Paul Donno & Co Limited 04136627 true 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is dormant Digita Accounts Production Advanced 6.30.9574.0 true K F Senior false 04136627 2022-07-01 2023-06-30 04136627 2023-06-30 04136627 bus:OrdinaryShareClass1 2023-06-30 04136627 core:RetainedEarningsAccumulatedLosses 2023-06-30 04136627 core:ShareCapital 2023-06-30 04136627 core:CurrentFinancialInstruments 2023-06-30 04136627 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 04136627 bus:FRS102 2022-07-01 2023-06-30 04136627 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 04136627 bus:FullAccounts 2022-07-01 2023-06-30 04136627 bus:RegisteredOffice 2022-07-01 2023-06-30 04136627 bus:Director2 2022-07-01 2023-06-30 04136627 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 04136627 bus:EntityNoLongerTradingButTradedInPast 2022-07-01 2023-06-30 04136627 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 04136627 countries:EnglandWales 2022-07-01 2023-06-30 04136627 2022-06-30 04136627 bus:OrdinaryShareClass1 2022-06-30 04136627 core:RetainedEarningsAccumulatedLosses 2022-06-30 04136627 core:ShareCapital 2022-06-30 04136627 core:CurrentFinancialInstruments 2022-06-30 04136627 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04136627

Paul Donno & Co Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2023

 

Paul Donno & Co Limited

(Registration number: 04136627)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Current assets

 

Debtors

3

80

80

Creditors: Amounts falling due within one year

4

(129,476)

(129,476)

Net liabilities

 

(129,396)

(129,396)

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

(129,496)

(129,496)

Shareholders' deficit

 

(129,396)

(129,396)

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 1 March 2024
 

.........................................
K F Senior
Director

 

Paul Donno & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
59 Abbeygate Street
Bury St Edmunds
Suffolk
IP33 1LB

These financial statements were authorised for issue by the director on 1 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company is no longer trading and has a tax liability for which it has no assets with which to make payment. It is therefore not a going concern and the accounts have not been prepared on the going concern basis.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Paul Donno & Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

3

Debtors

Current

2023
£

2022
£

Other debtors

80

80

 

80

80

4

Creditors

2023
£

2022
£

Due within one year

Social security and other taxes

129,476

129,476

5

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100