1 April 2023 false No description of principal activity Taxfiler 2024.4 13231968business:PrivateLimitedCompanyLtd2023-04-012024-03-31 132319682023-03-31 132319682023-04-012024-03-31 13231968business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 13231968business:FilletedAccounts2023-04-012024-03-31 132319682024-03-31 13231968business:Director12023-04-012024-03-31 13231968business:RegisteredOffice2023-04-012024-03-31 132319682023-03-31 13231968core:WithinOneYear2024-03-31 13231968core:WithinOneYear2023-03-31 13231968core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 13231968core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 13231968core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 13231968core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13231968core:PreviouslyStatedAmount2024-03-31 13231968core:PreviouslyStatedAmount2023-03-31 13231968business:SmallEntities2023-04-012024-03-31 13231968countries:EnglandWales2023-04-012024-03-31 13231968core:MotorVehicles2023-04-012024-03-31 13231968core:MotorVehicles2023-03-31 13231968core:ComputerEquipment2023-03-31 13231968core:ComputerEquipment2023-04-012024-03-31 13231968core:MotorVehicles2024-03-31 13231968core:ComputerEquipment2024-03-31 132319682022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13231968 (England and Wales)
PABCO LIMITED Unaudited accounts for the year ended 31 March 2024
PABCO LIMITED Unaudited accounts Contents
Page
- 2 -
PABCO LIMITED Company Information for the year ended 31 March 2024
Director
PAUL BROWN
Company Number
13231968 (England and Wales)
Registered Office
5 SADDLERS CLOSE EASTLEIGH SO50 4SB ENGLAND
- 3 -
PABCO LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,567 
17,059 
Current assets
Inventories
163 
163 
Debtors
(10,940)
(7,445)
Cash at bank and in hand
14,087 
10,696 
3,310 
3,414 
Creditors: amounts falling due within one year
(17,756)
(16,867)
Net current liabilities
(14,446)
(13,453)
Net assets
1,121 
3,606 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
1,111 
3,596 
Shareholders' funds
1,121 
3,606 
For the year ending 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 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 22 July 2024 and were signed on its behalf by
PAUL BROWN Director Company Registration No. 13231968
- 4 -
PABCO LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PABCO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13231968. The registered office is 5 SADDLERS CLOSE, EASTLEIGH, SO50 4SB, ENGLAND.
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.
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:
Motor vehicles
33.33%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
33,478 
4,002 
37,480 
Additions
10,073 
- 
10,073 
Disposals
(12,450)
- 
(12,450)
At 31 March 2024
31,101 
4,002 
35,103 
Depreciation
At 1 April 2023
17,598 
2,823 
20,421 
Charge for the year
(1,671)
786 
(885)
At 31 March 2024
15,927 
3,609 
19,536 
Net book value
At 31 March 2024
15,174 
393 
15,567 
At 31 March 2023
15,880 
1,179 
17,059 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
(10,940)
(7,445)
- 5 -
PABCO LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
220 
328 
Loans from directors
17,211 
16,189 
Accruals
325 
350 
17,756 
16,867 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -