1 October 2024 v2026.20.2 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP082288112024-10-012025-09-30082288112025-09-30082288112024-09-3008228811core:WithinOneYear2025-09-3008228811core:WithinOneYear2024-09-3008228811core:AfterOneYear2025-09-3008228811core:AfterOneYear2024-09-3008228811core:ShareCapital2025-09-3008228811core:ShareCapital2024-09-3008228811core:RetainedEarningsAccumulatedLosses2025-09-3008228811core:RetainedEarningsAccumulatedLosses2024-09-3008228811bus:Director12024-10-012025-09-3008228811bus:RegisteredOffice2024-10-012025-09-3008228811core:PlantMachinery2024-10-012025-09-3008228811core:MotorVehicles2024-10-012025-09-3008228811core:NetGoodwill2025-09-3008228811core:PlantMachinery2025-09-3008228811core:PlantMachinery2024-10-0108228811core:PlantMachinery2024-09-300822881112024-10-012025-09-30082288112023-10-012024-09-3008228811countries:EnglandWales2024-10-012025-09-3008228811bus:AuditExemptWithAccountantsReport2024-10-012025-09-3008228811bus:PrivateLimitedCompanyLtd2024-10-012025-09-3008228811bus:SmallEntities2024-10-012025-09-3008228811bus:FullAccounts2024-10-012025-09-30
Company registration number:
08228811
P J Utilities Limited
Unaudited Filleted Financial Statements for the year ended
30 September 2025
P J Utilities Limited
Statement of Financial Position
30 September 2025
20252024
Note££
Fixed assets    
Tangible assets 6
37,417
 
46,771
 
Current assets    
Stocks
1,607
  -  
Debtors 7
43,789
 
29,591
 
Cash at bank and in hand -  
9,655
 
45,396
 
39,246
 
Creditors: amounts falling due within one year 8
(53,500
 )
(49,093
 )
Net current liabilities
(8,104
 )
(9,847
 )
Total assets less current liabilities 29,313   36,924  
Creditors: amounts falling due after more than one year 9
(1,750
 )
(7,349
 )
Provisions for liabilities
(7,109
 )
(8,886
 )
Net assets
20,454
 
20,689
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
20,354
 
20,589
 
Shareholders funds
20,454
 
20,689
 
For the year ending
30 September 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The 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 their responsibilities for complying with the requirements of the Act 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.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
5 June 2026
, and are signed on behalf of the board by:
Mr P Porter
Director
Company registration number:
08228811
P J Utilities Limited
Notes to the Financial Statements
Year ended
30 September 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Deansfield House
,
98 Lancaster Road
,
Newcastle Under Lyme
,
Staffordshire
,
ST5 1DS
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The
financial statements
are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
20% reducing balance
Motor vehicles
20% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in in the period it arises.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2024: nil).

5 Intangible assets

Goodwill
£
Cost  
At
1 October 2024
and
30 September 2025
50,000
 
Amortisation  
At
1 October 2024
and
30 September 2025
50,000
 
Carrying amount  
At
30 September 2025
 -  
At 30 September 2024 -  

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 October 2024
and
30 September 2025
117,292
 
Depreciation  
At
1 October 2024
70,521
 
Charge
9,354
 
At
30 September 2025
79,875
 
Carrying amount  
At
30 September 2025
37,417
 
At 30 September 2024
46,771
 

7 Debtors

20252024
££
Trade debtors
10,553
 
14,704
 
Other debtors
33,236
 
14,887
 
43,789
 
29,591
 

8 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts
16,855
 
7,000
 
Trade creditors
8,850
 
17,110
 
Taxation and social security
22,934
 
19,128
 
Other creditors
4,861
 
5,855
 
53,500
 
49,093
 
The business loan is secured by way of a personal guarantee from the director of the company.

9 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
1,750
 
4,667
 
Other creditors -  
2,682
 
1,750
 
7,349
 
The business loan is secured by way of a personal guarantee from the director of the company.