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Company Registration No. 13016637 (England and Wales)
PAYOLOGY LIMITED Unaudited accounts for the year ended 30 November 2023
PAYOLOGY LIMITED Unaudited accounts Contents
Page
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PAYOLOGY LIMITED Company Information for the year ended 30 November 2023
Directors
James Turner Granville Turner Julian Kynaston
Company Number
13016637 (England and Wales)
Registered Office
YORK ECO BUSINESS CENTRE (UNIT 12) AMY JOHNSON WAY YORK YO30 4AG ENGLAND
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PAYOLOGY LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,347 
4,514 
Current assets
Debtors
- 
1,150 
Cash at bank and in hand
7,947 
8,304 
7,947 
9,454 
Creditors: amounts falling due within one year
(42,897)
(43,052)
Net current liabilities
(34,950)
(33,598)
Net liabilities
(32,603)
(29,084)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
(32,606)
(29,087)
Shareholders' funds
(32,603)
(29,084)
For the year ending 30 November 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 27 August 2024 and were signed on its behalf by
Granville Turner Director Company Registration No. 13016637
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PAYOLOGY LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
PAYOLOGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13016637. The registered office is YORK ECO BUSINESS CENTRE (UNIT 12), AMY JOHNSON WAY, YORK, YO30 4AG, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 December 2022
6,500 
At 30 November 2023
6,500 
Amortisation
At 1 December 2022
1,986 
Charge for the year
2,167 
At 30 November 2023
4,153 
Net book value
At 30 November 2023
2,347 
At 30 November 2022
4,514 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
1,150 
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PAYOLOGY LIMITED Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
29,836 
- 
Taxes and social security
- 
1,032 
Other creditors
- 
29,954 
Loans from directors
4,161 
11,666 
Accruals
8,900 
400 
42,897 
43,052 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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