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REGISTERED NUMBER: 11593690 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Pucka Pads Ltd

Pucka Pads Ltd (Registered number: 11593690)






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


Pucka Pads Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTORS: M Cook
Mrs M Cook





REGISTERED OFFICE: 3 Hicks Close
Wroughton
Swindon
SN4 9AY





REGISTERED NUMBER: 11593690 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

Pucka Pads Ltd (Registered number: 11593690)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,431 4,264
Investment property 5 776,724 446,160
779,155 450,424

CURRENT ASSETS
Cash at bank 2,495 9,408

CREDITORS
Amounts falling due within one year 6 4,848 4,821
NET CURRENT (LIABILITIES)/ASSETS (2,353 ) 4,587
TOTAL ASSETS LESS CURRENT
LIABILITIES

776,802

455,011

CREDITORS
Amounts falling due after more than one
year

7

(652,832

)

(404,847

)

PROVISIONS FOR LIABILITIES (17,688 ) (6,722 )
NET ASSETS 106,282 43,442

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 73,801 25,201
Retained earnings 32,479 18,239
106,282 43,442

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.

Pucka Pads Ltd (Registered number: 11593690)

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 28 February 2024 and were signed on its behalf by:




Mrs M Cook - Director



M Cook - Director


Pucka Pads Ltd (Registered number: 11593690)

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

1. STATUTORY INFORMATION

Pucka Pads Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Pucka Pads Ltd (Registered number: 11593690)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022
and 30 September 2023 9,164
DEPRECIATION
At 1 October 2022 4,900
Charge for year 1,833
At 30 September 2023 6,733
NET BOOK VALUE
At 30 September 2023 2,431
At 30 September 2022 4,264

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 446,160
Additions 270,564
Revaluations 60,000
At 30 September 2023 776,724
NET BOOK VALUE
At 30 September 2023 776,724
At 30 September 2022 446,160

Pucka Pads Ltd (Registered number: 11593690)

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

5. INVESTMENT PROPERTY - continued

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2019 17,333
Valuation in 2021 13,780
Valuation in 2023 60,000
Cost 685,611
776,724

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 4,186 4,445
Other creditors 662 376
4,848 4,821

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 74,057 -
Other creditors 578,775 404,847
652,832 404,847

8. RESERVES
Fair
value
reserve
£   
At 1 October 2022 25,201
Revaluation 48,600

At 30 September 2023 73,801