PAINE FREE CRAFTS LTD

Company Registration Number:
SC681483 (Scotland)

Unaudited micro entity accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PAINE FREE CRAFTS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

PAINE FREE CRAFTS LTD

Company Information

for the Period Ended 31 March 2024




Registered office: 2
St. Cuthberts Avenue
Dumfries
GBR
DG2 7NZ
Company Registration Number: SC681483 (Scotland)

PAINE FREE CRAFTS LTD

Profit and Loss Account

for the Period Ended 31 March 2024


2024
£

2023
£
Turnover 79,925 93,119
Cost of Materials ( 29,155 ) ( 43,554 )
Staff Costs ( 27,791 ) ( 15,809 )
Other charges ( 19,949 ) ( 21,122 )
Profit or (Loss) for Period 3,030 12,634

PAINE FREE CRAFTS LTD

Balance sheet

As at 31 March 2024


2024
£

2023
£
Current assets: 64,480 63,373
Creditors: amounts falling due within one year: ( 7,319 ) ( 8,151 )
Net current assets (liabilities): 57,161 55,222
Total assets less current liabilities: 57,161 55,222
Total net assets (liabilities): 57,161 55,222
Capital and reserves: 57,161 55,222

PAINE FREE CRAFTS LTD

Balance sheet continued

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.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 20 December 2024
And Signed On Behalf Of The Board By:

Name: Sarah Margaret Paine
Status: Director

The notes form part of these financial statements

PAINE FREE CRAFTS LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Employee Information

    Average number of employees: 2

PAINE FREE CRAFTS LTD

Footnotes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Off balance sheet disclosure

    No