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REGISTERED NUMBER: 04941313 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Pallet & Fencing Supplies Limited

Pallet & Fencing Supplies Limited (Registered number: 04941313)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pallet & Fencing Supplies Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mrs D M Woollands





SECRETARY: Mrs D M Woollands





REGISTERED OFFICE: Union House
111 New Union Street
Coventry
West Midlands
CV1 2NT





REGISTERED NUMBER: 04941313 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Pallet & Fencing Supplies Limited (Registered number: 04941313)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 44,658 46,037
Cash at bank and in hand 9,272 25,866
53,930 71,903
CREDITORS
Amounts falling due within one year 6 202,058 197,403
NET CURRENT LIABILITIES (148,128 ) (125,500 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(148,128

)

(125,500

)

CREDITORS
Amounts falling due after more than one
year

7

10,869

17,924
NET LIABILITIES (158,997 ) (143,424 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (158,999 ) (143,426 )
SHAREHOLDERS' FUNDS (158,997 ) (143,424 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 August 2024 and were signed by:




Mrs D M Woollands - Director


Pallet & Fencing Supplies Limited (Registered number: 04941313)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Pallet & Fencing Supplies 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 represents net invoiced services provided, excluding value added tax. Turnover is recognised in the period in which the service was provided.

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2022
and 30 November 2023 145
DEPRECIATION
At 1 December 2022
and 30 November 2023 145
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 4,725 4,725
Director's current account 23,168 22,757
Prepayments 5,418 5,476
33,311 32,958

Pallet & Fencing Supplies Limited (Registered number: 04941313)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. DEBTORS - continued
2023 2022
£    £   
Amounts falling due after more than one year:
Tax recoverable 11,347 13,079

Aggregate amounts 44,658 46,037

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,086 6,912
Trade creditors 17,300 17,511
Tax 215 5,845
Social security and other taxes 169,044 158,229
Other creditors 5,830 6,448
Accrued expenses 2,583 2,458
202,058 197,403

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 10,869 17,924

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 17,955 -

Bank loans are secured against the assets of the company.