Registered number
14571550
Paws Grooming & Hydrotherapy Ltd
Filleted Accounts
31 January 2024
Paws Grooming & Hydrotherapy Ltd
Registered number: 14571550
Balance Sheet
as at 31 January 2024
Notes 2024
£
Fixed assets
Tangible assets 3 10,896
Current assets
Cash at bank and in hand 5,975
Creditors: amounts falling due within one year 4 (11,840)
Net current liabilities (5,865)
Net assets 5,031
Capital and reserves
Profit and loss account 5,031
Shareholder's funds 5,031
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
….....................................................
Stacey Money
Director
Approved by the board on 7 August 2024
Paws Grooming & Hydrotherapy Ltd
Notes to the Accounts
for the period from 5 January 2023 to 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024
Number
Average number of persons employed by the company 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 14,528
At 31 January 2024 14,528
Depreciation
Charge for the period 3,632
At 31 January 2024 3,632
Net book value
At 31 January 2024 10,896
4 Creditors: amounts falling due within one year 2024
£
Trade creditors 558
Taxation and social security costs 3,213
Other creditors 8,069
11,840
5 Other information
Paws Grooming & Hydrotherapy Ltd is a private company limited by shares and incorporated in England. Its registered office is:
454 Bideford Green
Leighton Buzzard
Beds
LU7 2TZ
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