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Company Registration No. 10516124 (England and Wales)
PAGHMAN LTD Unaudited accounts for the year ended 31 December 2022
PAGHMAN LTD Unaudited accounts Contents
Page
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PAGHMAN LTD Company Information for the year ended 31 December 2022
Director
Mohammed Khan
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
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PAGHMAN LTD Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,327 
1,693 
Current assets
Inventories
3,766 
3,950 
Cash at bank and in hand
26,002 
19,932 
29,768 
23,882 
Creditors: amounts falling due within one year
2,228 
278 
Net current assets
31,996 
24,160 
Net assets
33,323 
25,853 
Capital and reserves
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
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PAGHMAN LTD Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
10%
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
25%
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 
Depreciation
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 
Net book value
At 31 December 2022
914 
413 
1,327 
At 31 December 2021
1,142 
551 
1,693 
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PAGHMAN LTD Notes to the Accounts for the year ended 31 December 2022
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
1,325 
4,742 
Taxes and social security
9,996 
11,779 
Loans from directors
(14,821)
(17,321)
Accruals
1,272 
522 
(2,228)
(278)
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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