1 December 2022 false No description of principal activity Taxfiler 2024.6 06757146business:PrivateLimitedCompanyLtd2022-12-012023-11-28 067571462022-11-30 067571462022-12-012023-11-28 06757146business:AuditExemptWithAccountantsReport2022-12-012023-11-28 06757146business:FilletedAccounts2022-12-012023-11-28 067571462023-11-28 067571462022-11-30 06757146core:WithinOneYear2023-11-28 06757146core:WithinOneYear2022-11-30 06757146core:AfterOneYear2023-11-28 06757146core:AfterOneYear2022-11-30 06757146core:ShareCapitalcore:PreviouslyStatedAmount2023-11-28 06757146core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 06757146core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-28 06757146core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 06757146core:PreviouslyStatedAmount2023-11-28 06757146core:PreviouslyStatedAmount2022-11-30 06757146business:SmallEntities2022-12-012023-11-28 06757146business:Director12022-12-012023-11-28 06757146countries:EnglandWales2022-12-012023-11-28 06757146business:RegisteredOffice2022-12-012023-11-28 06757146core:PlantMachinery2022-12-012023-11-28 06757146core:MotorVehicles2022-12-012023-11-28 06757146core:PlantMachinery2022-11-30 06757146core:MotorVehicles2022-11-30 06757146core:PlantMachinery2023-11-28 06757146core:MotorVehicles2023-11-28 067571462021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 06757146 (England and Wales)
Pacific Infotech (uk) Ltd accounts for the period from 1 December 2022 to 28 November 2023
Pacific Infotech (uk) Ltd accounts Contents
Page
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Pacific Infotech (uk) Ltd Statement of financial position as at 28 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,373 
15,745 
Current assets
Debtors
531,768 
240,018 
Cash at bank and in hand
25,727 
302,916 
557,495 
542,934 
Creditors: amounts falling due within one year
(343,109)
(167,507)
Net current assets
214,386 
375,427 
Total assets less current liabilities
223,759 
391,172 
Creditors: amounts falling due after more than one year
(219,699)
(285,162)
Net assets
4,060 
106,010 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3,960 
105,910 
Shareholders' funds
4,060 
106,010 
For the period ending 28 November 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 21 November 2024 and were signed on its behalf by
Mohammad Ali Khan Director Company Registration No. 06757146
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Pacific Infotech (uk) Ltd Notes to the Accounts for the period from 1 December 2022 to 28 November 2023
1
Statutory information
Pacific Infotech (uk) Ltd is a private company, limited by shares, registered in England and Wales, registration number 06757146. The registered office is 50 Salisbury Road, Hounslow, TW4 6JQ, United Kingdom.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
Straight Line - over 4 years
Motor vehicles
Straight Line - over 4 years
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Pacific Infotech (uk) Ltd Notes to the Accounts for the period from 1 December 2022 to 28 November 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
26,359 
26,500 
52,859 
At 28 November 2023
26,359 
26,500 
52,859 
Depreciation
At 1 December 2022
19,889 
17,225 
37,114 
Charge for the period
1,072 
5,300 
6,372 
At 28 November 2023
20,961 
22,525 
43,486 
Net book value
At 28 November 2023
5,398 
3,975 
9,373 
At 30 November 2022
6,470 
9,275 
15,745 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
194,093 
56,017 
Other debtors
337,675 
184,001 
531,768 
240,018 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
30,728 
47,161 
Trade creditors
271,087 
25,485 
Taxes and social security
3,178 
7,001 
Other creditors
38,116 
14,300 
Loans from directors
- 
(176,440)
Accruals
- 
250,000 
343,109 
167,507 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
99,029 
139,396 
Other creditors
105,670 
145,766 
Loans from directors
15,000 
- 
219,699 
285,162 
8
Average number of employees
During the period the average number of employees was 4 (2022: 4).
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