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REGISTERED NUMBER: 04704462 (England and Wales)















Pemizett Flowers Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023






Pemizett Flowers Limited (Registered number: 04704462)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pemizett Flowers Limited

Company Information
for the year ended 31 March 2023







Director: P Izzet





Registered office: New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 04704462 (England and Wales)





Accountants: Haines Watts South East LLP
Chartered Accountants
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

Pemizett Flowers Limited (Registered number: 04704462)

Balance Sheet
31 March 2023

2023 2022
Notes £ £ £ £
Fixed assets
Tangible assets 4 54,848 60,512

Current assets
Stocks 10,000 10,000
Debtors 5 5,547 5,799
Cash at bank and in hand - 4,182
15,547 19,981
Creditors
Amounts falling due within one year 6 68,260 68,651
Net current liabilities (52,713 ) (48,670 )
Total assets less current liabilities 2,135 11,842

Creditors
Amounts falling due after more than one
year

7

31,823

32,242
Net liabilities (29,688 ) (20,400 )

Capital and reserves
Called up share capital 8 1 1
Retained earnings 9 (29,689 ) (20,401 )
Shareholders' funds (29,688 ) (20,400 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Pemizett Flowers Limited (Registered number: 04704462)

Balance Sheet - continued
31 March 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 director and authorised for issue on 14 November 2023 and were signed by:





P Izzet - Director


Pemizett Flowers Limited (Registered number: 04704462)

Notes to the Financial Statements
for the year ended 31 March 2023


1. Statutory information

Pemizett Flowers Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents amounts receivable for goods provided in the year and is stated net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - in accordance with the property
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from the bank and other third parties, loans to related parties, and investment in ordinary shares.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Going concern
The financial statements have been prepared on a going concern basis. This assumes continued support from the director of the company for the foreseeable future.

Pemizett Flowers Limited (Registered number: 04704462)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 April 2022 111,001
Additions 2,525
At 31 March 2023 113,526
Depreciation
At 1 April 2022 50,489
Charge for year 8,189
At 31 March 2023 58,678
Net book value
At 31 March 2023 54,848
At 31 March 2022 60,512

5. Debtors: amounts falling due within one year
2023 2022
£ £
Other debtors 5,547 5,799

6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 12,757 10,648
Trade creditors 14,405 12,860
Taxation and social security 699 9,230
Other creditors 40,399 35,913
68,260 68,651

7. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans 31,823 32,242

Pemizett Flowers Limited (Registered number: 04704462)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 1 1

9. Reserves
Retained
earnings
£

At 1 April 2022 (20,401 )
Deficit for the year (9,288 )
At 31 March 2023 (29,689 )

10. Related party disclosures

As at the year end, the director was owed a sum of £2,819 (2022 : £1,777 owed to the company).