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Company Registration No. 6826451 (England and Wales)
Paul Turner HR Limited Unaudited accounts for the year ended 31 March 2024
Paul Turner HR Limited Unaudited accounts Contents
Page
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Paul Turner HR Limited Company Information for the year ended 31 March 2024
Directors
Mr P S Turner Mrs J Turner
Secretary
Mrs J Turner
Company Number
6826451 (England and Wales)
Registered Office
Apartment 8, Nexus Roushill Shrewsbury Shropshire SY1 1PT
Accountants
Thursfields Accountancy Limited Business Lodge, Trent House 234 Victoria Road Stoke-on-Trent Staffordshire ST4 2LW
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Paul Turner HR Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,550 
48 
Current assets
Debtors
9,683 
3,606 
Cash at bank and in hand
196,415 
167,234 
206,098 
170,840 
Creditors: amounts falling due within one year
(29,587)
(27,487)
Net current assets
176,511 
143,353 
Total assets less current liabilities
178,061 
143,401 
Provisions for liabilities
Deferred tax
(348)
- 
Net assets
177,713 
143,401 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
177,613 
143,301 
Shareholders' funds
177,713 
143,401 
For the year ending 31 March 2024 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 8 August 2024 and were signed on its behalf by
Mr P S Turner Director Company Registration No. 6826451
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Paul Turner HR Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Paul Turner HR Limited is a private company, limited by shares, registered in England and Wales, registration number 6826451. The registered office is Apartment 8, Nexus, Roushill , Shrewsbury , Shropshire , SY1 1PT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation has been provided at the following rates in order to write off the assets over their estimated useful lives: Goodwill = 10yr straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Paul Turner HR Limited Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
16,310 
At 31 March 2024
16,310 
Amortisation
At 1 April 2023
16,310 
At 31 March 2024
16,310 
Net book value
At 31 March 2024
- 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
8,833 
Additions
1,725 
Disposals
(1,165)
At 31 March 2024
9,393 
Depreciation
At 1 April 2023
8,785 
Charge for the year
175 
On disposals
(1,117)
At 31 March 2024
7,843 
Net book value
At 31 March 2024
1,550 
At 31 March 2023
48 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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