Company Registration No. 5668882 (England and Wales)
Pete Cowasji Ltd
Unaudited accounts
for the year ended 31 January 2024
Pete Cowasji Ltd
Unaudited accounts
Contents
Pete Cowasji Ltd
Company Information
for the year ended 31 January 2024
Company Number
5668882 (England and Wales)
Registered Office
508A HORNSEY ROAD
LONDON
N19 3QW
Accountants
David Meyer FCCA
2 Downage
London
NW4 1AA
Pete Cowasji Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
380,395
393,072
Cash at bank and in hand
14,110
61,234
Creditors: amounts falling due within one year
(36,717)
(37,315)
Net current assets
7,280
28,053
Net assets
387,675
421,125
Called up share capital
100
100
Profit and loss account
387,575
421,025
Shareholders' funds
387,675
421,125
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 29 October 2024 and were signed on its behalf by
Peter Cowasji
Director
Company Registration No. 5668882
Pete Cowasji Ltd
Notes to the Accounts
for the year ended 31 January 2024
Pete Cowasji Ltd is a private company, limited by shares, registered in England and Wales, registration number 5668882. The registered office is 508A HORNSEY ROAD, LONDON, N19 3QW.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
125,000
952,163
18,999
1,096,162
Additions
-
65,932
14,950
80,882
Disposals
-
-
(18,999)
(18,999)
At 31 January 2024
125,000
1,018,095
14,950
1,158,045
At 1 February 2023
-
698,340
4,750
703,090
Charge for the year
-
75,573
3,737
79,310
On disposals
-
-
(4,750)
(4,750)
At 31 January 2024
-
773,913
3,737
777,650
At 31 January 2024
125,000
244,182
11,213
380,395
At 31 January 2023
125,000
253,823
14,249
393,072
Pete Cowasji Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
29,470
3,717
Accrued income and prepayments
417
417
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
32,385
2,332
Loans from directors
37
74
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).