Company Registration No. 10981828 (England and Wales)
PAYDAY VENTURES LIMITED
Unaudited accounts
for the year ended 30 September 2023
PAYDAY VENTURES LIMITED
Annual report and abridged unaudited accounts
for the year ended 30 September 2023
PAYDAY VENTURES LIMITED
Company Information
for the year ended 30 September 2023
Director
Samuel William Ronald Merry
Company Number
10981828 (England and Wales)
Registered Office
27 OLD GLOUCESTER STREET
LONDON
WC1N 3AX
ENGLAND
Accountants
FKM Associates
71-75, SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
PAYDAY VENTURES LIMITED
for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PAYDAY VENTURES LIMITED for the year ended 30 September 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of PAYDAY VENTURES LIMITED, as a body, in accordance with the terms of our engagement letter dated 1 September 2019. Our work has been undertaken solely to prepare for your approval the accounts of PAYDAY VENTURES LIMITED and state those matters that we have agreed to state to the Board of Directors of PAYDAY VENTURES LIMITED, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PAYDAY VENTURES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PAYDAY VENTURES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PAYDAY VENTURES LIMITED. You consider that PAYDAY VENTURES LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PAYDAY VENTURES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
FKM Associates
Member in Practice
71-75, SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
27 November 2024
PAYDAY VENTURES LIMITED
Statement of Financial Position
as at 30 September 2023
Current assets
1,967,678
1,673,950
Creditors: amounts falling due within one year
(246,244)
(441,502)
Net current assets
1,721,434
1,232,448
Total assets less current liabilities
1,726,534
1,237,548
Net assets
1,726,534
1,237,548
Capital and reserves
1,726,534
1,237,548
PAYDAY VENTURES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10981828. The registered office is 27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX, ENGLAND.
2 Average number of employees
During the year the average number of employees was 1 (2022: 1).
For the year ending 30 September 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 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 27 November 2024
Samuel William Ronald Merry
Director
Company Registration No. 10981828