PADDOCK WOOD STUDENT SERVICES LIMITED

Company Registration Number:
10077246 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PADDOCK WOOD STUDENT SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

PADDOCK WOOD STUDENT SERVICES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 346 669
Total fixed assets: 346 669
Current assets
Debtors:   0 329
Cash at bank and in hand: 4,935 7,841
Total current assets: 4,935 8,170
Creditors: amounts falling due within one year: 4 (4,628) (9,636)
Net current assets (liabilities): 307 (1,466)
Total assets less current liabilities: 653 (797)
Provision for liabilities: (49) 0
Total net assets (liabilities): 604 (797)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 504 (897)
Shareholders funds: 604 (797)

The notes form part of these financial statements

PADDOCK WOOD STUDENT SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 December 2024
and signed on behalf of the board by:

Name: D A SAXBY
Status: Director

The notes form part of these financial statements

PADDOCK WOOD STUDENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents value of services rendered during the year up to the balance sheet date in the course of the Company's principal activity.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is calculated to write off the cost less estimated residual value of all tangible fixed assets over their estimated useful lives at the following rates per annum: Office Equipment - 20% and 25% on straight-line basis Garden Office - 20% on straight-line basis

Other accounting policies

Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Taxation: Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

PADDOCK WOOD STUDENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

PADDOCK WOOD STUDENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 3,536
Additions 339
At 31 March 2024 3,875
Depreciation
At 01 April 2023 2,867
Charge for year 662
At 31 March 2024 3,529
Net book value
At 31 March 2024 346
At 31 March 2023 669

PADDOCK WOOD STUDENT SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

There are no secured creditors.