Company Registration No. 14109615 (England and Wales)
Pavlo Somov Consultancy Ltd
Unaudited accounts
for the period from 1 June 2023 to 31 March 2024
Pavlo Somov Consultancy Ltd
Unaudited accounts
Contents
Pavlo Somov Consultancy Ltd
Company Information
for the period from 1 June 2023 to 31 March 2024
Company Number
14109615 (England and Wales)
Registered Office
EASTHAM HALL 109 EASTHAM VILLAGE ROAD
EASTHAM
WIRRAL
CH62 0AF
UNITED KINGDOM
Accountants
KLAS ACCOUNTANTS LTD
Eastham Hall
109, Eastham Village Road
Eastham
Wirral
CH62 0AF
Pavlo Somov Consultancy Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
4,752
25,161
Creditors: amounts falling due within one year
5,946
(8,191)
Net current assets
10,698
16,970
Called up share capital
100
100
Profit and loss account
10,598
16,870
Shareholders' funds
10,698
16,970
For the period 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 director acknowledges his 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 and authorised for issue on 16 July 2024 and were signed on its behalf by
P Somov
Director
Company Registration No. 14109615
Pavlo Somov Consultancy Ltd
Notes to the Accounts
for the period from 1 June 2023 to 31 March 2024
Pavlo Somov Consultancy Ltd is a private company, limited by shares, registered in England and Wales, registration number 14109615. The registered office is EASTHAM HALL 109 EASTHAM VILLAGE ROAD, EASTHAM, WIRRAL, CH62 0AF, UNITED KINGDOM.
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 period, 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.
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.
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.
4
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(328)
4,895
Loans from directors
(5,618)
3,296
5
Average number of employees
During the period the average number of employees was 1 (2023: 1).