2022-02-012023-01-312023-01-31false10578615PAQ SERVICES 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PAQ SERVICES LTD

Registered Number
10578615
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2023

PAQ SERVICES LTD
Company Information
for the year from 1 February 2022 to 31 January 2023

Directors

ALLEN, Joshua
OJECHI, Chiamaka

Registered Address

Unit 1 6-12 Tulse Hill
London
SW2 2TP

Registered Number

10578615 (England and Wales)
PAQ SERVICES LTD
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Current assets
Debtors200,998-
Cash at bank and on hand92,058139,832
293,056139,832
Creditors amounts falling due within one year(117,902)(101,186)
Net current assets (liabilities)175,15438,646
Total assets less current liabilities175,15438,646
Creditors amounts falling due after one year(35,802)(46,451)
Net assets139,352(7,805)
Capital and reserves
Called up share capital11
Profit and loss account139,351(7,806)
Shareholders' funds139,352(7,805)
The financial statements were approved and authorised for issue by the Board of Directors on 28 August 2023, and are signed on its behalf by:
ALLEN, Joshua
Director
Registered Company No. 10578615
PAQ SERVICES LTD
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year77