01087182 core:LandBuildings core:LeasedAssetsHeldAsLessee 2025-03-01 2026-02-28 01087182 core:CurrentFinancialInstruments 2026-02-28 01087182 core:CurrentFinancialInstruments 2025-02-28 01087182 core:Non-currentFinancialInstruments 2026-02-28 01087182 core:Non-currentFinancialInstruments 2025-02-28 01087182 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 01087182 bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 01087182 bus:FRS102 2025-03-01 2026-02-28 01087182 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 01087182 bus:Director1 2025-03-01 2026-02-28 01087182 bus:Director2 2025-03-01 2026-02-28 01087182 bus:CompanySecretary1 2025-03-01 2026-02-28 01087182 bus:FullAccounts 2025-03-01 2026-02-28 xbrli:pure xbrli:shares iso4217:GBP