Pier Rigging and Testing Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07375545 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Pier Rigging and Testing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S M Jones

REGISTERED OFFICE:

Unit 1, Steelfields Industrial Estate

Owens Way, Gads Hill

Gillingham

Kent

ME7 2RT

REGISTERED NUMBER:

07375545 (England and Wales)

AUDITORS:

Hills Accountants Limited

Greenhill House

First Floor East Wing

Thorpe Road

Peterborough

Cambridgeshire

PE3 6RU

FIXED ASSETS

Tangible assets

4

-

2,670

CURRENT ASSETS

Stocks

-

2,500

Debtors

5

3,482

24,322

Cash at bank

14,526

19,444

18,008

46,266

CREDITORS

Amounts falling due within one year

6

4,989

8,806

NET CURRENT ASSETS

13,019

37,460

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,019

40,130

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

12,919

40,030

13,019

40,130

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 June 2026 and were signed by:

S M Jones - Director

1.	STATUTORY INFORMATION

Pier Rigging and Testing 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.

Going concern

The financial statements have not been prepared on a going concern basis.

During the year, the company ceased to trade and its trade and associated activities were transferred to its ultimate parent company. As a result, the directors do not consider it appropriate to prepare the financial statements on a going concern basis.

The financial statements have therefore been prepared on a basis other than going concern. No adjustments have been made to the carrying values of assets and liabilities other than those considered necessary by the directors to reflect the circumstances of the company at the balance sheet date.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

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

Taxation

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

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

30,860

Disposals

(30,860

)

At 30 September 2025

-

DEPRECIATION

At 1 October 2024

28,190

Eliminated on disposal

(28,190

)

At 30 September 2025

-

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

2,670

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

982

21,822

Other debtors

2,500

3,482

24,322

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

669

947

Taxation and social security

825

4,369

Other creditors

3,495

3,490

4,989

8,806

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

We draw attention to the accounting policy note concerning going concern, which explains that during the year the company ceased trading and its trade was transferred to its ultimate parent company. As a result, the directors have prepared the financial statements on a basis other than going concern.

Our opinion is not modified in respect of this matter.

Mr Lee James Hills (Senior Statutory Auditor)

for and on behalf of Hills Accountants Limited

8.	RELATED PARTY DISCLOSURES

As at 30 September 2025 the company owed £Nil (2024 £5,251) to its parent company, European Active Projects Limited.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is S M Jones.