1 December 2022 false No description of principal activity Taxfiler 2023.14 13030768business:PrivateLimitedCompanyLtd2022-12-012023-11-30 130307682022-11-30 130307682022-12-012023-11-30 13030768business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 13030768business:FilletedAccounts2022-12-012023-11-30 130307682023-11-30 130307682022-11-30 13030768core:WithinOneYear2023-11-30 13030768core:WithinOneYear2022-11-30 13030768core:AfterOneYear2023-11-30 13030768core:AfterOneYear2022-11-30 13030768core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 13030768core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 13030768core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 13030768core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 13030768core:PreviouslyStatedAmount2023-11-30 13030768core:PreviouslyStatedAmount2022-11-30 13030768business:SmallEntities2022-12-012023-11-30 13030768business:Director12022-12-012023-11-30 13030768countries:EnglandWales2022-12-012023-11-30 13030768business:RegisteredOffice2022-12-012023-11-30 13030768core:AfterOneYear2022-12-012023-11-30 130307682021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13030768 (England and Wales)
Pascal Investment Company Ltd Unaudited accounts for the year ended 30 November 2023
Pascal Investment Company Ltd Unaudited accounts Contents
Page
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Pascal Investment Company Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
142,190 
67,000 
Current assets
Cash at bank and in hand
2,511 
17,112 
Creditors: amounts falling due within one year
(40,818)
(36,335)
Net current liabilities
(38,307)
(19,223)
Total assets less current liabilities
103,883 
47,777 
Creditors: amounts falling due after more than one year
(102,235)
(47,105)
Net assets
1,648 
672 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,647 
671 
Shareholders' funds
1,648 
672 
For the year ending 30 November 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 11 March 2024 and were signed on its behalf by
Mr Jordan Pascal Director Company Registration No. 13030768
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Pascal Investment Company Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Pascal Investment Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 13030768. The registered office is 4 New Waverley Road , Basildon, SS15 4BH.
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 as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2023 
£ 
Fair value at 1 December 2022
67,000 
Additions
75,190 
At 30 November 2023
142,190 
Investment property is shown at most recent valuation.
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
39,918 
35,635 
Accruals
900 
700 
40,818 
36,335 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
102,235 
47,105 
Bank loans is secured debt of the business.
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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