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Company Registration No. 13195150 (England and Wales)
Pause People Collective Limited Unaudited accounts for the year ended 31 March 2024
Pause People Collective Limited Unaudited accounts Contents
Page
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Pause People Collective Limited Company Information for the year ended 31 March 2024
Directors
Kaylea Thomas Bryony Karsenbarg
Company Number
13195150 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Pause People Collective Limited Accountants' report
Accountants' report to the board of directors of Pause People Collective Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pause People Collective Limited for the year ended 31 March 2024 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 Pause People Collective Limited, 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 Pause People Collective Limited 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 Pause People Collective Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pause People Collective Limited 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 Pause People Collective Limited. You consider that Pause People Collective Limited 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 Pause People Collective Limited. 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.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 11 July 2024
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Pause People Collective Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,529 
3,234 
Current assets
Debtors
27,131 
16,663 
Cash at bank and in hand
236,151 
87,585 
263,282 
104,248 
Creditors: amounts falling due within one year
(77,978)
(38,567)
Net current assets
185,304 
65,681 
Total assets less current liabilities
226,833 
68,915 
Creditors: amounts falling due after more than one year
(11,846)
- 
Net assets
214,987 
68,915 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
214,986 
68,914 
Shareholders' funds
214,987 
68,915 
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.
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 11 July 2024 and were signed on its behalf by
Kaylea Thomas Director Company Registration No. 13195150
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Pause People Collective Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Pause People Collective Limited is a private company, limited by shares, registered in England and Wales, registration number 13195150. The registered office is 203 West Street, Fareham, PO16 0EN, England.
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.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
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.
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
- 
4,369 
4,369 
Additions
23,696 
18,464 
42,160 
At 31 March 2024
23,696 
22,833 
46,529 
Depreciation
At 1 April 2023
- 
1,135 
1,135 
Charge for the year
1,526 
2,339 
3,865 
At 31 March 2024
1,526 
3,474 
5,000 
Net book value
At 31 March 2024
22,170 
19,359 
41,529 
At 31 March 2023
- 
3,234 
3,234 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,131 
16,663 
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Pause People Collective Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,824 
5,327 
Obligations under finance leases and hire purchase contracts
6,462 
- 
Taxes and social security
60,488 
28,554 
Other creditors
465 
508 
Loans from directors
- 
2,728 
Accruals
1,739 
1,450 
77,978 
38,567 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
11,846 
- 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Kaylea Thomas
Directors Loan Account
(1,364)
(26,092)
(27,456)
- 
Bryony Karsenbarg
Directors Loan Account
(1,364)
(26,092)
(27,456)
- 
(2,728)
(52,184)
(54,912)
- 
10
Average number of employees
During the year the average number of employees was 5 (2023: 2).
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