1 November 2022 false Taxfiler 2023.14 02979564business:PrivateLimitedCompanyLtd2022-11-012023-10-31 029795642022-10-31 029795642022-11-012023-10-31 02979564business:AuditExemptWithAccountantsReport2022-11-012023-10-31 02979564business:FilletedAccounts2022-11-012023-10-31 029795642023-10-31 02979564business:Director12022-11-012023-10-31 02979564business:CompanySecretary12022-11-012023-10-31 02979564business:RegisteredOffice2022-11-012023-10-31 029795642022-10-31 02979564core:WithinOneYear2023-10-31 02979564core:WithinOneYear2022-10-31 02979564core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 02979564core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 02979564core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 02979564core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 02979564core:PreviouslyStatedAmount2023-10-31 02979564core:PreviouslyStatedAmount2022-10-31 02979564business:SmallEntities2022-11-012023-10-31 02979564countries:EnglandWales2022-11-012023-10-31 02979564business:OrdinaryShareClass12022-11-012023-10-31 02979564business:OrdinaryShareClass12021-11-012022-10-31 029795642021-11-012022-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 02979564 (England and Wales)
PAIGE'S FISHING TACKLE LIMITED Unaudited accounts for the year ended 31 October 2023
PAIGE'S FISHING TACKLE LIMITED Unaudited accounts Contents
Page
- 2 -
PAIGE'S FISHING TACKLE LIMITED Company Information for the year ended 31 October 2023
Director
COLIN FEW
Secretary
COLIN FEW
Company Number
02979564 (England and Wales)
Registered Office
C/O LACEY & CO., ACCOUNTANTS 238A LONDON ROAD WATERLOOVILLE HAMPSHIRE PO7 7HB ENGLAND
Accountants
LACEY & CO., ACCOUNTANTS 238A LONDON ROAD WATERLOOVILLE HAMPSHIRE PO7 7HB
- 3 -
PAIGE'S FISHING TACKLE LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
7,500 
17,265 
Debtors
517 
558 
Cash at bank and in hand
2,531 
1,139 
10,548 
18,962 
Creditors: amounts falling due within one year
(2,991)
(3,436)
Net current assets
7,557 
15,526 
Net assets
7,557 
15,526 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
7,555 
15,524 
Shareholders' funds
7,557 
15,526 
For the year ending 31 October 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 14 March 2024 and were signed on its behalf by
COLIN FEW Director Company Registration No. 02979564
- 4 -
PAIGE'S FISHING TACKLE LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
PAIGE'S FISHING TACKLE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02979564. The registered office is C/O LACEY & CO., ACCOUNTANTS, 238A LONDON ROAD, WATERLOOVILLE, HAMPSHIRE, PO7 7HB, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Pension costs
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
517 
558 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
633 
633 
Loans from directors
1,462 
1,920 
Accruals
896 
883 
2,991 
3,436 
- 5 -
PAIGE'S FISHING TACKLE LIMITED Notes to the Accounts for the year ended 31 October 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -