Company Registration No. 11143674 (England and Wales)
PAVELINE DRIVEWAYS LIMITED
Unaudited accounts
for the year ended 31 January 2024
PAVELINE DRIVEWAYS LIMITED
Unaudited accounts
Contents
PAVELINE DRIVEWAYS LIMITED
Company Information
for the year ended 31 January 2024
Company Number
11143674 (England and Wales)
Registered Office
7 WHETSTONE ROAD
WOLVERHAMPTON
WV10 9UF
ENGLAND
Accountants
Charterhouse Accountants
69-71 Lichfield Road
Wednesfield
PAVELINE DRIVEWAYS LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
51,690
53,540
Cash at bank and in hand
(54,645)
-
Creditors: amounts falling due within one year
(29,341)
(33,391)
Net current liabilities
(40,198)
(13,391)
Total assets less current liabilities
11,492
40,149
Creditors: amounts falling due after more than one year
-
(21,454)
Called up share capital
100
100
Profit and loss account
11,392
18,595
Shareholders' funds
11,492
18,695
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 12 July 2024 and were signed on its behalf by
A T Quinn
Director
Company Registration No. 11143674
PAVELINE DRIVEWAYS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
PAVELINE DRIVEWAYS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11143674. The registered office is 7 WHETSTONE ROAD, WOLVERHAMPTON, WV10 9UF, 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
3,500
51,040
54,540
At 31 January 2024
4,550
51,040
55,590
At 1 February 2023
-
1,000
1,000
Charge for the year
2,900
-
2,900
At 31 January 2024
2,900
1,000
3,900
At 31 January 2024
1,650
50,040
51,690
At 31 January 2023
3,500
50,040
53,540
Amounts falling due within one year
PAVELINE DRIVEWAYS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
(10,220)
-
Loans from directors
39,538
33,391
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
21,454
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).