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REGISTERED NUMBER: 11675395 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Pa3an Limited

Pa3an Limited (Registered number: 11675395)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Pa3an Limited (Registered number: 11675395)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 976 1,545

CURRENT ASSETS
Cash at bank 59,089 28,748

CREDITORS
Amounts falling due within one year 5 21,859 9,153
NET CURRENT ASSETS 37,230 19,595
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,206

21,140

PROVISIONS FOR LIABILITIES 6 186 359
NET ASSETS 38,020 20,781

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 38,018 20,779
SHAREHOLDERS' FUNDS 38,020 20,781

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.

Pa3an Limited (Registered number: 11675395)

Balance Sheet - continued
30 November 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





Dr F Z Ahmed - Director


Pa3an Limited (Registered number: 11675395)

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

1. STATUTORY INFORMATION

Pa3an Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11675395

Registered office: C/o Echo Tax, SPACES Manchester
Peter House
Oxford Street
Manchester
M1 5AN

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pa3an Limited (Registered number: 11675395)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2022
and 30 November 2023 2,657
DEPRECIATION
At 1 December 2022 1,112
Charge for year 569
At 30 November 2023 1,681
NET BOOK VALUE
At 30 November 2023 976
At 30 November 2022 1,545

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Tax 5,575 3,963
Directors' current accounts 15,684 4,567
Accrued expenses 600 623
21,859 9,153

6. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax 186 359

Deferred
tax
£   
Balance at 1 December 2022 359
Provided during year (173 )
Balance at 30 November 2023 186

Pa3an Limited (Registered number: 11675395)

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

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
2 Ordinary £1 2 2

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
Dr F Z Ahmed
Balance outstanding at start of year (4,567 ) (7,585 )
Amounts advanced 4,478 8,005
Amounts repaid (15,595 ) (4,987 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (15,684 ) (4,567 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is Dr F Z Ahmed.