2023-04-012024-03-312024-03-31false12473276PAIR-COM INTERNATIONAL LTD2024-10-2278109iso4217:GBPxbrli:pure124732762023-04-01124732762024-03-31124732762023-04-012024-03-31124732762022-04-01124732762023-03-31124732762022-04-012023-03-3112473276bus:SmallEntities2023-04-012024-03-3112473276bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3112473276bus:FullAccounts2023-04-012024-03-3112473276bus:PrivateLimitedCompanyLtd2023-04-012024-03-3112473276core:WithinOneYear2024-03-3112473276core:AfterOneYear2024-03-3112473276core:WithinOneYear2023-03-3112473276core:AfterOneYear2023-03-3112473276core:ShareCapital2024-03-3112473276core:SharePremium2024-03-3112473276core:RevaluationReserve2024-03-3112473276core:OtherReservesSubtotal2024-03-3112473276core:RetainedEarningsAccumulatedLosses2024-03-3112473276core:ShareCapital2023-03-3112473276core:SharePremium2023-03-3112473276core:RevaluationReserve2023-03-3112473276core:OtherReservesSubtotal2023-03-3112473276core:RetainedEarningsAccumulatedLosses2023-03-3112473276core:LandBuildings2024-03-3112473276core:PlantMachinery2024-03-3112473276core:Vehicles2024-03-3112473276core:FurnitureFittings2024-03-3112473276core:OfficeEquipment2024-03-3112473276core:NetGoodwill2024-03-3112473276core:IntangibleAssetsOtherThanGoodwill2024-03-3112473276core:ListedExchangeTraded2024-03-3112473276core:UnlistedNon-exchangeTraded2024-03-3112473276core:LandBuildings2023-03-3112473276core:PlantMachinery2023-03-3112473276core:Vehicles2023-03-3112473276core:FurnitureFittings2023-03-3112473276core:OfficeEquipment2023-03-3112473276core:NetGoodwill2023-03-3112473276core:IntangibleAssetsOtherThanGoodwill2023-03-3112473276core:ListedExchangeTraded2023-03-3112473276core:UnlistedNon-exchangeTraded2023-03-3112473276core:LandBuildings2023-04-012024-03-3112473276core:PlantMachinery2023-04-012024-03-3112473276core:Vehicles2023-04-012024-03-3112473276core:FurnitureFittings2023-04-012024-03-3112473276core:OfficeEquipment2023-04-012024-03-3112473276core:NetGoodwill2023-04-012024-03-3112473276core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112473276core:ListedExchangeTraded2023-04-012024-03-3112473276core:UnlistedNon-exchangeTraded2023-04-012024-03-3112473276core:MoreThanFiveYears2023-04-012024-03-3112473276core:Non-currentFinancialInstruments2024-03-3112473276core:Non-currentFinancialInstruments2023-03-3112473276dpl:CostSales2023-04-012024-03-3112473276dpl:DistributionCosts2023-04-012024-03-3112473276core:LandBuildings2023-04-012024-03-3112473276core:PlantMachinery2023-04-012024-03-3112473276core:Vehicles2023-04-012024-03-3112473276core:FurnitureFittings2023-04-012024-03-3112473276core:OfficeEquipment2023-04-012024-03-3112473276dpl:AdministrativeExpenses2023-04-012024-03-3112473276core:NetGoodwill2023-04-012024-03-3112473276core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112473276dpl:GroupUndertakings2023-04-012024-03-3112473276dpl:ParticipatingInterests2023-04-012024-03-3112473276dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3112473276core:ListedExchangeTraded2023-04-012024-03-3112473276dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3112473276core:UnlistedNon-exchangeTraded2023-04-012024-03-3112473276dpl:CostSales2022-04-012023-03-3112473276dpl:DistributionCosts2022-04-012023-03-3112473276core:LandBuildings2022-04-012023-03-3112473276core:PlantMachinery2022-04-012023-03-3112473276core:Vehicles2022-04-012023-03-3112473276core:FurnitureFittings2022-04-012023-03-3112473276core:OfficeEquipment2022-04-012023-03-3112473276dpl:AdministrativeExpenses2022-04-012023-03-3112473276core:NetGoodwill2022-04-012023-03-3112473276core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3112473276dpl:GroupUndertakings2022-04-012023-03-3112473276dpl:ParticipatingInterests2022-04-012023-03-3112473276dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3112473276core:ListedExchangeTraded2022-04-012023-03-3112473276dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3112473276core:UnlistedNon-exchangeTraded2022-04-012023-03-3112473276core:NetGoodwill2024-03-3112473276core:IntangibleAssetsOtherThanGoodwill2024-03-3112473276core:LandBuildings2024-03-3112473276core:PlantMachinery2024-03-3112473276core:Vehicles2024-03-3112473276core:FurnitureFittings2024-03-3112473276core:OfficeEquipment2024-03-3112473276core:AfterOneYear2024-03-3112473276core:WithinOneYear2024-03-3112473276core:ListedExchangeTraded2024-03-3112473276core:UnlistedNon-exchangeTraded2024-03-3112473276core:ShareCapital2024-03-3112473276core:SharePremium2024-03-3112473276core:RevaluationReserve2024-03-3112473276core:OtherReservesSubtotal2024-03-3112473276core:RetainedEarningsAccumulatedLosses2024-03-3112473276core:NetGoodwill2023-03-3112473276core:IntangibleAssetsOtherThanGoodwill2023-03-3112473276core:LandBuildings2023-03-3112473276core:PlantMachinery2023-03-3112473276core:Vehicles2023-03-3112473276core:FurnitureFittings2023-03-3112473276core:OfficeEquipment2023-03-3112473276core:AfterOneYear2023-03-3112473276core:WithinOneYear2023-03-3112473276core:ListedExc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PAIR-COM INTERNATIONAL LTD

Registered Number
12473276
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

PAIR-COM INTERNATIONAL LTD
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

HARVEY, J C
YABRUDY PSINAKIS, Carlos Daniel

Registered Address

1 Gemini Court, 42a Throwley Way
Sutton
SM1 4AF

Registered Number

12473276 (England and Wales)
PAIR-COM INTERNATIONAL LTD
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3107,08370,754
107,08370,754
Current assets
Debtors4479,319323,469
Cash at bank and on hand52,358129,191
531,677452,660
Creditors amounts falling due within one year5(270,653)(164,100)
Net current assets (liabilities)261,024288,560
Total assets less current liabilities368,107359,314
Creditors amounts falling due after one year6(96,050)(52,967)
Provisions for liabilities8(246)(17,689)
Accruals and deferred income(32,782)(10,922)
Net assets239,029277,736
Capital and reserves
Called up share capital100100
Profit and loss account238,929277,636
Shareholders' funds239,029277,736
The financial statements were approved and authorised for issue by the Board of Directors on 22 October 2024, and are signed on its behalf by:
HARVEY, J C
Director
YABRUDY PSINAKIS, Carlos Daniel
Director

Registered Company No. 12473276
PAIR-COM INTERNATIONAL LTD
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings25
Vehicles25
Office Equipment25
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Related parties
For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.
2.Average number of employees

20242023
Average number of employees during the year2214
3.Tangible fixed assets

Vehicles

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 April 2374,0189,16013,87197,049
Additions69,6561,3334,24975,238
Disposals(4,268)--(4,268)
At 31 March 24139,40610,49318,120168,019
Depreciation and impairment
At 01 April 2318,5042,2905,50126,295
Charge for year30,4892,0513,15435,694
On disposals(1,053)--(1,053)
At 31 March 2447,9404,3418,65560,936
Net book value
At 31 March 2491,4666,1529,465107,083
At 31 March 2355,5146,8708,37070,754
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables267,593128,237
Other debtors211,009194,427
Prepayments and accrued income717805
Total479,319323,469
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables17,5588,877
Bank borrowings and overdrafts7,274-
Taxation and social security221,455141,780
Finance lease and HP contracts10,1147,080
Other creditors14,2526,363
Total270,653164,100
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts53,197-
Other creditors42,85352,967
Total96,05052,967
7.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts42,85352,967
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)24617,689
Total24617,689
9.Related party transactions
As at the 31st March 2024, Pair-com International Ltd was owed £14,000 from Whisky Situation Ltd, a company which is owned 100% by mutual director Carlos Yabrudy. Both directors, Carlos Yabrudy and Joe Harvey are directors and have a shareholding in Pair-com USA Ltd which was owed £26,360 on 31st March 2024.