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Company Registration No. 11841437 (England and Wales)
Pillow Finance Limited Unaudited accounts for the year ended 29 February 2024
Pillow Finance Limited Unaudited accounts Contents
Page
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Pillow Finance Limited Company Information for the year ended 29 February 2024
Directors
Danny Jose Simi Jose
Company Number
11841437 (England and Wales)
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Pillow Finance Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
422 
541 
Current assets
Debtors
45,034 
44,979 
Cash at bank and in hand
202 
768 
45,236 
45,747 
Net current assets
45,236 
45,747 
Total assets less current liabilities
45,658 
46,288 
Creditors: amounts falling due after more than one year
(49,661)
(50,000)
Net liabilities
(4,003)
(3,712)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(4,005)
(3,714)
Shareholders' funds
(4,003)
(3,712)
For the year ending 29 February 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 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 26 November 2024 and were signed on its behalf by
Danny Jose Director Company Registration No. 11841437
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Pillow Finance Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Pillow Finance Limited is a private company, limited by shares, registered in England and Wales, registration number 11841437.
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 year, 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.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,200 
At 29 February 2024
1,200 
Depreciation
At 1 March 2023
659 
Charge for the year
119 
At 29 February 2024
778 
Net book value
At 29 February 2024
422 
At 28 February 2023
541 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
45,034 
44,979 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
49,661 
50,000 
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Pillow Finance Limited Notes to the Accounts for the year ended 29 February 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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