1 December 2024 false Taxfiler 2024.6 13057348 business:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 13057348 2024-11-30 13057348 2024-12-01 2025-11-30 13057348 business:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 13057348 business:FilletedAccounts 2024-12-01 2025-11-30 13057348 2025-11-30 13057348 business:Director1 2024-12-01 2025-11-30 13057348 business:RegisteredOffice 2024-12-01 2025-11-30 13057348 2024-11-30 13057348 core:WithinOneYear 2025-11-30 13057348 core:WithinOneYear 2024-11-30 13057348 core:ShareCapital core:PreviouslyStatedAmount 2025-11-30 13057348 core:ShareCapital core:PreviouslyStatedAmount 2024-11-30 13057348 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-11-30 13057348 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-11-30 13057348 core:PreviouslyStatedAmount 2025-11-30 13057348 core:PreviouslyStatedAmount 2024-11-30 13057348 business:SmallEntities 2024-12-01 2025-11-30 13057348 countries:EnglandWales 2024-12-01 2025-11-30 13057348 business:Director1 1 2024-12-01 2025-11-30 13057348 business:Director1 1 2025-11-30 13057348 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13057348 (England and Wales)
Pierre Developments Ltd Unaudited accounts for the year ended 30 November 2025
Pierre Developments Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pierre Developments Ltd Company Information for the year ended 30 November 2025
Director
Peter William Evans
Company Number
13057348 (England and Wales)
Registered Office
Suite 17 13 Micklegate YORK YO1 6RA ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited 167-169 Great Portland Street 5th Floor London W1W 5PF
- 3 -
Pierre Developments Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Current assets
Inventories
439,111
1,316,883
Debtors
4
380,733
-
819,844
1,316,883
Creditors: amounts falling due within one year
5
(1,290,639)
(1,927,911)
Net current liabilities
(470,795)
(611,028)
Net liabilities
(470,795)
(611,028)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(470,796)
(611,029)
Shareholders' funds
(470,795)
(611,028)
For the year ending 30 November 2025 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 his 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 6 August 2026 and were signed on its behalf by
Peter William Evans Director Company Registration No. 13057348
- 4 -
Pierre Developments Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Pierre Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 13057348. The registered office is Suite 17, 13 Micklegate, YORK, YO1 6RA, ENGLAND.
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss. The directors of the company have adopted the policy of expensing accrued interest, in line with section 25, FRS 102.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
366,433
-
Other debtors
14,300
-
380,733
-
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
480,659
1,200,003
VAT
9,671
1,598
Amounts owed to group undertakings and other participating interests
403,721
332,450
Other creditors
394,435
392,727
Accruals
2,153
1,133
1,290,639
1,927,911
- 5 -
Pierre Developments Ltd Notes to the Accounts for the year ended 30 November 2025
6
Guarantees provided on behalf of directors
Maximum Liability Under Guarantees
Amount paid and liability incurred
£
£
Peter William Evans
The Beighton Family Investment Company
294,435
-
294,435
-
Personal guarantees provided for both loans.
7
Transactions with related parties
The company owes Pierre Development (Holdings) Limited £405,429. No interest has been charged. The company is owed £366,433 by Pierre Developments (Moor Monkton) Ltd. No interest has been charged.
8
Controlling party
Pierre Development (Holdings) Limited, company registration number 13963008, registered address - 6 Joseph Terry Grove, York, YO23 1PU
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -