REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2022 |
FOR |
PDL (CUMBRIA) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2022 |
FOR |
PDL (CUMBRIA) LIMITED |
PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2022 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
PDL (CUMBRIA) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 OCTOBER 2022 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Tower |
Daltongate Business Centre |
Daltongate |
Ulverston |
Cumbria |
LA12 7AJ |
BANKERS: |
10 Elephants Yard |
Kendal |
Cumbria |
LA9 4LZ |
PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384) |
ABRIDGED BALANCE SHEET |
31 OCTOBER 2022 |
31.10.22 | 31.10.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384) |
ABRIDGED BALANCE SHEET - continued |
31 OCTOBER 2022 |
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 |
PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 OCTOBER 2022 |
1. | STATUTORY INFORMATION |
PDL (Cumbria) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on the going concern basis the directors having agreed to continue to support the company. |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding VAT. |
Tangible fixed assets |
Freehold property | - |
Improvements to property | - |
Plant and machinery | - |
Motor vehicles | - |
Leased vehicles | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 November 2021 |
Additions |
Disposals | ( |
) |
At 31 October 2022 |
DEPRECIATION |
At 1 November 2021 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 October 2022 |
NET BOOK VALUE |
At 31 October 2022 |
At 31 October 2021 |
PDL (CUMBRIA) LIMITED (REGISTERED NUMBER: 04557384) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 OCTOBER 2022 |
5. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.10.22 | 31.10.21 |
£ | £ |
Bank loans |
National Westminster Bank plc hold a legal charge over the company's freehold property securing all monies due or becoming due by the company. |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.10.22 | 31.10.21 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
7. | RELATED PARTY DISCLOSURES |
At 31st October 2022 Mr and Mrs P Latham, directors of the company, had on an unsecured interest free basis advanced £81,152 to the company. |
(Prior year £171,184) |
A peppercorn rent of £1 is paid to Mr and Mrs P Latham for the use of the garage building. |
8. | ULTIMATE CONTROLLING PARTY |
The company is controlled by Mr and Mrs P Latham. |