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REGISTERED NUMBER: 09448716 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Pancapital Building & Maintenance
Limited

Pancapital Building & Maintenance
Limited (Registered number: 09448716)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pancapital Building & Maintenance
Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: S Riaz





REGISTERED OFFICE: 68 Redbridge
Peterborough
Cambridgeshire
PE4 5DR





REGISTERED NUMBER: 09448716 (England and Wales)





ACCOUNTANTS: Isaacs
Trust House
St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL

Pancapital Building & Maintenance
Limited (Registered number: 09448716)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,330 27,447

CURRENT ASSETS
Stocks - 24,192
Debtors 5 46,633 968,538
Cash at bank and in hand 5,860 212,217
52,493 1,204,947
CREDITORS
Amounts falling due within one year 6 207,460 1,127,792
NET CURRENT (LIABILITIES)/ASSETS (154,967 ) 77,155
TOTAL ASSETS LESS CURRENT
LIABILITIES

(131,637

)

104,602

CREDITORS
Amounts falling due after more than one
year

7

72,483

97,282
NET (LIABILITIES)/ASSETS (204,120 ) 7,320

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (204,220 ) 7,220
SHAREHOLDERS' FUNDS (204,120 ) 7,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Pancapital Building & Maintenance
Limited (Registered number: 09448716)

Balance Sheet - continued
28 February 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 22 November 2023 and were signed by:





S Riaz - Director


Pancapital Building & Maintenance
Limited (Registered number: 09448716)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Pancapital Building & Maintenance 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Pancapital Building & Maintenance
Limited (Registered number: 09448716)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 50,500
DEPRECIATION
At 1 March 2022 23,053
Charge for year 4,117
At 28 February 2023 27,170
NET BOOK VALUE
At 28 February 2023 23,330
At 28 February 2022 27,447

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 876,190
Other debtors 46,633 92,348
46,633 968,538

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 28,396 9,844
Trade creditors 1 2,919
Taxation and social security 75,030 245,029
Other creditors 104,033 870,000
207,460 1,127,792

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 72,483 97,282

Pancapital Building & Maintenance
Limited (Registered number: 09448716)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
BBL Loan 32,244 42,892
BBL Loan - Metro 40,239 50,000
72,483 92,892