PAUA TRADING LIMITED

Company Registration Number:
10072991 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

PAUA TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

PAUA TRADING LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 126,309 182,392
Tangible assets: 4 23,818 48,178
Investments: 5 5 5
Total fixed assets: 150,132 230,575
Current assets
Stocks: 170,218 166,640
Debtors:   115,416 232,085
Cash at bank and in hand: 30,643 70,932
Total current assets: 316,277 469,657
Creditors: amounts falling due within one year:   (6,492) (21,285)
Net current assets (liabilities): 309,785 448,372
Total assets less current liabilities: 459,917 678,947
Creditors: amounts falling due after more than one year:   (2,145) (3,621)
Total net assets (liabilities): 457,772 675,326
Capital and reserves
Called up share capital: 303 227
Share premium account: 2,375,720 2,151,893
Profit and loss account: (1,918,251) (1,476,794)
Shareholders funds: 457,772 675,326

The notes form part of these financial statements

PAUA TRADING LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 January 2024
and signed on behalf of the board by:

Name: M Asplin
Status: Director

The notes form part of these financial statements

PAUA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PAUA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 8 15

PAUA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 333,020
Additions 28,250
Disposals (68,673)
At 31 December 2023 292,597
Amortisation
At 01 January 2023 150,628
Charge for year 53,980
On disposals (38,320)
At 31 December 2023 166,288
Net book value
At 31 December 2023 126,309
At 31 December 2022 182,392

PAUA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 63,186
Additions 3,086
Disposals (28,070)
At 31 December 2023 38,202
Depreciation
At 01 January 2023 15,008
Charge for year 5,811
On disposals (6,435)
At 31 December 2023 14,384
Net book value
At 31 December 2023 23,818
At 31 December 2022 48,178

PAUA TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Fixed investments

Investments in subsidiaries, associates and joint ventures are measured at costs less any accumulated impairment losses.