P.R.N. Construction Limited - Accounts to registrar (filleted) - small 18.2

P.R.N. Construction Limited - Accounts to registrar (filleted) - small 18.2

P.R.N. CONSTRUCTION LTD - Company Information

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P.R.N. Construction Limited

Financial Statements for the Year Ended 31 July 2019






P.R.N. Construction Limited

Company Information
for the Year Ended 31 July 2019







DIRECTORS: S J Jolly
L C Nessbert
C P Nessbert





REGISTERED OFFICE: Hollybush
Bridge Road
Old St Mellons
Cardiff
CF3 6UY





REGISTERED NUMBER: 10919266 (England and Wales)





ACCOUNTANTS: BPU Limited
Chartered Accountants
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA
1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
P.R.N. Construction Limited


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 P.R.N. Construction Limited for the year ended
31 July 2019 which comprise the Profit & Loss Account, Balance Sheet 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of P.R.N. Construction 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 P.R.N. Construction Limited and state those matters that we have agreed to state to the Board of Directors of P.R.N. Construction Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than P.R.N. Construction Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P.R.N. Construction 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 P.R.N. Construction Limited. You consider that P.R.N. Construction 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 P.R.N. Construction 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.






BPU Limited
Chartered Accountants


1 November 2019

This page does not form part of the statutory financial statements

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P.R.N. Construction Limited (Registered number: 10919266)

Balance Sheet
31 July 2019

2019 2018
Notes £    £   
CURRENT ASSETS
Stocks 294,411 661,215
Debtors 3 3 373
Cash at bank 52 7,437
294,466 669,025
CREDITORS
Amounts falling due within one year 4 291,832 672,415
NET CURRENT ASSETS/(LIABILITIES) 2,634 (3,390 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,634
(3,390
)

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 2,631 (3,393 )
2,634 (3,390 )

The notes form part of these financial statements

3
P.R.N. Construction Limited (Registered number: 10919266)

Balance Sheet - continued
31 July 2019


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 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 & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 1 November 2019 and were
signed on its behalf by:





C P Nessbert - Director


The notes form part of these financial statements

4
P.R.N. Construction Limited (Registered number: 10919266)

Notes to the Financial Statements
for the Year Ended 31 July 2019


1. 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value. Cost includes all
direct expenditure incurred.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - 3 ).

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Other debtors & prepayments 3 373

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade creditors (1 ) -
Taxes & social security costs 652 -
Other creditors & accruals 291,181 672,415
291,832 672,415

5