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REGISTERED NUMBER: 08846486















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023

FOR

PA FINANCIAL SERVICES LTD

PA FINANCIAL SERVICES LTD (REGISTERED NUMBER: 08846486)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

PA FINANCIAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: P E Ali
Miss H K Fowler





REGISTERED OFFICE: 248 Church Lane
London
NW9 8SL





REGISTERED NUMBER: 08846486





ACCOUNTANTS: Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL

PA FINANCIAL SERVICES LTD (REGISTERED NUMBER: 08846486)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 89,997 32,062

CURRENT ASSETS
Debtors 5 2,800 2,800
Cash at bank 10,867 43,250
13,667 46,050
CREDITORS
Amounts falling due within one year 6 50,691 46,135
NET CURRENT LIABILITIES (37,024 ) (85 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,973

31,977

CREDITORS
Amounts falling due after more than one
year

7

81,522

33,483
NET LIABILITIES (28,549 ) (1,506 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (28,649 ) (1,606 )
SHAREHOLDERS' FUNDS (28,549 ) (1,506 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

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.

PA FINANCIAL SERVICES LTD (REGISTERED NUMBER: 08846486)

BALANCE SHEET - continued
31 JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2023 and were signed on its behalf by:





P E Ali - Director


PA FINANCIAL SERVICES LTD (REGISTERED NUMBER: 08846486)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

Pa Financial Services Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the net invoiced fee income, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

PA FINANCIAL SERVICES LTD (REGISTERED NUMBER: 08846486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 47,916
Additions 83,995
At 31 January 2023 131,911
DEPRECIATION
At 1 February 2022 15,854
Charge for year 26,060
At 31 January 2023 41,914
NET BOOK VALUE
At 31 January 2023 89,997
At 31 January 2022 32,062

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,800 2,800

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 48,995 41,989
Other creditors 1,696 4,146
50,691 46,135

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 29,045 33,483
Hire purchase contracts 52,477 -
81,522 33,483

PA FINANCIAL SERVICES LTD (REGISTERED NUMBER: 08846486)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 29,045 33,483

PA FINANCIAL SERVICES LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
PA FINANCIAL SERVICES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Gill & Company
248 Church Lane
Kingsbury
London
NW9 8SL


18 October 2023