Company Registration No. 13109770 (England and Wales)
PAKEX SOLUTIONS LTD
Accounts
for the year ended 31 January 2024
PAKEX SOLUTIONS LTD
Accounts
Contents
PAKEX SOLUTIONS LTD
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
10,721
1,090
Creditors: amounts falling due within one year
(26,209)
(10,598)
Net current (liabilities)/assets
(4,493)
2,711
Called up share capital
1
1
Profit and loss account
3,862
2,710
Shareholders' funds
3,863
2,711
For the year ending 31 January 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 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 18 September 2024 and were signed on its behalf by
Shahid MUSHTAQ
Director
Company Registration No. 13109770
PAKEX SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 January 2024
PAKEX SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 13109770. The registered office is Ceme Business Campus, Marsh Way, Rainham, RM13 8EU, 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.
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:
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
9,449
997
10,446
At 31 January 2024
9,449
997
10,446
Charge for the year
1,890
200
2,090
At 31 January 2024
1,890
200
2,090
At 31 January 2024
7,559
797
8,356
Amounts falling due within one year
Other debtors
9,770
11,109
PAKEX SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,673
1,070
Other creditors
28,143
1,647
Loans from directors
(9,805)
7,335
7
Average number of employees
During the year the average number of employees was 5 (2023: 1).