Company Registration No. 04507357 (England and Wales)
PAP SERVICES LTD
Unaudited accounts
for the year ended 31 March 2023
PAP SERVICES LTD
Unaudited accounts
Contents
PAP SERVICES LTD
Company Information
for the year ended 31 March 2023
Company Number
04507357 (England and Wales)
Registered Office
4 Laurimel Close
September Way
Stanmore
Middlesex
HA7 2SU
Accountants
WNA Accountants Limited
4 Imperial Place
Maxwell Road
Borehamwood
WD6 1JN
PAP SERVICES LTD
Statement of financial position
as at 31 March 2023
Tangible assets
3,879
5,879
Cash at bank and in hand
3,583
26,634
Creditors: amounts falling due within one year
(24,850)
(110,630)
Net current assets
33,045
7,210
Total assets less current liabilities
42,601
62,845
Creditors: amounts falling due after more than one year
(56,024)
(47,888)
Net (liabilities)/assets
(13,423)
14,957
Called up share capital
1,300
1,300
Profit and loss account
(14,723)
13,657
Shareholders' funds
(13,423)
14,957
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 1 September 2023 and were signed on its behalf by
Behnam Menhadji
Director
Company Registration No. 04507357
PAP SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2023
PAP SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 04507357. The registered office is 4 Laurimel Close, September Way, Stanmore, Middlesex, HA7 2SU.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
25% WDV method
Computer equipment
25% WDV method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
3,170
31,843
35,013
At 31 March 2023
3,170
31,843
35,013
At 1 April 2022
1,833
27,301
29,134
Charge for the year
334
1,666
2,000
At 31 March 2023
2,167
28,967
31,134
At 31 March 2023
1,003
2,876
3,879
At 31 March 2022
1,337
4,542
5,879
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Investments
Other investments
Valuation at 1 April 2022
49,756
Valuation at 31 March 2023
5,677
PAP SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
-
17,450
Other debtors
53,860
1,735
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
24,816
-
Taxes and social security
-
19,581
Loans from directors
-
10,935
8
Creditors: amounts falling due after more than one year
2023
2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
(10,935)
64,175
-
53,240
The loan repaid within the 9 months of the year end.
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Average number of employees
During the year the average number of employees was 2 (2022: 1).