PAUL CARPENTER PLASTERING & BUILDING CONTRACTS LIMITED


Director	CARPENTER, Paul


Company Secretary	WESTON CARPENTER, Sally


Registered Address	Suite 9 30 Bancroft
	Hitchin
	SG5 1LE


Registered Number	04916064 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		1,560		450
Tangible assets	4		15,462		3,065
			17,022		3,515
Current assets
Debtors		1,135		799
Cash at bank and on hand		5,930		3,744
		7,065		4,543
Creditors amounts falling due within one year	5	(13,669)		(7,199)
Net current assets (liabilities)			(6,604)		(2,656)
Total assets less current liabilities			10,418		859
Provisions for liabilities	6		(3,404)		(669)
Net assets			7,014		190
Capital and reserves
Profit and loss account			7,014		190
Shareholders' funds			7,014		190

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 6 November 2025, and are signed on its behalf by:

CARPENTER, Paul
Director
Registered Company No. 04916064

PAUL CARPENTER PLASTERING & BUILDING CONTRACTS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	-	4
Office Equipment	33	-

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 24	600	600
Additions	1,680	1,680
At 31 March 25	2,280	2,280
Amortisation and impairment
At 01 April 24	150	150
Charge for year	570	570
At 31 March 25	720	720
Net book value
At 31 March 25	1,560	1,560
At 31 March 24	450	450

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	6,085	48,475	3,397	57,957
Additions	128	17,990	-	18,118
Disposals	-	(18,490)	-	(18,490)
At 31 March 25	6,213	47,975	3,397	57,585
Depreciation and impairment
At 01 April 24	4,163	47,977	2,752	54,892
Charge for year	513	4,995	213	5,721
On disposals	-	(18,490)	-	(18,490)
At 31 March 25	4,676	34,482	2,965	42,123
Net book value
At 31 March 25	1,537	13,493	432	15,462
At 31 March 24	1,922	498	645	3,065

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,384	1,581
Taxation and social security	9,255	5,612
Other creditors	30	6
Total	13,669	7,199


	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.

6.	Provisions for liabilities

	2025	2024
	£	£
Other provisions	3,404	669
Total	3,404	669