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REGISTERED NUMBER: 13929748 (England and Wales)



















Financial Statements

for the period

21st February 2022 to 31st March 2023

for

PASHN LIMITED

PASHN LIMITED (REGISTERED NUMBER: 13929748)






Contents of the Financial Statements
for the period 21st February 2022 to 31st March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PASHN LIMITED

Company Information
for the period 21st February 2022 to 31st March 2023







DIRECTORS: A Hopkinson
P Jones
R D Pollock
D Swannell
M Woolley



REGISTERED OFFICE: 94 White Lion Street
London
N1 9PF



REGISTERED NUMBER: 13929748 (England and Wales)



SENIOR STATUTORY AUDITOR: Alasdair Weaks



AUDITORS: Simpson Wreford & Partners
Chartered Accountants & Statutory Auditors
Suffolk House
George Street
Croydon
Surrey
CR0 0YN

PASHN LIMITED (REGISTERED NUMBER: 13929748)

Statement of Financial Position
31st March 2023

Notes £   
CURRENT ASSETS
Debtors 4 327,806
Cash at bank 18,899
346,705
CREDITORS
Amounts falling due within one year 5 374,677
NET CURRENT LIABILITIES (27,972 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,972 )

CAPITAL AND RESERVES
Called up share capital 10
Retained earnings (27,982 )
(27,972 )

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21st November 2023 and were signed on its behalf by:





A Hopkinson - Director


PASHN LIMITED (REGISTERED NUMBER: 13929748)

Notes to the Financial Statements
for the period 21st February 2022 to 31st March 2023

1. STATUTORY INFORMATION

Pashn 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.

The company has extended its year end to 31 March 2023.

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.

The financial statements have been prepared in British Pound Sterling (£), the functional currency of the company, and monetary amounts in these financial statements have been rounded to the nearest £.

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

Revenue from a contract to provide services is recognised in the period in which the services are provided when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the contract; and
- the stage of completion of the service at the end of the reporting period can be measured reliably.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PASHN LIMITED (REGISTERED NUMBER: 13929748)

Notes to the Financial Statements - continued
for the period 21st February 2022 to 31st March 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 257,111
Amounts owed by group undertakings 20,158
Other debtors 5,980
VAT 17,198
Prepayments and accrued income 27,359
327,806

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 317,093
Amounts owed to group undertakings 32,328
Social security and other taxes 12,214
Other creditors 2,033
Accruals and deferred income 11,009
374,677

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 28,875
Between one and five years 2,625
31,500

PASHN LIMITED (REGISTERED NUMBER: 13929748)

Notes to the Financial Statements - continued
for the period 21st February 2022 to 31st March 2023

7. AUDITOR'S INFORMATION

The audit report provided to the members of PASHN Limited on the financial statements for the period ended 31 March 2023 was not qualified.

The audit report was signed by Alasdair Weaks (Senior Statutory Auditor) for and on behalf of Simpson Wreford & Partners, Chartered Accountants and Statutory Auditor.

8. ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent company is What's Possible Marketing Group Limited, registered in England and Wales.

The ultimate controlling party is M Woolley, by virtue of his shareholding.

What's Possible Marketing Group Limited prepares consolidated financial statements and copies can be
obtained from 94 White Lion Street, London, N1 9PF, United Kingdom.