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Company Registration No. 10515730 (England and Wales)
PAKSH LTD Unaudited accounts for the year ended 31 March 2024
PAKSH LTD Unaudited accounts Contents
Page
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PAKSH LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
255,770 
292,308 
Tangible assets
6,343 
7,277 
Investments
1,301,221 
868,482 
1,563,334 
1,168,067 
Current assets
Inventories
59,059 
40,000 
Debtors
202,939 
190,058 
Cash at bank and in hand
102,870 
34,320 
364,868 
264,378 
Creditors: amounts falling due within one year
(366,263)
(175,440)
Net current (liabilities)/assets
(1,395)
88,938 
Total assets less current liabilities
1,561,939 
1,257,005 
Creditors: amounts falling due after more than one year
(1,463,241)
(1,148,202)
Net assets
98,698 
108,803 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
98,598 
108,703 
Shareholders' funds
98,698 
108,803 
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 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 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 of Directors and authorised for issue on 22 December 2024 and were signed on its behalf by
Mr Dixit M Patel Director Company Registration No. 10515730
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PAKSH LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PAKSH LTD is a private company, limited by shares, registered in England and Wales, registration number 10515730. The registered office is Verulam Pharmacy, 2 Ermine Close, St. Albans, Hertfordshire, AL3 4JZ, England.
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Straight line over the 5 Years
Computer equipment
Straight line over the 4 Years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment loss.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
475,000 
At 31 March 2024
475,000 
Amortisation
At 1 April 2023
182,692 
Charge for the year
36,538 
At 31 March 2024
219,230 
Net book value
At 31 March 2024
255,770 
At 31 March 2023
292,308 
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PAKSH LTD Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
39,554 
19,609 
59,163 
Additions
- 
4,800 
4,800 
At 31 March 2024
39,554 
24,409 
63,963 
Depreciation
At 1 April 2023
38,554 
13,332 
51,886 
Charge for the year
1,000 
4,734 
5,734 
At 31 March 2024
39,554 
18,066 
57,620 
Net book value
At 31 March 2024
- 
6,343 
6,343 
At 31 March 2023
1,000 
6,277 
7,277 
6
Investments
Other investments 
£ 
Valuation at 1 April 2023
868,482 
Additions
432,739 
Valuation at 31 March 2024
1,301,221 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
16,359 
13,207 
Trade debtors
132,359 
131,163 
Accrued income and prepayments
14,491 
6,938 
Other debtors
39,730 
38,750 
202,939 
190,058 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
174,774 
128,789 
Taxes and social security
19,770 
36,251 
Other creditors
170,708 
623 
Accruals
1,011 
9,777 
366,263 
175,440 
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PAKSH LTD Notes to the Accounts for the year ended 31 March 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,382,177 
1,088,292 
Loans from directors
81,064 
59,910 
1,463,241 
1,148,202 
10
Average number of employees
During the year the average number of employees was 13 (2023: 10).
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