PASCAL VAILLANT LIMITED

Company Registration Number:
12975471 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 1 November 2021

End date: 31 October 2022

PASCAL VAILLANT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PASCAL VAILLANT LIMITED

Directors' report period ended 31 October 2022

The directors present their report with the financial statements of the company for the period ended 31 October 2022

Principal activities of the company

58210: Publishing of computer games



Directors

The director shown below has held office during the period of
19 August 2022 to 31 October 2022

Liam Collins


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 November 2022

And signed on behalf of the board by:
Name: Liam Collins
Status: Director

PASCAL VAILLANT LIMITED

Profit And Loss Account

for the Period Ended 31 October 2022

2022 2021


£

£
Turnover: 3,376,076 1,125,358
Cost of sales: ( 2,169,023 ) ( 723,007 )
Gross profit(or loss): 1,207,053 402,351
Administrative expenses: ( 457,417 ) ( 152,472 )
Other operating income: 57,441 19,147
Operating profit(or loss): 807,077 269,026
Profit(or loss) before tax: 807,077 269,026
Tax: ( 153,344 ) ( 51,114 )
Profit(or loss) for the financial year: 653,733 217,912

PASCAL VAILLANT LIMITED

Balance sheet

As at 31 October 2022

Notes 2022 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 138,079 46,026
Total fixed assets: 138,079 46,026
Current assets
Stocks: 4 347,983 115,994
Debtors: 5 246,159 82,053
Cash at bank and in hand: 229,938 76,646
Total current assets: 824,080 274,693
Creditors: amounts falling due within one year: 6 ( 302,762 ) ( 100,920 )
Net current assets (liabilities): 521,318 173,773
Total assets less current liabilities: 659,397 219,799
Total net assets (liabilities): 659,397 219,799
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 659,396 219,798
Total Shareholders' funds: 659,397 219,799

The notes form part of these financial statements

PASCAL VAILLANT LIMITED

Balance sheet statements

For the year ending 31 October 2022 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 November 2022
and signed on behalf of the board by:

Name: Liam Collins
Status: Director

The notes form part of these financial statements

PASCAL VAILLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from rendering of services. Turnover from the sale of goods is recognised when the significant 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 contract, The stage of the completion of the contract is measured by comparing the costs of the work performed to date to the total estimated contracts value.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, Other than freehold land, at rates calculated to write off the costs, less the estimated residual value, of each asset evenly over its expected useful life, as follows,freehold buildings over 50 years, leasehold land and buildings over the lease term, plant and machinery over 5 years, fixtures, fittings, tools and equipment over 5 years.

    Intangible fixed assets amortisation policy

    Intangible assets are measured at the cost less accumulative ammortisation and accumulative impairment losses.

PASCAL VAILLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 6 5

PASCAL VAILLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2021 54,385 18,648 73,033
Additions 68,006 34,849 102,855
Disposals
Revaluations
Transfers
At 31 October 2022 122,391 53,497 175,888
Depreciation
At 1 November 2021 19,818 7,189 27,007
Charge for year 2,919 7,883 10,802
On disposals
Other adjustments
At 31 October 2022 22,737 15,072 37,809
Net book value
At 31 October 2022 99,654 38,425 138,079
At 31 October 2021 34,567 11,459 46,026

PASCAL VAILLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Stocks

2022 2021
£ £
Stocks 347,983 115,994
Total 347,983 115,994

PASCAL VAILLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Debtors

2022 2021
£ £
Trade debtors 246,159 82,053
Total 246,159 82,053

PASCAL VAILLANT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 127,817 42,605
Taxation and social security 160,349 53,449
Other creditors 14,596 4,866
Total 302,762 100,920