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REGISTERED NUMBER: 12461080 (England and Wales)















Paul Hosken Furniture Ltd

Unaudited Financial Statements For The Year Ended 29 February 2024






Paul Hosken Furniture Ltd (Registered number: 12461080)






Contents of the Financial Statements
For The Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Paul Hosken Furniture Ltd

Company Information
For The Year Ended 29 February 2024







DIRECTOR: P Hosken





SECRETARY:





REGISTERED OFFICE: The Straw Barn Meppershall Road
Shillington
Hitchin
Hertfordshire
SG5 3PF





REGISTERED NUMBER: 12461080 (England and Wales)





ACCOUNTANTS: Premier Accountancy
Upton End Farm Business Park
Meppershall Road
Shillington
Bedfordshire
SG5 3PF

Paul Hosken Furniture Ltd (Registered number: 12461080)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,004 13,264

CURRENT ASSETS
Debtors 5 942 1,139
Cash at bank 4,990 2,448
5,932 3,587
CREDITORS
Amounts falling due within one year 6 5,965 5,496
NET CURRENT LIABILITIES (33 ) (1,909 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,971

11,355

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings 11,961 11,345
SHAREHOLDERS' FUNDS 11,971 11,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 September 2024 and were signed by:





P Hosken - Director


Paul Hosken Furniture Ltd (Registered number: 12461080)

Notes to the Financial Statements
For The Year Ended 29 February 2024

1. STATUTORY INFORMATION

Paul Hosken Furniture Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

Paul Hosken Furniture Ltd (Registered number: 12461080)

Notes to the Financial Statements - continued
For The Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 25,864
Additions 2,743
At 29 February 2024 28,607
DEPRECIATION
At 1 March 2023 12,600
Charge for year 4,003
At 29 February 2024 16,603
NET BOOK VALUE
At 29 February 2024 12,004
At 28 February 2023 13,264

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 942 1,139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 582
Taxation and social security 4,509 3,864
Other creditors 1,456 1,050
5,965 5,496

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary 1 10 10

Paul Hosken Furniture Ltd

Report of the Accountants to the Director of
Paul Hosken Furniture Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Premier Accountancy
Upton End Farm Business Park
Meppershall Road
Shillington
Bedfordshire
SG5 3PF


Date: .............................................