Company Registration No. 07888370 (England and Wales)
PASA 44 LTD
Unaudited accounts
for the year ended 31 December 2023
PASA 44 LTD
Unaudited accounts
Contents
PASA 44 LTD
Company Information
for the year ended 31 December 2023
Director
Mr Ismail Kizilkaya
Company Number
07888370 (England and Wales)
Registered Office
107 HIGH STREET
PECKHAM
SE15 5RS
Accountants
KP & CO ACCOUNTANTS LTD
46A CHURCH STREET
ENFIELD
LONDON
EN2 6AZ
PASA 44 LTD
Statement of financial position
as at 31 December 2023
Tangible assets
13,801
9,598
Inventories
133,710
146,710
Cash at bank and in hand
(7,109)
(3,656)
Creditors: amounts falling due within one year
(338,455)
(312,897)
Net current liabilities
(211,854)
(169,843)
Net liabilities
(198,053)
(160,245)
Called up share capital
100
100
Profit and loss account
(198,153)
(160,345)
Shareholders' funds
(198,053)
(160,245)
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 23 September 2024 and were signed on its behalf by
Mr Ismail Kizilkaya
Director
Company Registration No. 07888370
PASA 44 LTD
Notes to the Accounts
for the year ended 31 December 2023
PASA 44 LTD is a private company, limited by shares, registered in England and Wales, registration number 07888370. The registered office is 107 HIGH STREET, PECKHAM, SE15 5RS.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance 20%
Motor vehicles
Reducing Balance 20%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
3,773
17,043
20,816
At 31 December 2023
10,217
17,043
27,260
At 1 January 2023
3,773
7,445
11,218
Charge for the year
322
1,919
2,241
At 31 December 2023
4,095
9,364
13,459
At 31 December 2023
6,122
7,679
13,801
At 31 December 2022
-
9,598
9,598
PASA 44 LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
27,849
37,576
Trade creditors
84,638
56,529
Taxes and social security
(650)
-
Other creditors
86,496
71,700
Loans from directors
144,480
147,646
6
Average number of employees
During the year the average number of employees was 4 (2022: 4).