1 April 2023 false No description of principal activity Taxfiler 2024.6.1 SC631892business:PrivateLimitedCompanyLtd2023-04-012024-03-31 SC6318922023-03-31 SC6318922023-04-012024-03-31 SC631892business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 SC631892business:FilletedAccounts2023-04-012024-03-31 SC6318922024-03-31 SC631892business:Director12023-04-012024-03-31 SC631892business:RegisteredOffice2023-04-012024-03-31 SC6318922023-03-31 SC631892core:WithinOneYear2024-03-31 SC631892core:WithinOneYear2023-03-31 SC631892core:AfterOneYear2024-03-31 SC631892core:AfterOneYear2023-03-31 SC631892core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 SC631892core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC631892core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 SC631892core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC631892core:PreviouslyStatedAmount2024-03-31 SC631892core:PreviouslyStatedAmount2023-03-31 SC631892business:SmallEntities2023-04-012024-03-31 SC631892countries:Scotland2023-04-012024-03-31 SC631892core:FurnitureFittings2023-04-012024-03-31 SC631892core:FurnitureFittings2023-03-31 SC631892core:FurnitureFittings2024-03-31 SC631892business:OrdinaryShareClass12023-04-012024-03-31 SC631892business:OrdinaryShareClass12022-04-012023-03-31 SC6318922022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC631892 (Scotland)
P&N BG LTD Unaudited accounts for the year ended 31 March 2024
P&N BG LTD Unaudited accounts Contents
Page
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P&N BG LTD Company Information for the year ended 31 March 2024
Director
Nayda Ivanova
Company Number
SC631892 (Scotland)
Registered Office
231 LINKS STREET KIRKCALDY KY1 1SE SCOTLAND
Accountants
DoKument Ltd Corbet Arms High Street Market Drayton Shropshire TF9 1PY
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P&N BG LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
73 
109 
Current assets
Inventories
30,605 
30,605 
Debtors
90 
958 
Cash at bank and in hand
30,565 
25,267 
61,260 
56,830 
Creditors: amounts falling due within one year
(24,585)
(43,378)
Net current assets
36,675 
13,452 
Total assets less current liabilities
36,748 
13,561 
Creditors: amounts falling due after more than one year
(4,102)
(7,073)
Net assets
32,646 
6,488 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
32,546 
6,388 
Shareholders' funds
32,646 
6,488 
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 24 October 2024 and were signed on its behalf by
Nayda Ivanova Director Company Registration No. SC631892
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P&N BG LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
P&N BG LTD is a private company, limited by shares, registered in Scotland, registration number SC631892. The registered office is 231 LINKS STREET, KIRKCALDY, KY1 1SE, SCOTLAND.
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
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.
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:
Fixtures & fittings
25% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2023
145 
At 31 March 2024
145 
Depreciation
At 1 April 2023
36 
Charge for the year
36 
At 31 March 2024
72 
Net book value
At 31 March 2024
73 
At 31 March 2023
109 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
90 
958 
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P&N BG LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,000 
3,000 
Trade creditors
7,367 
9,401 
Taxes and social security
8,555 
3,083 
Loans from directors
5,663 
27,894 
24,585 
43,378 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
4,102 
7,073 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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