PFPD Limited 31/10/2022 iXBRL
PFPD Limited 31/10/2022 iXBRL
Company registration number:
07826849
(England and Wales)
Contents
Statement of financial position
Notes to the financial statements
Statement of financial position
31 October 2022
2022 | 2021 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Intangible assets | 5 |
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Tangible assets | 6 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Debtors | 7 |
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Investments | 8 |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 9 |
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_______ | _______ | ||||||||
Net current assets |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 10 |
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Provisions for liabilities | 11 |
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_______ | _______ | ||||||||
Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
13 June 2023
, and are signed on behalf of the board by:
Director
Company registration number:
07826849
Notes to the financial statements
Year ended 31 October 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Jessop House, Outrams Wharf, Little Eaton, Derbyshire, DE21 5EL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Intangible assets
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment | - |
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Impairment
Government grants
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
11
(2021:
11
).
5.
Intangible assets
Other intangible assets | Total | ||
£ | £ | ||
Cost | |||
At 1 November 2021 |
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Additions | 9,235 | 9,235 | |
Disposals | (3,578) | (3,578) | |
_______ | _______ | ||
At 31 October 2022 |
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_______ | _______ | ||
Amortisation | |||
At 1 November 2021 and 31 October 2022 | - | - | |
_______ | _______ | ||
Carrying amount | |||
At 31 October 2022 |
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_______ | _______ | ||
At 31 October 2021 |
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_______ | _______ | ||
6.
Tangible assets
Fixtures, fittings and equipment | Total | ||
£ | £ | ||
Cost | |||
At 1 November 2021 |
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Additions |
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_______ | _______ | ||
At 31 October 2022 |
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_______ | _______ | ||
Depreciation | |||
At 1 November 2021 |
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Charge for the year |
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_______ | _______ | ||
At 31 October 2022 |
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_______ | _______ | ||
Carrying amount | |||
At 31 October 2022 |
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At 31 October 2021 |
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_______ | _______ | ||
7.
Debtors
2022 | 2021 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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_______ | _______ | |||
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_______ | _______ | |||
8.
Investments
2022 | 2021 | |||
£ | £ | |||
Other investments | 542,500 | 382,500 | ||
_______ | _______ | |||
9.
Creditors: amounts falling due within one year
2022 | 2021 | |||
£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Accruals and deferred income |
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Corporation tax |
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Social security and other taxes |
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Director loan accounts |
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_______ | _______ | |||
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10.
Creditors: amounts falling due after more than one year
2022 | 2021 | |||
£ | £ | |||
Other creditors |
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_______ | _______ | |||
Interest on the above loans is payable at 3.5% above bank base rate.
11.
Provisions
Deferred tax (note 12) | Total | ||
£ | £ | ||
At 1 November 2021 |
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Charges against provisions |
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_______ | _______ | ||
At 31 October 2022 |
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_______ | _______ | ||
12.
Deferred tax
The deferred tax included in the statement of financial position is as follows:
2022 | 2021 | |||
£ | £ | |||
Included in provisions (note 11) |
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_______ | _______ | |||
The deferred tax account consists of the tax effect of timing differences in respect of:
2022 | 2021 | |||
£ | £ | |||
Accelerated capital allowances |
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_______ | _______ | |||
13.
Controlling party