Paw Project Ltd 14299702 false 2022-08-16 2023-08-31 2023-08-31 The principal activity of the company is Veterinary activities Digita Accounts Production Advanced 6.30.9574.0 true true 14299702 2022-08-16 2023-08-31 14299702 2023-08-31 14299702 core:RetainedEarningsAccumulatedLosses 2023-08-31 14299702 core:ShareCapital 2023-08-31 14299702 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 14299702 core:FurnitureFittingsToolsEquipment 2023-08-31 14299702 bus:SmallEntities 2022-08-16 2023-08-31 14299702 bus:AuditExemptWithAccountantsReport 2022-08-16 2023-08-31 14299702 bus:FullAccounts 2022-08-16 2023-08-31 14299702 bus:SmallCompaniesRegimeForAccounts 2022-08-16 2023-08-31 14299702 bus:RegisteredOffice 2022-08-16 2023-08-31 14299702 bus:Director1 2022-08-16 2023-08-31 14299702 bus:PrivateLimitedCompanyLtd 2022-08-16 2023-08-31 14299702 core:FurnitureFittings 2022-08-16 2023-08-31 14299702 core:FurnitureFittingsToolsEquipment 2022-08-16 2023-08-31 14299702 countries:EnglandWales 2022-08-16 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 14299702

Paw Project Ltd

Annual Report and Unaudited Financial Statements

for the Period from 16 August 2022 to 31 August 2023

 

Paw Project Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Paw Project Ltd

Company Information

Director

Dr A Granger

Registered office

11c Oakmoore Court
Kingswood Road
Hampton Lovett
Droitwich
Worcs
WR9 0QH

Accountants

Ballards LLP
Chartered Accountants
Oakmoore Court
11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

 

Paw Project Ltd

(Registration number: 14299702)
Balance Sheet as at 31 August 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

940

Current assets

 

Cash at bank and in hand

 

94

Creditors: Amounts falling due within one year

5

(2,538)

Net current liabilities

 

(2,444)

Net liabilities

 

(1,504)

Capital and reserves

 

Called up share capital

100

Retained earnings

(1,604)

Shareholders' deficit

 

(1,504)

For the financial period ending 31 August 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 accounts for the period in question in accordance with section 476; and

The director acknowledges her 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 April 2024
 

.........................................
Dr A Granger
Director

   
 

Paw Project Ltd

Notes to the Unaudited Financial Statements for the Period from 16 August 2022 to 31 August 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:
11c Oakmoore Court
Kingswood Road
Hampton Lovett
Droitwich
Worcs
WR9 0QH

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 financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Paw Project Ltd

Notes to the Unaudited Financial Statements for the Period from 16 August 2022 to 31 August 2023

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Paw Project Ltd

Notes to the Unaudited Financial Statements for the Period from 16 August 2022 to 31 August 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

1,253

1,253

At 31 August 2023

1,253

1,253

Depreciation

Charge for the period

313

313

At 31 August 2023

313

313

Carrying amount

At 31 August 2023

940

940

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Amounts owed to related parties

1,638

Other creditors

900

2,538