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Company registration number:
09906323
Pgaj Ltd
Unaudited Filleted Financial Statements for the year ended
31 December 2023
Pgaj Ltd
Statement of Financial Position
31 December 2023
20232022
££
Current assets
30,926
 
60,195
 
Prepayments and accrued income
779
 
214
 
Creditors: amounts falling due within one year
(5,194
)
(17,605
)
Net current assets
26,511
 
42,804
 
Creditors: amounts falling due after more than one year
(5,667
)
(13,966
)
Net assets
20,844
 
28,838
 
   
Capital and reserves
20,844
 
28,838
 

Notes to the Financial Statements

1 General information

1 General information
STATUTORY INFORMATION
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
29 Garfield Road
,
London
,
E13 8EN
, England.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial ReportingStandard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.
3. ACCOUNTING POLICIES
3.1 Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
3.2 Current Assets
CIS Tax Asset - £5,298
Other debtors: £16,246
Bank and cash in hand - £9,382
Prepayments - £779
Total: £31,705
3.3 Creditors: amounts falling due within one year
VAT payable: (£64)
PAYE and social security payable - £436
CIS Tax payable - £822
Short term loan: £4,000
Total: £5,194
3.4 Creditors: amounts falling due after more than one year
Bank loans due in more than one year - £5,667

2 Average number of employees

The average number of persons employed by the company during the year was
2
(2022:
2.00
).
For the year ending
31 December 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
19 April 2024
, and are signed on behalf of the board by:
P Petrov
Director
Company registration number:
09906323