REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2023 |
for |
PUNJABAN LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2023 |
for |
PUNJABAN LIMITED |
PUNJABAN LIMITED (REGISTERED NUMBER: 09461434) |
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 |
PUNJABAN LIMITED |
Company Information |
for the year ended 31 MARCH 2023 |
DIRECTORS: |
REGISTERED OFFICE: | 21 Trimley Close |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Thistledown Barn |
Holcot Lane |
Sywell |
Northampton |
Northamptonshire |
NN6 0BG |
PUNJABAN LIMITED (REGISTERED NUMBER: 09461434) |
Balance Sheet |
31 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year | 7 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Share premium | 9 |
Retained earnings | 9 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their 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. |
PUNJABAN LIMITED (REGISTERED NUMBER: 09461434) |
Balance Sheet - continued |
31 MARCH 2023 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
PUNJABAN LIMITED (REGISTERED NUMBER: 09461434) |
Notes to the Financial Statements |
for the year ended 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
Punjaban Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of Freehold Property. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Computer equipment | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
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. |
Going concern |
Having due regards to cash flow forecasts, the directors consider that based on their continued support, it is appropriate to prepare the accounts on a going concern basis. |
3. | EMPLOYEES |
The average number of employees during the year was NIL (2022 - |
PUNJABAN LIMITED (REGISTERED NUMBER: 09461434) |
Notes to the Financial Statements - continued |
for the year ended 31 MARCH 2023 |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 April 2022 |
Additions |
At 31 March 2023 |
DEPRECIATION |
At 1 April 2022 |
and 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 March 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans |
PUNJABAN LIMITED (REGISTERED NUMBER: 09461434) |
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: | £ | £ |
A | £1 | 315 | 315 |
B | £1 | 315 | 315 |
C | £1 | 70 | 70 |
D | £1 | 240 | 240 |
E | £1 | 60 | 60 |
1,000 | 1,000 |
9. | RESERVES |
Retained | Share |
earnings | premium | Totals |
£ | £ | £ |
At 1 April 2022 | ( |
) | (165,115 | ) |
Deficit for the year | ( |
) | ( |
) |
At 31 March 2023 | ( |
) | (167,364 | ) |
10. | RELATED PARTY DISCLOSURES |
During the period the Company had a balance due of £1,015 (2022: £1,015) to a company with a connected person as director. At the year end this balance was still outstanding. |
There were also transactions made to another company with a connected person as a director of £79,676 (2022: £588) At the year end this balance was still outstanding |