Company registration number 06978942 (England and Wales)
PAYNE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
PAYNE LTD
BALANCE SHEET
AS AT
29 FEBRUARY 2024
29 February 2024
- 1 -
29 February 2024
28 February 2023
£
£
£
£
Fixed assets
5,310
355
Current assets
20,927
49,086
Creditors: amounts falling due within one year
(20,095)
(39,289)
Net current assets
832
9,797
Total assets less current liabilities
6,142
10,152
Creditors: amounts falling due after more than one year
(5,950)
(10,150)
Net assets
192
2
Capital and reserves
192
2
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
Directors' loan
At the year end the director's owe the company £9,244 (2023 - £2,125).
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Payne Ltd is a private company limited by shares incorporated in England and Wales. The registered office is No 4 Castle Court 2, Castlegate Way, Dudley, West Midlands, DY1 4RH.
For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
PAYNE LTD
BALANCE SHEET (CONTINUED)
AS AT
29 FEBRUARY 2024
29 February 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 15 April 2024 and are signed on its behalf by:
..............................................
Mr S Payne
Director
Company registration number 06978942 (England and Wales)