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Company Registration No. 10576079 (England and Wales)
Paula Rooney Limited Unaudited accounts for the year ended 31 January 2024
Paula Rooney Limited Unaudited accounts Contents
Page
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Paula Rooney Limited Company Information for the year ended 31 January 2024
Director
Paula Rooney-Yuen
Company Number
10576079 (England and Wales)
Registered Office
The Stables Manor Farm Yar Upton Grey Basingstoke Hampshire RG25 2RQ
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Paula Rooney Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,576 
6,754 
Current assets
Debtors
2,253 
29,950 
Cash at bank and in hand
14,647 
1,134 
16,900 
31,084 
Creditors: amounts falling due within one year
15,078 
28,874 
Net current assets
31,978 
59,958 
Total assets less current liabilities
37,554 
66,712 
Creditors: amounts falling due after more than one year
(25,955)
(76,295)
Net assets/(liabilities)
11,599 
(9,583)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
11,499 
(9,683)
Shareholders' funds
11,599 
(9,583)
For the year ending 31 January 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 director acknowledges her 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 and authorised for issue on 31 January 2025 and were signed on its behalf by
Paula Rooney-Yuen Director Company Registration No. 10576079
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Paula Rooney Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Paula Rooney Limited is a private company, limited by shares, registered in England and Wales, registration number 10576079. The registered office is The Stables Manor Farm Yar, Upton Grey, Basingstoke, Hampshire, RG25 2RQ.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
7,500 
10,946 
1,931 
20,377 
Additions
- 
- 
1,416 
1,416 
At 31 January 2024
7,500 
10,946 
3,347 
21,793 
Depreciation
At 1 February 2023
1,875 
10,373 
1,375 
13,623 
Charge for the year
1,875 
(191)
910 
2,594 
At 31 January 2024
3,750 
10,182 
2,285 
16,217 
Net book value
At 31 January 2024
3,750 
764 
1,062 
5,576 
At 31 January 2023
5,625 
573 
556 
6,754 
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Paula Rooney Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,107 
29,950 
Accrued income and prepayments
(18,854)
- 
2,253 
29,950 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,500 
7,500 
VAT
6,105 
(10,114)
Obligations under finance leases and hire purchase contracts
283 
- 
Trade creditors
17,019 
20,208 
Taxes and social security
33,139 
14,081 
Other creditors
- 
1,542 
Loans from directors
(79,124)
(62,091)
(15,078)
(28,874)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
25,672 
31,843 
Obligations under finance leases and hire purchase contracts
283 
- 
Taxes and social security
- 
44,452 
25,955 
76,295 
8
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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