Potteries Demolition Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00984018 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st July 2025

for

Potteries Demolition Company Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Chartered Certified Accountants' Report

9

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

3,809,612

3,660,107

Investments

6

123,000

3,932,612

3,783,107

CURRENT ASSETS

Stocks

5,000

Debtors

7

234,858

265,658

Cash at bank and in hand

425,609

519,093

665,467

789,751

CREDITORS

Amounts falling due within one year

8

245,467

243,928

NET CURRENT ASSETS

420,000

545,823

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,352,612

4,328,930

CREDITORS

Amounts falling due after more than
one year

9

-

(8,333

)

PROVISIONS FOR LIABILITIES

(730,497

)

(693,121

)

NET ASSETS

3,622,115

3,627,476

CAPITAL AND RESERVES

Called up share capital

65

Revaluation reserve

10

1,763,980

Retained earnings

1,858,070

1,863,431

SHAREHOLDERS' FUNDS

3,622,115

3,627,476

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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.

The financial statements were approved by the Board of Directors and authorised for issue on 9th October 2025 and were signed on its behalf by:

Mr S J Edwards - Director

1.	STATUTORY INFORMATION

Potteries Demolition Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

00984018

Registered office:

Burnham Street

Fenton

Stoke On Trent

Staffordshire

ST4 3EX

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the goods and services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced on service contracts.

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Freehold property contains significant amounts of land with negligible buildings. The directors feel that the value of these assets would not be impaired by the passage of time. As a consequence, any element of depreciation would, in the opinion of the directors, be immaterial.

Investments in associates

Investments in associate undertakings are recognised at cost.

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 Profit and Loss account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1st August 2024

and 31st July 2025

6,065

AMORTISATION

At 1st August 2024

and 31st July 2025

6,065

NET BOOK VALUE

At 31st July 2025

-

At 31st July 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

machinery

£

COST OR VALUATION

At 1st August 2024

2,552,713

34,711

2,449,780

Additions

-

223,550

Disposals

-

(87,000

)

At 31st July 2025

2,552,713

34,711

2,586,330

DEPRECIATION

At 1st August 2024

-

1,641,464

Charge for year

-

142,116

Eliminated on disposal

-

(76,481

)

At 31st July 2025

-

1,707,099

NET BOOK VALUE

At 31st July 2025

2,552,713

34,711

879,231

At 31st July 2024

2,552,713

34,711

808,316

Motor

Computer

vehicles

equipment

Totals

£

COST OR VALUATION

At 1st August 2024

1,242,943

3,067

6,283,214

Additions

151,000

-

374,550

Disposals

-

(87,000

)

At 31st July 2025

1,393,943

3,067

6,570,764

DEPRECIATION

At 1st August 2024

979,900

1,743

2,623,107

Charge for year

72,052

358

214,526

Eliminated on disposal

-

(76,481

)

At 31st July 2025

1,051,952

2,101

2,761,152

NET BOOK VALUE

At 31st July 2025

341,991

966

3,809,612

At 31st July 2024

263,043

1,324

3,660,107

Cost or valuation at 31st July 2025 is represented by:

Improvements

Freehold

to

Plant and

property

machinery

£

Valuation in 2023

1,083,892

-

Valuation in 2024

1,200,000

-

Cost

268,821

34,711

2,586,330

2,552,713

34,711

2,586,330

Motor

Computer

vehicles

equipment

Totals

£

Valuation in 2023

-

1,083,892

Valuation in 2024

-

1,200,000

Cost

1,393,943

3,067

4,286,872

1,393,943

3,067

6,570,764

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.7.25

31.7.24

£

Cost

268,821

Freehold land and buildings were valued on a market value basis on 31st July 2024 by director Mr S Edwards .

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1st August 2024

and 31st July 2025

123,000

NET BOOK VALUE

At 31st July 2025

123,000

At 31st July 2024

123,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Trade debtors

197,381

201,170

Other debtors

37,477

64,488

234,858

265,658

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

Bank loans and overdrafts

8,334

9,999

Trade creditors

98,023

88,986

Amounts owed to group undertakings

-

1,946

Taxation and social security

4,699

2,277

Other creditors

134,411

140,720

245,467

243,928

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

Bank loans

-

8,333

10.

RESERVES

Revaluation

reserve

£

At 1st August 2024

and 31st July 2025

1,763,980

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Potteries Demolition Company Limited for the year ended 31st July 2025 which comprise the Profit and Loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Potteries Demolition Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Potteries Demolition Company Limited and state those matters that we have agreed to state to the Board of Directors of Potteries Demolition Company Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Potteries Demolition Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Potteries Demolition Company Limited. You consider that Potteries Demolition Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Potteries Demolition Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

RBK Accountants Limited

Lymedale Business Centre

Hooters Hall Road

Newcastle Under Lyme

Staffordshire

ST5 9QF

9th October 2025