Company Registration No. 14259260 (England and Wales)
Paul Ascroft Limited
Unaudited accounts
for the year ended 31 July 2024
Paul Ascroft Limited
Unaudited accounts
Contents
Paul Ascroft Limited
Company Information
for the year ended 31 July 2024
Directors
Paul Ascroft
Justyna Ascroft
Company Number
14259260 (England and Wales)
Registered Office
29 LONG CROFT MEADOW
CHORLEY
PR7 1TR
ENGLAND
Paul Ascroft Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
161,496
90,599
Creditors: amounts falling due within one year
(62,893)
(5,460)
Net current assets
99,136
85,220
Total assets less current liabilities
99,136
85,220
Creditors: amounts falling due after more than one year
3,538
-
Called up share capital
100
100
Profit and loss account
102,574
85,120
Shareholders' funds
102,674
85,220
For the year ending 31 July 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 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 of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by
Paul Ascroft
Director
Company Registration No. 14259260
Paul Ascroft Limited
Notes to the Accounts
for the year ended 31 July 2024
Paul Ascroft Limited is a private company, limited by shares, registered in England and Wales, registration number 14259260. The registered office is 29 LONG CROFT MEADOW, CHORLEY, PR7 1TR, 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Amounts falling due within one year
Accrued income and prepayments
533
-
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
37,245
37,800
Loans from directors
-
(32,340)
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(3,538)
-
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).