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REGISTERED NUMBER: 08563404 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Paul Lovegrove Limited

Paul Lovegrove Limited (Registered number: 08563404)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Paul Lovegrove Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P A Lovegrove





REGISTERED OFFICE: Boston House
Henley On Thames
RG9 1DY





REGISTERED NUMBER: 08563404 (England and Wales)





ACCOUNTANTS: Villars Hayward LLP
Chartered Accountants,
Chartered Tax Advisers and Registered Auditors
Boston House
Henley-on-Thames
RG9 1DY

Paul Lovegrove Limited (Registered number: 08563404)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 5,340

CURRENT ASSETS
Debtors 5 105,802 100,382
Cash at bank 13,048 28,910
118,850 129,292
CREDITORS
Amounts falling due within one year 6 28,070 38,071
NET CURRENT ASSETS 90,780 91,221
TOTAL ASSETS LESS CURRENT LIABILITIES 90,780 96,561

CREDITORS
Amounts falling due after more than one year 7 19,574 22,250
NET ASSETS 71,206 74,311

CAPITAL AND RESERVES
Called up share capital 51 51
Retained earnings 71,155 74,260
SHAREHOLDERS' FUNDS 71,206 74,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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

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

The financial statements were approved by the director and authorised for issue on 30 April 2024 and were signed by:





P A Lovegrove - Director


Paul Lovegrove Limited (Registered number: 08563404)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Paul Lovegrove 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 13,350
Disposals (13,350 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 8,010
Charge for year 2,670
Eliminated on disposal (10,680 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 5,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 5,038 5,961
Other debtors 100,764 94,421
105,802 100,382

Paul Lovegrove Limited (Registered number: 08563404)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 3,000 7,199
Taxation and social security 19,120 24,922
Other creditors 5,950 5,950
28,070 38,071

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 19,574 22,250

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
P A Lovegrove
Balance outstanding at start of year 71,230 71,230
Amounts repaid (32 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 71,198 71,230

9. ULTIMATE CONTROLLING PARTY

In the current period, the company was controlled by its director, by virtue of his 100% shareholding in the company.