Company Registration No. 03726650 (England and Wales)
Pagefern Ltd
Unaudited accounts
for the year ended 31 December 2023
Pagefern Ltd
Unaudited accounts
Contents
Pagefern Ltd
Company Information
for the year ended 31 December 2023
Directors
A J Morris
Mrs G K Morris
Company Number
03726650 (England and Wales)
Registered Office
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
Accountants
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
Pagefern Ltd
Accountants' report
Accountants' report to the board of directors of Pagefern Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Pagefern Ltd for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Pagefern Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Pagefern Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pagefern Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pagefern Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Pagefern Ltd. You consider that Pagefern Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Pagefern Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Wiggins & Co, Chartered Accountants
The Old Stables, East Lenham Farm
Ashford Road, Lenham
Maidstone
Kent
ME17 2DP
2 August 2024
Pagefern Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
317,284
317,285
Cash at bank and in hand
16,223
7,429
Creditors: amounts falling due within one year
(24,004)
(17,233)
Net current liabilities
(2,078)
(6,004)
Net assets
315,206
311,281
Called up share capital
2
2
Profit and loss account
315,204
311,279
Shareholders' funds
315,206
311,281
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 2 August 2024 and were signed on its behalf by
Mrs G K Morris
Director
Company Registration No. 03726650
Pagefern Ltd
Notes to the Accounts
for the year ended 31 December 2023
Pagefern Ltd is a private company, limited by shares, registered in England and Wales, registration number 03726650. The registered office is The Old Stables, East Lenham Farm, Ashford Road, Lenham, Maidstone, Kent, ME17 2DP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets policy
No depreciation is being charged on the Freehold Property; the property is being held as a long term investment, and the current value exceeds the cost.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
317,115
168
475
317,758
At 31 December 2023
317,115
168
475
317,758
At 1 January 2023
-
-
473
473
Charge for the year
-
-
1
1
At 31 December 2023
-
-
474
474
At 31 December 2023
317,115
168
1
317,284
At 31 December 2022
317,115
168
2
317,285
Amounts falling due within one year
Pagefern Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,859
6,790
Other creditors
7,735
4,689
Loans from directors
11,410
5,754
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Transactions with related parties
No work was carried out by A J & G K Morris (Building Partnership) during the year. The amount outstanding at 31st December 2023 was £ NIL (2022 NIL).
All transactions were at open market value.
Loan interest of £15,000 (2022 - £15,000) was paid to the Directors, relating to the outstanding Directors Loan Account, balance outstanding:- £7,790 (2022 - £4,688).
All Dividends were paid to the Directors
The Company is controlled by the Directors who own 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).