P G Joinery & Building Ltd - Filleted accounts

P G Joinery & Building Ltd
Registered number:		10305245
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Current assets
Cash at bank and in hand		66,208			61,271

Creditors: amounts falling due within one year	4	(60,384)			(55,064)

Net current assets			5,824			6,207

Net assets			5,824			6,207

Capital and reserves
Called up share capital			100			100
Profit and loss account			5,724			6,107

Shareholder's funds			5,824			6,207

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Paul Gillett
Director
Approved by the board on 12 October 2026

P G Joinery & Building Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 2 years

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant & machinery
£
	Cost
	At 1 April 2025				1,040
	At 31 March 2026				1,040

	Depreciation
	At 1 April 2025				1,040
	At 31 March 2026				1,040

	Net book value
	At 31 March 2026				-


4	Creditors: amounts falling due within one year		2026		2025
£				£

	Accruals		600		600
	Director's account		29,295		32,145
	Other creditors		28,233		17,341
	Corporation tax		2,256		4,978
			60,384		55,064


5	Profit and loss account		2026
£

	At 1 April 2025		6,107
	Profit for the year		9,617
	Dividends		(10,000)
	At 31 March 2026		5,724


6	Dividends		2026		2025
£				£

	Dividends for which the company became liable during the year:
	Dividends paid		10,000		16,000
			10,000		16,000


7	Related party transactions

	Included within the creditors at the year end is £29,295 (2024: £32,145) due to Mr Paul Gillett, the company director. During the period the company paid £16,002 of expenses on behalf of the director and the director introduced £13,152.


8	Controlling party

	The ultimate controlling party is the director and shareholder Mr Paul Gillett.


9	Other information

	P G Joinery & Building Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	710 Livesey Branch Road
	Blackburn
	Lancashire
	BB2 5DX