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Company Registration No. 12572469 (England and Wales)
PANESAR GROUP HOLDINGS LIMITED Unaudited accounts for the year ended 31 January 2023
PANESAR GROUP HOLDINGS LIMITED Unaudited accounts Contents
Page
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PANESAR GROUP HOLDINGS LIMITED Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
1,000 
1,000 
Current assets
Debtors
305,867 
- 
Cash at bank and in hand
20,995 
243,324 
326,862 
243,324 
Creditors: amounts falling due within one year
(1,056)
(636)
Net current assets
325,806 
242,688 
Net assets
326,806 
243,688 
Capital and reserves
Called up share capital
1,001 
1,001 
Profit and loss account
325,805 
242,687 
Shareholders' funds
326,806 
243,688 
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. 12572469
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PANESAR GROUP HOLDINGS LIMITED Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
PANESAR GROUP HOLDINGS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12572469. 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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 February 2022
1,000 
Valuation at 31 January 2023
1,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
305,867 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
636 
216 
Accruals
420 
420 
1,056 
636 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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