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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
Page
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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
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Paul Ascroft Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
533 
81 
Cash at bank and in hand
161,496 
90,599 
162,029 
90,680 
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 
- 
Net assets
102,674 
85,220 
Capital and reserves
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
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Paul Ascroft Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
81 
Accrued income and prepayments
533 
- 
533 
81 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
25,648 
- 
Taxes and social security
37,245 
37,800 
Loans from directors
- 
(32,340)
62,893 
5,460 
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).
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