EDWARD PAYNE & CO LTD

Company Registration Number:
07446960 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

EDWARD PAYNE & CO LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Notes

EDWARD PAYNE & CO LTD

Balance sheet

As at 30 November 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 129,745 114,892
Total fixed assets: 129,745 114,892
Current assets
Debtors:   65,821 51,647
Cash at bank and in hand: 71,960 34,089
Total current assets: 137,781 85,736
Creditors: amounts falling due within one year:   (103,289) (74,254)
Net current assets (liabilities): 34,492 11,482
Total assets less current liabilities: 164,237 126,374
Creditors: amounts falling due after more than one year:   (59,215) (60,803)
Total net assets (liabilities): 105,022 65,571
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 104,922 65,471
Shareholders funds: 105,022 65,571

The notes form part of these financial statements

EDWARD PAYNE & CO LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: Mr Edward John Payne
Status: Director

The notes form part of these financial statements

EDWARD PAYNE & CO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EDWARD PAYNE & CO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

2. Employees

2023 2022
Average number of employees during the period 9 9

EDWARD PAYNE & CO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 292,615
Additions 43,135
At 30 November 2023 335,750
Depreciation
At 01 December 2022 177,723
Charge for year 28,282
At 30 November 2023 206,005
Net book value
At 30 November 2023 129,745
At 30 November 2022 114,892

EDWARD PAYNE & CO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Related party transactions

The Company is controlled by Mr John Edward Payne, the Company's Managing director. It is confirmed that Director's current account is debited with personal transactions and credited with remuneration as well as Dividends.