Company Registration No. 12213830 (England and Wales)
Paula Wood Design Ltd
Unaudited accounts
for the year ended 30 September 2023
Paula Wood Design Ltd
Unaudited accounts
Contents
Paula Wood Design Ltd
Company Information
for the year ended 30 September 2023
Company Number
12213830 (England and Wales)
Registered Office
c/o Anumerate Office 2.05, Clockwise
Old Town Hall, 30 Tweedy Road
Bromley
BR1 3FE
United Kingdom
Accountants
Anumerate Limited
Office 2.05, Clockwise
Old Town Hall
30 Tweedy Road
Bromley
BR13FE
Paula Wood Design Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
1,173
1,714
Cash at bank and in hand
22,567
50,660
Creditors: amounts falling due within one year
(17,877)
(56,912)
Net current assets/(liabilities)
9,614
(1,614)
Called up share capital
100
100
Profit and loss account
10,687
-
Shareholders' funds
10,787
100
For the year ending 30 September 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 her 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 29 February 2024 and were signed on its behalf by
Paula Wood
Director
Company Registration No. 12213830
Paula Wood Design Ltd
Notes to the Accounts
for the year ended 30 September 2023
Paula Wood Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 12213830. The registered office is c/o Anumerate Office 2.05, Clockwise, Old Town Hall, 30 Tweedy Road, Bromley, BR1 3FE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
425
1,740
2,165
At 30 September 2023
425
1,740
2,165
At 1 October 2022
89
362
451
Charge for the year
106
435
541
At 30 September 2023
195
797
992
At 30 September 2023
230
943
1,173
At 30 September 2022
336
1,378
1,714
Paula Wood Design Ltd
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,633
4,460
Loans from directors
15,244
52,452
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).