PAGAN CONSTRUCTION LTD

Company Registration Number:
10854101 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

PAGAN CONSTRUCTION LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

PAGAN CONSTRUCTION LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 49,008 65,119
Total fixed assets: 49,008 65,119
Current assets
Stocks: 231 0
Debtors:   111,783 159,379
Cash at bank and in hand: 40,596 333
Total current assets: 152,610 159,712
Creditors: amounts falling due within one year:   (45,512) (69,038)
Net current assets (liabilities): 107,098 90,674
Total assets less current liabilities: 156,106 155,793
Creditors: amounts falling due after more than one year:   0 (50,606)
Provision for liabilities: (8,341) (3,280)
Total net assets (liabilities): 147,765 101,907
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 147,665 101,807
Shareholders funds: 147,765 101,907

The notes form part of these financial statements

PAGAN CONSTRUCTION LTD

Balance sheet statements

For the year ending 31 July 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 21 January 2025
and signed on behalf of the board by:

Name: Mr D Pagan
Status: Director

The notes form part of these financial statements

PAGAN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:- Fixtures and fittings 25% straight line Computers 25% straight line Motor Vehicles 25% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss

PAGAN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 3 2

PAGAN CONSTRUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 83,315
Additions 13,913
Disposals (10,086)
At 31 July 2024 87,142
Depreciation
At 01 August 2023 18,196
Charge for year 20,746
On disposals (808)
At 31 July 2024 38,134
Net book value
At 31 July 2024 49,008
At 31 July 2023 65,119