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Company Registration No. 07185740 (England and Wales)
Puffett Limited Unaudited accounts for the year ended 31 March 2026
Puffett Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Puffett Limited Company Information for the year ended 31 March 2026
Director
Andrea Puffett
Company Number
07185740 (England and Wales)
Registered Office
Post Office Vaults 4 Market Place Wantage Oxfordshire OX12 8AT
Accountants
J JENKIN & ASSOCIATES LIMITED POST OFFICE VAULTS 4 MARKET PLACE WANTAGE OXFORDSHIRE OX12 8AT
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Puffett Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
5,914
7,885
Current assets
Inventories
10,000
16,000
Cash at bank and in hand
40,225
26,993
50,225
42,993
Creditors: amounts falling due within one year
5
(30,924)
(30,469)
Net current assets
19,301
12,524
Total assets less current liabilities
25,215
20,409
Creditors: amounts falling due after more than one year
6
-
(1,506)
Net assets
25,215
18,903
Capital and reserves
Called up share capital
100
100
Profit and loss account
25,115
18,803
Shareholders' funds
25,215
18,903
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 June 2026 and were signed on its behalf by
Andrea Puffett Director Company Registration No. 07185740
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Puffett Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Puffett Limited is a private company, limited by shares, registered in England and Wales, registration number 07185740. The registered office is Post Office Vaults, 4 Market Place, Wantage, Oxfordshire, OX12 8AT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Puffett Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
3,100
25,601
2,396
31,097
At 31 March 2026
3,100
25,601
2,396
31,097
Depreciation
At 1 April 2025
2,548
19,886
778
23,212
Charge for the year
138
1,428
405
1,971
At 31 March 2026
2,686
21,314
1,183
25,183
Net book value
At 31 March 2026
414
4,287
1,213
5,914
At 31 March 2025
552
5,715
1,618
7,885
A revaluation of fixtures and fittings to include a recent refurbishment of the premises was carried out by a qualified professional on 2nd February 2021 under IFRS standards.
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
1,561
5,040
VAT
14,340
12,049
Obligations under finance leases and hire purchase contracts
-
497
Taxes and social security
10,391
10,311
Other creditors
4,196
2,455
Loans from directors
436
117
30,924
30,469
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
-
1,506
7
Average number of employees
During the year the average number of employees was 6 (2025: 6).
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