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REGISTERED NUMBER: 06654582 (England and Wales)












PFS PAXUS Europe Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






PFS PAXUS Europe Limited (Registered number: 06654582)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


PFS PAXUS Europe Limited

Company Information
for the Year Ended 31 December 2023







Directors: P Kneen
M Heaney





Registered office: Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ





Registered number: 06654582 (England and Wales)





Accountants: Warr & Co Limited
Chartered Accountants
Mynshull House
78 Churchgate
Stockport
Cheshire
SK1 1YJ

PFS PAXUS Europe Limited (Registered number: 06654582)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
Current assets
Debtors 4 103,538 92,852
Cash at bank 42,944 25,392
146,482 118,244
Creditors
Amounts falling due within one year 5 128,689 41,139
Net current assets 17,793 77,105
Total assets less current liabilities 17,793 77,105

Capital and reserves
Called up share capital 100 100
Retained earnings 17,693 77,005
Shareholders' funds 17,793 77,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 4 July 2024 and were signed on its behalf by:




P Kneen - Director


PFS PAXUS Europe Limited (Registered number: 06654582)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

PFS PAXUS Europe Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 5 (2022 - 4 ) .

4. Debtors: amounts falling due within one year
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 103,476 92,790
Other debtors 62 62
103,538 92,852

5. Creditors: amounts falling due within one year
31.12.23 31.12.22
£    £   
Taxation and social security 39,783 36,723
Other creditors 88,906 4,416
128,689 41,139