Company Registration No. 10515730 (England and Wales)
PAKSH LTD
Unaudited accounts
for the year ended 31 March 2024
PAKSH LTD
Unaudited accounts
Contents
PAKSH LTD
Statement of financial position
as at 31 March 2024
Intangible assets
255,770
292,308
Tangible assets
6,343
7,277
Investments
1,301,221
868,482
Cash at bank and in hand
102,870
34,320
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)
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
PAKSH LTD
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 (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
Charge for the year
36,538
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
At 31 March 2024
39,554
24,409
63,963
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
At 31 March 2024
-
6,343
6,343
At 31 March 2023
1,000
6,277
7,277
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Investments
Other investments
Valuation at 1 April 2023
868,482
Valuation at 31 March 2024
1,301,221
Amounts falling due within one year
Trade debtors
132,359
131,163
Accrued income and prepayments
14,491
6,938
Other debtors
39,730
38,750
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
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
10
Average number of employees
During the year the average number of employees was 13 (2023: 10).