Company registration number: 06044532
Annual report and unaudited financial statements
for the year ended 31 May 2026
for
P F FINANCIAL LIMITED
Pages for filing with the Registrar
Company registration number: 06044532
P F FINANCIAL LIMITED
Balance sheet
as at 31 May 2026
2026 2025
Note £ £ £ £
Fixed assets
Intangible assets 4 1 1
Tangible assets 5 73,153 55,927
73,154 55,928
Current assets
Debtors 6,323 11,356
Cash at bank and in hand 2,074 294
8,397 11,650
Creditors: amounts falling due within one year
(38,731) (11,419)
Net current (liabilities)/assets (30,334) 231
Total assets less current liabilities 42,820 56,159
Creditors: Amounts falling due after more than one year
(30,344) (48,977)
NET ASSETS 12,476 7,182
Capital and reserves
Called up share capital 100 100
Other reserves 100 100
Profit and loss account 12,276 6,982
TOTAL EQUITY 12,476 7,182
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 May 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 06044532
P F FINANCIAL LIMITED
Balance sheet - continued
as at 31 May 2026
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 24 August 2026 and signed on its behalf by:
Mr J Elverson, Director
24 August 2026
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P F FINANCIAL LIMITED
Notes to the financial statements
for the year ended 31 May 2026
1 Company information
P F FINANCIAL LIMITED is a private company registered in England and Wales. Its registered number is 06044532. The company is limited by shares. Its registered office is 1a,High Street, Bovingdon, Hemel Hempstead, Herts, HP3 0HG.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill -
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Long leasehold property -
Plant and machinery etc.:
Plant and machinery -
Computer equipment -
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P F FINANCIAL LIMITED
Notes to the financial statements - continued
for the year ended 31 May 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 5 (2025 - 5).
4 Intangible assets
Goodwill
£
Cost
At 1 June 2025 1
At 31 May 2026 1
Amortisation
At 31 May 2026 -
Net book value
At 31 May 2026 1
At 31 May 2025 1
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P F FINANCIAL LIMITED
Notes to the financial statements - continued
for the year ended 31 May 2026
5 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 June 2025 9,135 90,910 100,045
Additions - 33,430 33,430
At 31 May 2026 9,135 124,340 133,475
Depreciation
At 1 June 2025 9,135 34,983 44,118
Charge for year - 16,204 16,204
At 31 May 2026 9,135 51,187 60,322
Net book value
At 31 May 2026 - 73,153 73,153
At 31 May 2025 - 55,927 55,927
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