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
P&N BG LTD
Company Information
for the year ended 31 March 2024
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
P&N BG LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
30,565
25,267
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)
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
P&N BG LTD
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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.
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
Amounts falling due within one year
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
7
Creditors: amounts falling due after more than one year
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).