Company Registration No. 03720886 (England and Wales)
P&A Accountants Limited
Unaudited accounts
for the year ended 31 March 2024
P&A Accountants Limited
Unaudited accounts
Contents
P&A Accountants Limited
Company Information
for the year ended 31 March 2024
Secretary
P&A Secretaries Limited
Company Number
03720886 (England and Wales)
Registered Office
c/o Pearson & Associates
Suite E, Canal Wharf, Eshton Road
Gargrave, Skipton
BD23 3SE
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
P&A Accountants Limited
Statement of financial position
as at 31 March 2024
Tangible assets
1,486
1,860
Cash at bank and in hand
6,936
1,169
Creditors: amounts falling due within one year
(103,998)
(147,357)
Net current assets
2,366
1,414
Called up share capital
100
100
Profit and loss account
3,752
3,174
Shareholders' funds
3,852
3,274
For the year ending 31 March 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 1 November 2024 and were signed on its behalf by
A Howarth
Director
Company Registration No. 03720886
P&A Accountants Limited
Notes to the Accounts
for the year ended 31 March 2024
P&A Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 03720886. The registered office is c/o Pearson & Associates, Suite E, Canal Wharf, Eshton Road, Gargrave, Skipton, BD23 3SE.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
P&A Accountants Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
14,474
5,400
19,874
At 31 March 2024
14,474
5,400
19,874
At 1 April 2023
13,477
4,537
18,014
Charge for the year
149
225
374
At 31 March 2024
13,626
4,762
18,388
At 31 March 2024
848
638
1,486
At 31 March 2023
997
863
1,860
Amounts falling due within one year
Trade debtors
70,470
100,992
Accrued income and prepayments
1,303
3,955
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,689
11,203
Trade creditors
4,303
4,407
Amounts owed to group undertakings and other participating interests
34,107
35,034
Taxes and social security
33,949
51,502
Other creditors
3,679
1,537
Loans from directors
23,271
43,674
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Average number of employees
During the year the average number of employees was 6 (2023: 6).