P A G KITCHEN INSTALLATIONS LIMITED

Company Registration Number:
05678121 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

P A G KITCHEN INSTALLATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

P A G KITCHEN INSTALLATIONS LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 3,298 4,126
Total fixed assets: 3,298 4,126
Current assets
Debtors:   7,040 4,898
Cash at bank and in hand: 62 570
Total current assets: 7,102 5,468
Creditors: amounts falling due within one year: 4 (9,417) (8,494)
Net current assets (liabilities): (2,315) (3,026)
Total assets less current liabilities: 983 1,100
Provision for liabilities: (627) (784)
Total net assets (liabilities): 356 316
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 346 306
Shareholders funds: 356 316

The notes form part of these financial statements

P A G KITCHEN INSTALLATIONS LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 October 2024
and signed on behalf of the board by:

Name: P A GURNEY
Status: Director

The notes form part of these financial statements

P A G KITCHEN INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the value of goods and services provided to customers and is recognised by reference to the stage of completion at the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment. Depreciation is calculated to write off the cost less estimated residual value of all tangible fixed assets over their estimated useful lives at the following rates per annum: Office Equipment - 25% on straight line instalments basis Motor Vehicles - 20% on reducing instalments basis

Other accounting policies

Taxation: Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

P A G KITCHEN INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

P A G KITCHEN INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 9,367
At 31 January 2024 9,367
Depreciation
At 01 February 2023 5,241
Charge for year 828
At 31 January 2024 6,069
Net book value
At 31 January 2024 3,298
At 31 January 2023 4,126

P A G KITCHEN INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

There are no secured creditors.

P A G KITCHEN INSTALLATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Loans to directors

Name of director receiving advance or credit: P A Gurney
Description of the loan: Previous Short Term Loan of £2,500 repaid in full on 25/10/2023. Subsequent Loan repaid in full on 31/10/2024.
£
Balance at 01 February 2023 2,500
Advances or credits made: 5,750
Advances or credits repaid: 2,500
Balance at 31 January 2024 5,750