Registered number: 14052050 | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
Prepared By: | ||||||||
VICTOR STEWART |
PASSFIELD ASSOCIATES LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 14052050 | ||||||||
ACCOUNTANTS | ||||||||
VICTOR STEWART |
PASSFIELD ASSOCIATES LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/04/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
PASSFIELD ASSOCIATES LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
56,008 | 37,223 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT LIABILITIES | ( | (6,237) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 8,867 | 216 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
PASSFIELD ASSOCIATES LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Plant and Machinery | reducing balance 20% | |||||||
Equipment | reducing balance 20% |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. INTANGIBLE FIXED ASSETS | ||||
Patents | Total | |||
£ | £ | |||
Cost | ||||
Additions | 450 | 450 | ||
At 30/04/2024 | 450 | 450 | ||
Depreciation | ||||
At 30/04/2024 | - | - | ||
Net Book Amounts | ||||
At 30/04/2024 | ||||
PASSFIELD ASSOCIATES LIMITED | ||||||||
4. TANGIBLE FIXED ASSETS | ||||||||
Plant and | Fixtures | |||||||
Machinery | and Fittings | Equipment | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/05/2023 | - | 4,783 | 1,222 | 6,005 | ||||
Additions | 2,671 | - | 3,210 | 5,881 | ||||
At 30/04/2024 | 2,671 | 4,783 | 4,432 | 11,886 | ||||
Depreciation | ||||||||
For the year | 534 | - | 642 | 1,176 | ||||
At 30/04/2024 | 534 | - | 642 | 1,176 | ||||
Net Book Amounts | ||||||||
At 30/04/2024 | 10,710 | |||||||
At 30/04/2023 | 6,005 | |||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,200 | - | ||||||
VAT | 1,185 | - | ||||||
Prepayments | 730 | 695 | ||||||
3,115 | 695 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 9,296 | 5,403 | ||||||
VAT | - | 4,436 | ||||||
Directors current account | 19,003 | 13,205 | ||||||
Directors current account | 30,000 | - | ||||||
Credit card | - | 556 | ||||||
Trade creditors | - | 10,000 | ||||||
Accruals | - | 9,860 | ||||||
58,299 | 43,460 | |||||||
PASSFIELD ASSOCIATES LIMITED | ||||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||
2 | 2 | |||||||
New shares issued during period: | ||||||||
1 | 1 | 1 | ||||||
1 | 1 | 1 | ||||||
- | 2 | |||||||