Registered Number 12890870

PAYNE ELECTRICS LTD

Micro-entity Accounts

5 April 2023

PAYNE ELECTRICS LTD Registered Number 12890870

Micro-entity Balance Sheet as at 5 April 2023

Notes 2023 2022
£ £
Fixed Assets
27,612
9,600
Current Assets
46,223
44,097
Creditors: amounts falling due within one year
(16,545)
(19,594)
Net current assets (liabilities)
29,678
24,503
Total assets less current liabilities
57,290
34,103
Creditors: amounts falling due after more than one year
(15,409)
-
Total net assets (liabilities)
41,881
34,103
Capital and reserves
41,881
34,103
  • For the year ending 5 April 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 November 2023

And signed on their behalf by:
Luke Payne, Director

PAYNE ELECTRICS LTD Registered Number 12890870

Notes to the Micro-entity Accounts for the period ended 5 April 2023

1Employees
2023 2022
Average number of employees during the period 3 3