IRIS Accounts Production v23.3.1.45 06621637 director 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066216372022-02-28066216372023-02-28066216372022-03-012023-02-28066216372021-02-28066216372021-03-012022-02-28066216372022-02-2806621637ns10:Originalns15:EnglandWales2022-03-012023-02-2806621637ns14:PoundSterlingns10:Original2022-03-012023-02-2806621637ns10:Originalns10:Director12022-03-012023-02-2806621637ns10:Original2022-03-012023-02-2806621637ns10:Original2023-02-2806621637ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2806621637ns10:Originalns10:SmallEntities2022-03-012023-02-2806621637ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2806621637ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2806621637ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2806621637ns10:Originalns10:FullAccounts2022-03-012023-02-2806621637ns10:CompanySecretary1ns10:Original2022-03-012023-02-2806621637ns10:Originalns10:RegisteredOffice2022-03-012023-02-2806621637ns10:Original2022-02-2806621637ns10:Originalns5:CurrentFinancialInstruments2023-02-2806621637ns10:Originalns5:CurrentFinancialInstruments2022-02-2806621637ns5:ShareCapitalns10:Original2023-02-2806621637ns5:ShareCapitalns10:Original2022-02-2806621637ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2806621637ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2806621637ns10:Original2021-03-012022-02-2806621637ns10:Originalns5:ComputerEquipment2022-02-2806621637ns10:Originalns5:ComputerEquipment2023-02-2806621637ns10:Originalns5:ComputerEquipment2022-02-2806621637ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2806621637ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 06621637 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

PASLA LIMITED

PASLA LIMITED (REGISTERED NUMBER: 06621637)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PASLA LIMITED

COMPANY INFORMATION
for the year ended 28 February 2023







DIRECTOR: N K Shoker





SECRETARY: K S Shoker





REGISTERED OFFICE: Parklands
Kinwalsey Lane
Meriden
Coventry
CV7 7HT





REGISTERED NUMBER: 06621637 (England and Wales)






PASLA LIMITED (REGISTERED NUMBER: 06621637)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,302 4,302

CURRENT ASSETS
Debtors 5 2,505 2,505
Cash at bank and in hand 973 973
3,478 3,478
CREDITORS
Amounts falling due within one year 6 (1,750 ) (1,750 )
NET CURRENT ASSETS 1,728 1,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,030

6,030

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 6,029 6,029
6,030 6,030

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 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 October 2023 and were signed by:





N K Shoker - Director


PASLA LIMITED (REGISTERED NUMBER: 06621637)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 28 February 2023


1. STATUTORY INFORMATION

Pasla Limited is a limited company, registered in England and Wales. Its registered office address is Parklands Kinwalsey Lane, Meriden, Coventry, CV7 7HTand the registered number is 06621637.

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 company was dormant throughout the current year and previous year.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated
impairment losses. Historical costs includes expenditure that is directly attributable to bringing the asset to the
location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Computer equipment - 33% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are
recognised in profit or loss.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.


PASLA LIMITED (REGISTERED NUMBER: 06621637)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 28 February 2023


2. ACCOUNTING POLICIES - continued
Taxation
The tax expense for the year comprises current and deferred tax.

Tax is recognised in profit or loss except that a change attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered
against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2022
and 28 February 2023 9,551
DEPRECIATION
At 1 March 2022
and 28 February 2023 5,249
NET BOOK VALUE
At 28 February 2023 4,302
At 28 February 2022 4,302

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,505 2,505

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,750 1,750