2023-04-01 2024-03-31 false No description of principal activity Capium Accounts Production 1.1 13934811 bus:FullAccounts 2023-04-01 2024-03-31 13934811 bus:Micro-entities 2023-04-01 2024-03-31 13934811 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13934811 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13934811 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13934811 2023-04-01 2024-03-31 13934811 2024-03-31 13934811 bus:RegisteredOffice 2023-04-01 2024-03-31 13934811 core:WithinOneYear 2024-03-31 13934811 core:AfterOneYear 2024-03-31 13934811 bus:Director1 2023-04-01 2024-03-31 13934811 bus:Director1 2024-03-31 13934811 bus:Director1 2022-02-23 2023-03-31 13934811 bus:Director2 2023-04-01 2024-03-31 13934811 bus:Director2 2024-03-31 13934811 bus:Director2 2022-02-23 2023-03-31 13934811 2022-02-23 13934811 bus:CompanySecretary1 2023-04-01 2024-03-31 13934811 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 13934811 2022-02-23 2023-03-31 13934811 2023-03-31 13934811 core:WithinOneYear 2023-03-31 13934811 core:AfterOneYear 2023-03-31 13934811 bus:EntityAccountantsOrAuditors 2022-02-23 2023-03-31 13934811 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 13934811 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 13934811 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 13934811 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 13934811 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 13934811 core:Non-currentFinancialInstruments 2024-03-31 13934811 core:Non-currentFinancialInstruments 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Logo On Report
Registered Number: 13934811
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 March 2024

for

PAUL'S PALLETS LTD

Directors Kurt Foskett
Paul Foskett
Registered Number 13934811
Registered Office 3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
Accountants Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
1
  2024   2023
    £ £   £ £
Current assets 155,334      130,826   
Creditors: amount falling due within one year (93,460)     (102,513)  
Net current assets   61,874      28,313 
Total assets less current liabilities   61,874      28,313 
Net assets   61,874      28,313 
 

         
Capital and reserves   61,874      28,313 
 
NOTES TO THE ACCOUNTS

General Information
Paul's Pallets Ltd is a private company, limited by shares, registered in England and Wales, registration number 13934811, registration address 3 Brickfields Business Park, Old Stowmarket Road, Woolpit, Bury St Edmunds, IP30 9QS.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 3 (2023 : 3).

3.

Related parties

During the year the company entered into the following transactions with related parties:
Amount due from/to related party Provision for doubtful debt from the related party
2024
£
 2023
£
 2024
£
 2023
£
Paul Foskett(51,825)(71,712)


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 21 May 2024 and were signed on its behalf by:


--------------------------------
Paul Foskett
Director
2