Company Registration No. 06363937 (England and Wales)
pink canal limited
Unaudited accounts
for the year ended 30 September 2023
pink canal limited
Unaudited accounts
Contents
pink canal limited
Company Information
for the year ended 30 September 2023
Directors
jeanette sims
todd amarnani
Company Number
06363937 (England and Wales)
Registered Office
231
bristol road
gloucester
gl1 5tl
pink canal limited
Statement of financial position
as at 30 September 2023
Tangible assets
322,053
127,053
Investment property
1,848,557
1,848,557
Cash at bank and in hand
324,347
197,544
Creditors: amounts falling due within one year
(979,374)
(885,716)
Net current liabilities
(655,027)
(688,172)
Total assets less current liabilities
1,515,583
1,287,438
Creditors: amounts falling due after more than one year
(972,000)
(972,000)
Net assets
543,583
315,438
Called up share capital
100
100
Profit and loss account
543,483
315,338
Shareholders' funds
543,583
315,438
For the year ending 30 September 2023 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 28 August 2024 and were signed on its behalf by
jeanette sims
Director
Company Registration No. 06363937
pink canal limited
Notes to the Accounts
for the year ended 30 September 2023
pink canal limited is a private company, limited by shares, registered in England and Wales, registration number 06363937. The registered office is 231, bristol road, gloucester, gl1 5tl.
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 year, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 30 September 2023
322,053
At 30 September 2023
322,053
At 30 September 2022
127,053
Fair value at 1 October 2022
1,848,557
At 30 September 2023
1,848,557
pink canal limited
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
88,169
24,420
Other creditors
6,000
6,000
Loans from directors
877,653
846,716
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Creditors: amounts falling due after more than one year
2023
2022
Other creditors
972,000
972,000
Mr Amanani was a director of Gloucester trade motor centre limited The balance between to two companies is £972000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
loan to company
(846,716)
(30,937)
-
(877,653)
(846,716)
(30,937)
-
(877,653)
the director has introduced funding into the company non interest bearing
10
Average number of employees
During the year the average number of employees was 3 (2022: 1).