Paula Grizzard Limited Filleted Accounts Cover
Paula Grizzard Limited
Company No. 04044732
Information for Filing with The Registrar
30 September 2023
Paula Grizzard Limited Directors Report Registrar
The Director presents her report and the accounts for the year ended 30 September 2023.
Principal activities
The principal activity of the company during the year under review was networking events.
Director
The Director who served at any time during the year was as follows:
P. Grizzard
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
P. Grizzard
Director
25 October 2023
Paula Grizzard Limited Balance Sheet Registrar
at
30 September 2023
Company No.
04044732
Notes
2023
2022
£
£
Fixed assets
Intangible assets
4
306386
Tangible assets
5
4,3854,973
4,6915,359
Current assets
Debtors
6
6,72810,002
Cash at bank and in hand
3,7747,565
10,50217,567
Creditors: Amount falling due within one year
7
(8,811)
(12,897)
Net current assets
1,6914,670
Total assets less current liabilities
6,38210,029
Creditors: Amounts falling due after more than one year
8
(6,255)
(9,886)
Net assets
127143
Capital and reserves
Called up share capital
100100
Profit and loss account
10
2743
Total equity
127143
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 September 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 25 October 2023
And signed on its behalf by:
P. Grizzard
Director
25 October 2023
Paula Grizzard Limited Notes to the Accounts Registrar
for the year ended 30 September 2023
1
General information
Its registered number is: 04044732
Its registered office is:
The Gatehouse
Mansion Gate
Chapel Allerton
Leeds
LS7 4RF
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Intangible fixed assets
Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Furniture, fittings and equipment
15% reducing balance (50% on computers)
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
11
4
Intangible fixed assets
Other
Total
£
£
Cost
At 1 October 2022
803803
At 30 September 2023
803803
Amortisation and impairment
At 1 October 2022
417417
Charge for the year
8080
At 30 September 2023
497497
Net book values
At 30 September 2023
306306
At 30 September 2022
386386
Company specific personalised number plate - amortised over 10 years.
5
Tangible fixed assets
Land and buildings
Fixtures, fittings and equipment
Total
£
£
£
Cost or revaluation
At 1 October 2022
25,87950,32376,202
Additions
-404404
Disposals
(25,879)
-
(25,879)
At 30 September 2023
-50,72750,727
Depreciation
At 1 October 2022
25,87945,35071,229
Charge for the year
-992992
Disposals
(25,879)
-
(25,879)
At 30 September 2023
-46,34246,342
Net book values
At 30 September 2023
-4,3854,385
At 30 September 2022
-
4,973
4,973
6
Debtors
2023
2022
£
£
Trade debtors
9226,355
Corporation tax recoverable
1,279-
Loans to directors
3,7913,127
Prepayments and accrued income
736520
6,72810,002
7
Creditors:
amounts falling due within one year
2023
2022
£
£
Other loans
3,6313,539
Trade creditors
572876
Taxes and social security
3,412
7,220
Accruals and deferred income
1,1961,262
8,81112,897
8
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
6,2559,886
6,2559,886
9
Share Capital
95 Ordinary A Shares and 5 Ordinary B Shares allocated, called up and fully paid.
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
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