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Company Registration No. 06589796 (England and Wales)
PASSPORTSCAN LIMITED Unaudited accounts for the year ended 31 December 2023
PASSPORTSCAN LIMITED Unaudited accounts Contents
Page
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PASSPORTSCAN LIMITED Company Information for the year ended 31 December 2023
Directors
Davide Palo Massimo Palo
Company Number
06589796 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ ENGLAND
Accountants
Heartwood Accountants Limited 103 High Street Waltham Cross Herts EN87AN
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of PASSPORTSCAN LIMITED for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PASSPORTSCAN LIMITED for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of PASSPORTSCAN LIMITED, as a body, in accordance with the terms of our engagement letter dated 12 November 2020. Our work has been undertaken solely to prepare for your approval the accounts of PASSPORTSCAN LIMITED and state those matters that we have agreed to state to the Board of Directors of PASSPORTSCAN LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PASSPORTSCAN LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PASSPORTSCAN LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PASSPORTSCAN LIMITED. You consider that PASSPORTSCAN LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PASSPORTSCAN LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Heartwood Accountants Limited Chartered Accountants 103 High Street Waltham Cross Herts EN87AN 26 September 2024
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PASSPORTSCAN LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,239 
7,855 
Current assets
Debtors
167,503 
103,893 
Cash at bank and in hand
511,789 
468,580 
679,292 
572,473 
Creditors: amounts falling due within one year
(654,263)
(575,829)
Net current assets/(liabilities)
25,029 
(3,356)
Net assets
30,268 
4,499 
Capital and reserves
Called up share capital
1,000 
810 
Profit and loss account
29,268 
3,689 
Shareholders' funds
30,268 
4,499 
For the year ending 31 December 2023 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 26 September 2024 and were signed on its behalf by
Massimo Palo Director Company Registration No. 06589796
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PASSPORTSCAN LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
PASSPORTSCAN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06589796. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, 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:
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
216 
9,731 
7,718 
17,665 
At 31 December 2023
216 
9,731 
7,718 
17,665 
Depreciation
At 1 January 2023
118 
5,405 
4,287 
9,810 
Charge for the year
32 
1,441 
1,143 
2,616 
At 31 December 2023
150 
6,846 
5,430 
12,426 
Net book value
At 31 December 2023
66 
2,885 
2,288 
5,239 
At 31 December 2022
98 
4,326 
3,431 
7,855 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
515 
Trade debtors
78,343 
14,218 
Other debtors
89,160 
89,160 
167,503 
103,893 
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PASSPORTSCAN LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
579 
- 
Trade creditors
303,691 
489,726 
Taxes and social security
6,613 
3,914 
Other creditors
74,586 
69,405 
Loans from directors
13,344 
12,784 
Accruals
255,450 
- 
654,263 
575,829 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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