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Registered number: 13352139

Painthadelic Limited

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Painthadelic Limited

ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DIRECTORS
J Guillemot
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 13352139
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Painthadelic Limited

ACCOUNTS
FOR THEYEARENDED31 MARCH 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Painthadelic Limited

BALANCE SHEET AT 31 March 2024
20242023
Notes££
FIXED ASSETS
Tangible assets313,9382,830
CURRENT ASSETS
Debtors4370-
Cash at bank and in hand686,790
4386,790
CREDITORS: Amounts falling due within one year56,4667,862
NET CURRENT LIABILITIES(6,028)(1,072)
TOTAL ASSETS LESS CURRENT LIABILITIES7,9101,758
CAPITAL AND RESERVES
Called up share capital6100100
Profit and loss account7,8101,658
SHAREHOLDERS' FUNDS7,9101,758
For the year ending 31 March 2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 4 July 2024 and signed on their behalf by
.............................
J Guillemot
Director

Painthadelic Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
1a. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1b. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1c. Turnover
Turnover is derived from painting services supplied by the company and is recognised when services are rendered.
1d. Statutory Information
Painthadelic Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 13352139 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, England, TW7 4PU.
1e. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.

Painthadelic Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees11
3. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 1 April 20235,0325,032
Additions13,96413,964
At 31 March 202418,99618,996
Depreciation
At 1 April 20232,2022,202
For the year2,8562,856
At 31 March 20245,0585,058
Net Book Amounts
At 31 March 202413,93813,938
At 31 March 20232,8302,830
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors370-
370-
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Taxation and social security4,0496,697
Salaries and wages control1,516-
Directors current account169300
Accruals732865
6,4667,862

Painthadelic Limited

6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1.00 each100100
100100