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REGISTERED NUMBER: 09380663 (England and Wales)















Financial Statements for the Year Ended 31st May 2024

for

PAK NATIONAL FOODS LTD

PAK NATIONAL FOODS LTD (Registered number: 09380663)

Contents of the Financial Statements
for the Year Ended 31st May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAK NATIONAL FOODS LTD

Company Information
for the Year Ended 31st May 2024







DIRECTOR: N HANIF





SECRETARY:





REGISTERED OFFICE: Alamgeer House
UNIT 4-5 ROBOTTOM CLOSE
WALSALL
West Midlands
WS2 7EB





REGISTERED NUMBER: 09380663 (England and Wales)





ACCOUNTANT: A K & Co Accountants
732 Walsall Road
Great Barr
Birmingham
West Midlands
B42 1EX

PAK NATIONAL FOODS LTD (Registered number: 09380663)

Balance Sheet
31st May 2024

31.5.24 31.5.23
Notes £    £   
CURRENT ASSETS
Investments 4 60,000 60,000
Cash at bank and in hand 2,013 2,517
62,013 62,517
CREDITORS
Amounts falling due within one year 5 38,356 27,356
NET CURRENT ASSETS 23,657 35,161
TOTAL ASSETS LESS CURRENT LIABILITIES 23,657 35,161

CREDITORS
Amounts falling due after more than one
year

6

19,983

30,000
NET ASSETS 3,674 5,161

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 3,574 5,061
SHAREHOLDERS' FUNDS 3,674 5,161

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

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

PAK NATIONAL FOODS LTD (Registered number: 09380663)

Balance Sheet - continued
31st May 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th June 2024 and were signed by:





N HANIF - Director


PAK NATIONAL FOODS LTD (Registered number: 09380663)

Notes to the Financial Statements
for the Year Ended 31st May 2024


1. STATUTORY INFORMATION

PAK NATIONAL FOODS LTD 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.

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 (2023 - NIL).

4. CURRENT ASSET INVESTMENTS
31.5.24 31.5.23
£    £   
Investment 60,000 60,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 34,573 21,823
Tax 91 91
Directors' current accounts 2,192 4,692
Accrued expenses 1,500 750
38,356 27,356

PAK NATIONAL FOODS LTD (Registered number: 09380663)

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


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Other loans (see note 7) 19,983 30,000

7. LOANS

An analysis of the maturity of loans is given below:

31.5.24 31.5.23
£    £   
Amounts falling due between one and two years:
Other loans - 1-2 years 19,983 30,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
100 ORDINARY SHARE CAPITAL £1 100 100

9. RESERVES
Retained
earnings
£   

At 1st June 2023 5,061
Deficit for the year (1,487 )
At 31st May 2024 3,574