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Company Registration No. 14234861 (England and Wales)
PAYROLL4SMART LTD Unaudited accounts for the year ended 31 July 2024
PAYROLL4SMART LTD Unaudited accounts Contents
Page
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PAYROLL4SMART LTD Company Information for the year ended 31 July 2024
Director
Zynul Ahmed
Company Number
14234861 (England and Wales)
Registered Office
16 ST. MARYS CLOSE PRESTON PR1 4XN ENGLAND
Accountants
SMART ACCOUNTING (NW) LTD 239 RIBBLETON LANE PRESTON PR1 5EA
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PAYROLL4SMART LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,138 
5,047 
Current assets
Cash at bank and in hand
19,218 
32,643 
Creditors: amounts falling due within one year
(13,975)
(29,757)
Net current assets
5,243 
2,886 
Net assets
9,381 
7,933 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
9,380 
7,932 
Shareholders' funds
9,381 
7,933 
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 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 28 October 2024 and were signed on its behalf by
Zynul Ahmed Director Company Registration No. 14234861
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PAYROLL4SMART LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
PAYROLL4SMART LTD is a private company, limited by shares, registered in England and Wales, registration number 14234861. The registered office is 16 ST. MARYS CLOSE, PRESTON, PR1 4XN, 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.
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:
Fixtures & fittings
18% on WDV
Computer equipment
18% on WDV
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
2,580 
3,575 
6,155 
At 31 July 2024
2,580 
3,575 
6,155 
Depreciation
At 1 August 2023
464 
644 
1,108 
Charge for the year
381 
528 
909 
At 31 July 2024
845 
1,172 
2,017 
Net book value
At 31 July 2024
1,735 
2,403 
4,138 
At 31 July 2023
2,116 
2,931 
5,047 
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PAYROLL4SMART LTD Notes to the Accounts for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
23,500 
Taxes and social security
1,247 
677 
Other creditors
- 
3,000 
Loans from directors
12,728 
2,580 
13,975 
29,757 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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