Company Registration No. 13030768 (England and Wales)
Pascal Investment Company Ltd
Unaudited accounts
for the year ended 30 November 2023
Pascal Investment Company Ltd
Unaudited accounts
Contents
Pascal Investment Company Ltd
Statement of financial position
as at 30 November 2023
Investment property
142,190
67,000
Cash at bank and in hand
2,511
17,112
Creditors: amounts falling due within one year
(40,818)
(36,335)
Net current liabilities
(38,307)
(19,223)
Total assets less current liabilities
103,883
47,777
Creditors: amounts falling due after more than one year
(102,235)
(47,105)
Called up share capital
1
1
Profit and loss account
1,647
671
Shareholders' funds
1,648
672
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2024 and were signed on its behalf by
Mr Jordan Pascal
Director
Company Registration No. 13030768
Pascal Investment Company Ltd
Notes to the Accounts
for the year ended 30 November 2023
Pascal Investment Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 13030768. The registered office is 4 New Waverley Road , Basildon, SS15 4BH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 December 2022
67,000
At 30 November 2023
142,190
Investment property is shown at most recent valuation.
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
39,918
35,635
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans is secured debt of the business.
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).