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REGISTERED NUMBER: 09915549 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

PAINTROW LIMITED

PAINTROW LIMITED (REGISTERED NUMBER: 09915549)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PAINTROW LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Kidar Joshi





REGISTERED OFFICE: 12 Warley Croft
Oldbury
West Midlands
B68 9JQ





REGISTERED NUMBER: 09915549 (England and Wales)





ACCOUNTANTS: Brindleys Limited
2 Wheeleys Road
Edgbaston
Birmingham
West Midlands
B15 2LD

PAINTROW LIMITED (REGISTERED NUMBER: 09915549)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 132,701 9,392
Cash at bank 162,026 299,619
294,727 309,011
CREDITORS
Amounts falling due within one year 13,722 33,433
NET CURRENT ASSETS 281,005 275,578
TOTAL ASSETS LESS CURRENT
LIABILITIES

281,005

275,578

CREDITORS
Amounts falling due after more than one
year

13,291

21,945
NET ASSETS 267,714 253,633

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 6 267,614 253,533
SHAREHOLDERS' FUNDS 267,714 253,633

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PAINTROW LIMITED (REGISTERED NUMBER: 09915549)

Abridged Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2024 and were signed by:





Kidar Joshi - Director


PAINTROW LIMITED (REGISTERED NUMBER: 09915549)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Paintrow Limited 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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 8,541 8,541

Amounts falling due between one and two years:
Bank loans - 1-2 years 8,541 8,541

PAINTROW LIMITED (REGISTERED NUMBER: 09915549)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. LOANS - continued
2023 2022
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 4,750 13,404

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

6. RESERVES
Retained
earnings
£   

At 1 January 2023 253,533
Profit for the year 14,081
At 31 December 2023 267,614