2023-04-01 11271729 2024-03-31 11271729 2023-04-01 2024-03-31 11271729 2023-03-31 11271729 2022-04-01 2023-03-31 11271729 uk-core:WithinOneYear 2023-03-31 11271729 uk-core:WithinOneYear 2024-03-31 11271729 uk-core:AfterOneYear 2023-03-31 11271729 uk-core:AfterOneYear 2024-03-31 11271729 uk-core:ShareCapital 2024-03-31 11271729 uk-core:ShareCapital 2023-03-31 11271729 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 11271729 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 11271729 uk-bus:Director1 2023-04-01 2024-03-31 11271729 uk-core:CommercialMotorVehicles 2023-03-31 11271729 uk-core:PlantMachinery 2023-03-31 11271729 uk-core:Land 2023-03-31 11271729 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 11271729 uk-core:PlantMachinery 2023-04-01 2024-03-31 11271729 uk-core:Land 2023-04-01 2024-03-31 11271729 uk-core:Land 2024-03-31 11271729 uk-core:PlantMachinery 2024-03-31 11271729 uk-core:CommercialMotorVehicles 2024-03-31 11271729 uk-core:AfterOneYear uk-core:Secured 2024-03-31 11271729 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 11271729 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11271729 uk-bus:FRS102 2023-04-01 2024-03-31 11271729 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 11271729 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
PAUL COLSELL LTD
Registered Number:11271729
For the year ended 31 March 2024
England and Wales
Report of the Directors and Financial Statements
2
For the year ended 31 March 2024
PAUL COLSELL LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11271729
As at 31 March 2024
PAUL COLSELL LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
98,374
107,744
2
98,374
107,744
Current assets
Trade and other receivables
4,128
-
3
8,951
Cash and cash equivalents
13,459
13,459
13,079
Trade and other payables: amounts falling due within one
year
(144,401)
(102,249)
4
(131,322)
(88,790)
Net current liabilities
Total assets less current liabilities
9,584
(23,578)
Trade and other payables: amounts falling due after more
than one year
(18,718)
(37,041)
5
(27,457)
Net liabilities
(42,296)
Capital and reserves
Called up share capital
1
1
Retained earnings
(27,458)
(42,297)
(27,457)
(42,296)
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Paul Colsell Director
These financial statements were approved and authorised for issue by the Board on 30 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
PAUL COLSELL LTD
Notes to the Financial Statements
Statutory Information
PAUL COLSELL LTD is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11271729.
Registered address:
The Old Surgery
St Columb
Cornwall
TR9 6AE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 April 2023
150,780
13,486
84,929
52,365
2,500
-
2,500
-
Additions
At 31 March 2024
52,365
87,429
13,486
153,280
Provision for depreciation and impairment
At 01 April 2023
43,036
8,965
34,071
-
Charge for year
11,870
1,130
10,740
-
At 31 March 2024
54,906
10,095
44,811
-
At 31 March 2024
Net book value
52,365
42,618
3,391
98,374
At 31 March 2023
52,365
50,858
4,521
107,744
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
4,128
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5
For the year ended 31 March 2024
PAUL COLSELL LTD
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,608
40,554
Taxation and social security
6,446
381
Other creditors
94,195
103,466
102,249
144,401
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
7,234
10,207
Other creditors
29,807
8,511
37,041
18,718
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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