IRIS Accounts Production v22.4.0.132 SC268058 director 18.11.22 17.11.23 17.11.23 The Principal activity of the company in the year under review was that of running a website for information. 0 0 false true false false false true false 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2680582022-11-17SC2680582023-11-17SC2680582022-11-182023-11-17SC2680582021-11-17SC2680582021-11-182022-11-17SC2680582022-11-17SC268058ns16:Scotland2022-11-182023-11-17SC268058ns15:PoundSterling2022-11-182023-11-17SC268058ns11:Director12022-11-182023-11-17SC268058ns11:PrivateLimitedCompanyLtd2022-11-182023-11-17SC268058ns11:SmallEntities2022-11-182023-11-17SC268058ns11:AuditExempt-NoAccountantsReport2022-11-182023-11-17SC268058ns11:SmallCompaniesRegimeForDirectorsReport2022-11-182023-11-17SC268058ns11:SmallCompaniesRegimeForAccounts2022-11-182023-11-17SC268058ns11:FullAccounts2022-11-182023-11-17SC26805812022-11-182023-11-17SC268058ns11:CompanySecretary12022-11-182023-11-17SC268058ns11:RegisteredOffice2022-11-182023-11-17SC268058ns6:CurrentFinancialInstruments2023-11-17SC268058ns6:CurrentFinancialInstruments2022-11-17SC268058ns6:ShareCapital2023-11-17SC268058ns6:ShareCapital2022-11-17SC268058ns6:RetainedEarningsAccumulatedLosses2023-11-17SC268058ns6:RetainedEarningsAccumulatedLosses2022-11-17SC268058ns6:IntangibleAssetsOtherThanGoodwill2022-11-182023-11-17SC268058ns6:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-11-182023-11-17SC268058ns6:PlantMachinery2022-11-182023-11-17SC268058ns6:IntangibleAssetsOtherThanGoodwill2022-11-17SC268058ns6:IntangibleAssetsOtherThanGoodwill2023-11-17SC268058ns6:IntangibleAssetsOtherThanGoodwill2022-11-17SC268058ns6:PlantMachinery2022-11-17SC268058ns6:PlantMachinery2023-11-17
REGISTERED NUMBER: SC268058 (Scotland)















Report of the Director and

Unaudited Financial Statements for the Year Ended 17 November 2023

for

Pride of Pakistan Limited

Pride of Pakistan Limited (Registered number: SC268058)






Contents of the Financial Statements
for the Year Ended 17 November 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Pride of Pakistan Limited

Company Information
for the Year Ended 17 November 2023







DIRECTOR: I Ahmad





SECRETARY:





REGISTERED OFFICE: 7 Parkholm Quadrant
Glasgow
Strathclyde
G53 7ZH





REGISTERED NUMBER: SC268058 (Scotland)






Pride of Pakistan Limited (Registered number: SC268058)

Report of the Director
for the Year Ended 17 November 2023

The director presents his report with the financial statements of the company for the year ended 17 November 2023.

DIRECTOR
I Ahmad held office during the whole of the period from 18 November 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





I Ahmad - Director


24 December 2023

Pride of Pakistan Limited (Registered number: SC268058)

Income Statement
for the Year Ended 17 November 2023

17.11.23 17.11.22
£    £   

TURNOVER 125 123

Administrative expenses 362 528
OPERATING LOSS and
LOSS BEFORE TAXATION (237 ) (405 )

Tax on loss - -
LOSS FOR THE FINANCIAL YEAR (237 ) (405 )

Pride of Pakistan Limited (Registered number: SC268058)

Balance Sheet
17 November 2023

17.11.23 17.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,198 6,198
Tangible assets 5 - -
6,198 6,198

CURRENT ASSETS
Cash at bank 169 306

CREDITORS
Amounts falling due within one year 6 32,292 32,192
NET CURRENT LIABILITIES (32,123 ) (31,886 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,925 ) (25,688 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (26,025 ) (25,788 )
SHAREHOLDERS' FUNDS (25,925 ) (25,688 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 17 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 17 November 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 24 December 2023 and were signed by:





I Ahmad - Director


Pride of Pakistan Limited (Registered number: SC268058)

Notes to the Financial Statements
for the Year Ended 17 November 2023

1. STATUTORY INFORMATION

Pride of Pakistan Limited is a private company, limited by shares , registered in Scotland. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 NIL (2022 - NIL).

Pride of Pakistan Limited (Registered number: SC268058)

Notes to the Financial Statements - continued
for the Year Ended 17 November 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 18 November 2022
and 17 November 2023 6,198
NET BOOK VALUE
At 17 November 2023 6,198
At 17 November 2022 6,198

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 18 November 2022
and 17 November 2023 2,292
DEPRECIATION
At 18 November 2022
and 17 November 2023 2,292
NET BOOK VALUE
At 17 November 2023 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
17.11.23 17.11.22
£    £   
Other creditors 32,292 32,192