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REGISTERED NUMBER: 06690778 (England and Wales)











Unaudited Financial Statements for the Year Ended 30 September 2023

for

Paul Winkley Limited

Paul Winkley Limited (Registered number: 06690778)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Paul Winkley Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: Mr Paul Winkley
Mrs Sandra Winkley





REGISTERED OFFICE: ASM House
103A Keymer Road
Hassocks
West Sussex
BN6 8QL





REGISTERED NUMBER: 06690778 (England and Wales)

Paul Winkley Limited (Registered number: 06690778)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 58,200 77,600
Tangible assets 5 199 265
58,399 77,865

CURRENT ASSETS
Debtors 6 1,108 4,430
Cash at bank 74,520 71,253
75,628 75,683
CREDITORS
Amounts falling due within one year 7 46,077 42,467
NET CURRENT ASSETS 29,551 33,216
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,950

111,081

CREDITORS
Amounts falling due after more than one year 8 27,174 36,844
NET ASSETS 60,776 74,237

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9 60,774 74,235
SHAREHOLDERS' FUNDS 60,776 74,237

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

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.

Paul Winkley Limited (Registered number: 06690778)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by:





Mr Paul Winkley - Director


Paul Winkley Limited (Registered number: 06690778)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Paul Winkley 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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.

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 - 25% on reducing balance

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.

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.

Paul Winkley Limited (Registered number: 06690778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2022
and 30 September 2023 194,000
AMORTISATION
At 1 October 2022 116,400
Charge for year 19,400
At 30 September 2023 135,800
NET BOOK VALUE
At 30 September 2023 58,200
At 30 September 2022 77,600

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 11,522
DEPRECIATION
At 1 October 2022 11,257
Charge for year 66
At 30 September 2023 11,323
NET BOOK VALUE
At 30 September 2023 199
At 30 September 2022 265

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 1,108 4,430

Paul Winkley Limited (Registered number: 06690778)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 1,852 2,642
Taxation and social security 41,804 37,473
Other creditors 2,421 2,352
46,077 42,467

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 27,174 36,844

9. RESERVES
Retained
earnings
£   

At 1 October 2022 74,235
Profit for the year 130,639
Dividends (144,100 )
At 30 September 2023 60,774