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Company Registration No. 08832474 (England and Wales)
Panesar Construction Management Ltd. Unaudited accounts for the year ended 31 January 2023
Panesar Construction Management Ltd. Unaudited accounts Contents
Page
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Panesar Construction Management Ltd. Company Information for the year ended 31 January 2023
Director
Manpreet Singh Panesar
Company Number
08832474 (England and Wales)
Registered Office
124 City Road London EC1V 2NX United Kingdom
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Panesar Construction Management Ltd. Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,071 
4,392 
Current assets
Debtors
(1,806)
93,150 
Cash at bank and in hand
23,783 
9,005 
21,977 
102,155 
Creditors: amounts falling due within one year
(18,980)
(103,679)
Net current assets/(liabilities)
2,997 
(1,524)
Net assets
6,068 
2,868 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
5,068 
1,868 
Shareholders' funds
6,068 
2,868 
For the year ending 31 January 2023 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 21 October 2023 and were signed on its behalf by
Manpreet Singh Panesar Director Company Registration No. 08832474
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Panesar Construction Management Ltd. Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Panesar Construction Management Ltd. is a private company, limited by shares, registered in England and Wales, registration number 08832474. The registered office is 124 City Road, London, EC1V 2NX, United Kingdom.
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:
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2022
6,929 
Additions
549 
At 31 January 2023
7,478 
Depreciation
At 1 February 2022
2,537 
Charge for the year
1,870 
At 31 January 2023
4,407 
Net book value
At 31 January 2023
3,071 
At 31 January 2022
4,392 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
(5,842)
22,768 
Other debtors
4,036 
70,382 
(1,806)
93,150 
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Panesar Construction Management Ltd. Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
22,841 
Taxes and social security
- 
17,838 
Proposed dividends
- 
63,000 
Other creditors
1,000 
- 
Loans from directors
17,980 
- 
18,980 
103,679 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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