2023-04-01 05042970 2024-03-31 05042970 2023-04-01 2024-03-31 05042970 2023-03-31 05042970 2022-04-01 2023-03-31 05042970 uk-core:WithinOneYear 2023-03-31 05042970 uk-core:WithinOneYear 2024-03-31 05042970 uk-core:ShareCapital 2024-03-31 05042970 uk-core:ShareCapital 2023-03-31 05042970 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 05042970 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05042970 uk-bus:Director1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure 05042970 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05042970 uk-bus:FRS102 2023-04-01 2024-03-31 05042970 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 05042970 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Pawson And Cole Limited
Registered Number:05042970
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Pawson And Cole Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
05042970
As at 31 March 2024
Pawson And Cole Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
2
638,939
713,000
Investment property
638,939
713,000
Current assets
Trade and other receivables
2,000
2,000
3
9,998
Cash and cash equivalents
6,270
8,270
11,998
Trade and other payables: amounts falling due within one
year
(474,111)
(316,652)
4
(462,113)
(308,382)
Net current liabilities
Total assets less current liabilities
330,557
250,887
(23,262)
(23,262)
Provisions for liabilities
307,295
Net assets
227,625
Capital and reserves
Called up share capital
2
2
Retained earnings
307,293
227,623
307,295
227,625
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr William Pawson Director
These financial statements were approved and authorised for issue by the Board on 12 July 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Pawson And Cole Limited
Notes to the Financial Statements
Statutory Information
Pawson And Cole Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 05042970.
Registered address:
3 Avenue Gardens
London
SW14 8BP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar 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.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Investment property
Total
£
Fair value
At 01 April 2023
713,000
Disposals
(74,061)
At 31 March 2024
638,939
Net book value
At 31 March 2024
638,939
At 31 March 2023
713,000
Investment properties were valued on an open market basis on 31 March 22 by the directors. The total cumulative revaluation amount of £122,434 is included in retained earnings but is non distributable.
3. Trade and other receivables
2023
2024
£
£
Other debtors
2,000
2,000
2 of 3
5
For the year ended 31 March 2024
Pawson And Cole Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
3,834
Taxation and social security
11,019
7,993
Other creditors
305,633
462,284
316,652
474,111
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
3 of 3