Company Registration No. 10516124 (England and Wales)
PAGHMAN LTD
Unaudited accounts
for the year ended 31 December 2022
PAGHMAN LTD
Unaudited accounts
Contents
PAGHMAN LTD
Company Information
for the year ended 31 December 2022
Company Number
10516124 (England and Wales)
Registered Office
19 NICHOLS ROAD
SOUTHAMPTON
SO14 0NS
ENGLAND
Accountants
Rapid Accountants Ltd
19 Nichols Road
southampton
England
SO14 0NS
PAGHMAN LTD
Statement of financial position
as at 31 December 2022
Tangible assets
1,327
1,693
Cash at bank and in hand
26,002
19,932
Creditors: amounts falling due within one year
2,228
278
Net current assets
31,996
24,160
Called up share capital
40
40
Profit and loss account
33,283
25,813
Shareholders' funds
33,323
25,853
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2023 and were signed on its behalf by
Mohammed Khan
Director
Company Registration No. 10516124
PAGHMAN LTD
Notes to the Accounts
for the year ended 31 December 2022
PAGHMAN LTD is a private company, limited by shares, registered in England and Wales, registration number 10516124. The registered office is 19 NICHOLS ROAD, SOUTHAMPTON, SO14 0NS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
20%
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
3,265
1,225
4,490
At 31 December 2022
3,265
1,225
4,490
At 1 January 2022
2,123
674
2,797
Charge for the year
228
138
366
At 31 December 2022
2,351
812
3,163
At 31 December 2022
914
413
1,327
At 31 December 2021
1,142
551
1,693
PAGHMAN LTD
Notes to the Accounts
for the year ended 31 December 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
9,996
11,779
Loans from directors
(14,821)
(17,321)
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).