P & H Services (South Wales) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05241103 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

P & H SERVICES (SOUTH WALES) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Jones

P A Russell

SECRETARY:

REGISTERED OFFICE:

Suite 14, Cedar Court Havens Head Busine

Hakin

Milford Haven

Pembrokeshire

SA73 3LS

REGISTERED NUMBER:

05241103 (England and Wales)

ACCOUNTANTS:

L M Griffiths & Co Limited

Chartered Certified Accountants

1&2 Merlins Court

Winch Lane

Haverfordwest

Pembrokeshire

SA61 1SB

FIXED ASSETS

Tangible assets

4

60,351

49,702

CURRENT ASSETS

Debtors

5

1,258,065

1,147,769

Cash at bank

325,933

601,580

1,583,998

1,749,349

CREDITORS

Amounts falling due within one year

6

595,729

715,281

NET CURRENT ASSETS

988,269

1,034,068

TOTAL ASSETS LESS CURRENT

LIABILITIES

1,048,620

1,083,770

CREDITORS

Amounts falling due after more than one

year

7

61,863

57,141

NET ASSETS

986,757

1,026,629

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

986,755

1,026,627

986,757

1,026,629

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

P A Jones - Director

P A Russell - Director

1.	STATUTORY INFORMATION

P & H Services (South Wales) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

110,840

Additions

39,419

At 31 March 2025

150,259

DEPRECIATION

At 1 April 2024

61,138

Charge for year

28,770

At 31 March 2025

89,908

NET BOOK VALUE

At 31 March 2025

60,351

At 31 March 2024

49,702

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

169,891

97,991

Other debtors

1,088,174

1,049,778

1,258,065

1,147,769

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

10,000

Hire purchase contracts

14,263

10,764

Trade creditors

452,727

459,364

Taxation and social security

66,470

152,199

Other creditors

52,269

82,954

595,729

715,281

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR

2025

2024

£

Bank loans

4,167

14,167

Hire purchase contracts

57,696

42,974

61,863

57,141

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

P A Jones

Balance outstanding at start of year

(44,101

)

-

Amounts advanced

42,998

-

Amounts repaid

(7,000

)

(44,111

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(8,103

)

(44,111

)

**

BALANCE OUTSTANDING AT START OF YEAR FOR CURRENT YEAR AS SHOWN

ABOVE

(44,101

)

DOES NOT AGREE TO BALANCE OUTSTANDING AT END OF YEAR FOR LAST YEAR

(44,111

)

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - OTHER DISCLOSURES - TRANSACTIONS WITH DIRECTORS - DIRECTORS' ADVANCES AND CREDITS - FOR BOTH CURRENT AND LAST YEARS

P A Russell

Balance outstanding at start of year

16,955

-

Amounts advanced

12,463

16,955

Amounts repaid

(37,520

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(8,102

)

16,955