IRIS Accounts Production v23.3.0.418 01747572 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure017475722022-04-30017475722023-04-30017475722022-05-012023-04-30017475722021-04-30017475722021-05-012022-04-30017475722022-04-3001747572ns16:EnglandWales2022-05-012023-04-3001747572ns15:PoundSterling2022-05-012023-04-3001747572ns11:Director12022-05-012023-04-3001747572ns11:PrivateLimitedCompanyLtd2022-05-012023-04-3001747572ns11:SmallEntities2022-05-012023-04-3001747572ns11:AuditExempt-NoAccountantsReport2022-05-012023-04-3001747572ns11:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3001747572ns11:SmallCompaniesRegimeForAccounts2022-05-012023-04-3001747572ns11:FullAccounts2022-05-012023-04-3001747572ns11:Director22022-05-012023-04-3001747572ns11:CompanySecretary12022-05-012023-04-3001747572ns11:RegisteredOffice2022-05-012023-04-3001747572ns6:CurrentFinancialInstruments2023-04-3001747572ns6:CurrentFinancialInstruments2022-04-3001747572ns6:ShareCapital2023-04-3001747572ns6:ShareCapital2022-04-3001747572ns6:RevaluationReserve2023-04-3001747572ns6:RevaluationReserve2022-04-3001747572ns6:CapitalRedemptionReserve2023-04-3001747572ns6:CapitalRedemptionReserve2022-04-3001747572ns6:RetainedEarningsAccumulatedLosses2023-04-3001747572ns6:RetainedEarningsAccumulatedLosses2022-04-3001747572ns6:PlantMachinery2022-05-012023-04-3001747572ns6:PlantMachinery2022-04-3001747572ns6:PlantMachinery2023-04-3001747572ns6:PlantMachinery2022-04-3001747572ns6:WithinOneYearns6:CurrentFinancialInstruments2023-04-3001747572ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-30
REGISTERED NUMBER: 01747572 (England and Wales)















PAGEANT GRAPHICS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023






PAGEANT GRAPHICS LTD (REGISTERED NUMBER: 01747572)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAGEANT GRAPHICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: S Page
Mrs A Harrison





SECRETARY: S Page





REGISTERED OFFICE: Celixir House
Stratford Business and Technology Park
Stratford-upon-Avon
Warwickshire
CV37 7GZ





REGISTERED NUMBER: 01747572 (England and Wales)





ACCOUNTANTS: Murphy Salisbury Limited
Chartered Accountants
15 Warwick Road
Stratford-upon-Avon
Warwickshire
CV37 6YW

PAGEANT GRAPHICS LTD (REGISTERED NUMBER: 01747572)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 170 169
Investment property 5 559,752 385,000
559,922 385,169

CURRENT ASSETS
Stocks 41,469 23,350
Debtors 6 55,370 84,314
Cash at bank 185,417 372,970
282,256 480,634
CREDITORS
Amounts falling due within one year 7 342,531 312,673
NET CURRENT (LIABILITIES)/ASSETS (60,275 ) 167,961
TOTAL ASSETS LESS CURRENT
LIABILITIES

499,647

553,130

PROVISIONS FOR LIABILITIES 35,611 35,568
NET ASSETS 464,036 517,562

CAPITAL AND RESERVES
Called up share capital 20 20
Non - distributable reserves 117,450 117,450
Capital redemption reserve 80 80
Retained earnings 346,486 400,012
SHAREHOLDERS' FUNDS 464,036 517,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

PAGEANT GRAPHICS LTD (REGISTERED NUMBER: 01747572)

BALANCE SHEET - continued
30 APRIL 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 September 2023 and were signed on its behalf by:





S Page - Director


PAGEANT GRAPHICS LTD (REGISTERED NUMBER: 01747572)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Pageant Graphics Ltd is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover
The turnover and profit before taxation are attributable to the one principal activity of the company.

Turnover represents the amount derived from the provision of goods and services which fall within the company's ordinary activities, stated net of value added tax.

Investments
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - various in accordance with the asset

Investments are valued at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

PAGEANT GRAPHICS LTD (REGISTERED NUMBER: 01747572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2022 4,863
Additions 75
At 30 April 2023 4,938
DEPRECIATION
At 1 May 2022 4,694
Charge for year 74
At 30 April 2023 4,768
NET BOOK VALUE
At 30 April 2023 170
At 30 April 2022 169

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022 385,000
Additions 174,752
At 30 April 2023 559,752
NET BOOK VALUE
At 30 April 2023 559,752
At 30 April 2022 385,000

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2014 60,000
Valuation in 2017 10,000
Valuation in 2021 75,000
Cost 414,752
559,752

If investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 414,752 240,000

Investment property was valued on a fair value basis on 30 April 2023 by the company's directors .

Deferred tax has been recognised on all revaluations of fixed asset investments at the prevailing rate of tax.

PAGEANT GRAPHICS LTD (REGISTERED NUMBER: 01747572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 54,198 83,342
Other debtors 1,172 972
55,370 84,314

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 67,682 96,601
Taxation and social security 5,503 9,977
Other creditors 269,346 206,095
342,531 312,673