29 July 2023 false No description of principal activity Taxfiler 2024.6.1 05865036business:PrivateLimitedCompanyLtd2023-07-292024-07-28 058650362023-07-28 058650362023-07-292024-07-28 05865036business:AuditExemptWithAccountantsReport2023-07-292024-07-28 05865036business:FilletedAccounts2023-07-292024-07-28 058650362024-07-28 05865036business:Director12023-07-292024-07-28 058650362023-07-28 05865036core:WithinOneYear2024-07-28 05865036core:WithinOneYear2023-07-28 05865036core:AfterOneYear2024-07-28 05865036core:AfterOneYear2023-07-28 05865036core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-28 05865036core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-28 05865036core:PreviouslyStatedAmount2024-07-28 05865036core:PreviouslyStatedAmount2023-07-28 05865036business:SmallEntities2023-07-292024-07-28 05865036countries:EnglandWales2023-07-292024-07-28 05865036core:Goodwill2023-07-28 05865036core:Goodwill2024-07-28 05865036core:FurnitureFittings2023-07-28 05865036core:FurnitureFittings2024-07-28 05865036core:FurnitureFittings2023-07-292024-07-28 058650362022-07-292023-07-28 iso4217:GBP xbrli:pure
Company Registration No. 05865036 (England and Wales)
PCFX LIMITED Unaudited accounts for the year ended 28 July 2024
PCFX LIMITED Unaudited accounts Contents
Page
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PCFX LIMITED Company Information for the year ended 28 July 2024
Director
Mr M A Khan
Company Number
05865036 (England and Wales)
Accountants
AK ACCOUNTANTS 562-564 MANCHESTER ROAD BRADFORD WEST YORKSHIRE BD5 7LR
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PCFX LIMITED Accountants' report
Accountants' report to the director of PCFX LIMITED on the preparation of the unaudited statutory accounts for the year ended 28 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PCFX LIMITED for the year ended 28 July 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PCFX LIMITED, as a body, in accordance with the terms of our engagement letter dated 31 October 2018. Our work has been undertaken solely to prepare for your approval the accounts of PCFX LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PCFX LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PCFX LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PCFX LIMITED. You consider that PCFX LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PCFX LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
AK ACCOUNTANTS 562-564 MANCHESTER ROAD BRADFORD WEST YORKSHIRE BD5 7LR 4 September 2024
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PCFX LIMITED Statement of financial position as at 28 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,410 
1,410 
Tangible assets
3,184 
3,746 
4,594 
5,156 
Current assets
Inventories
232,757 
256,060 
Cash at bank and in hand
46,319 
62,246 
279,076 
318,306 
Creditors: amounts falling due within one year
(183,787)
(177,151)
Net current assets
95,289 
141,155 
Total assets less current liabilities
99,883 
146,311 
Creditors: amounts falling due after more than one year
- 
(50,000)
Net assets
99,883 
96,311 
Capital and reserves
Profit and loss account
99,883 
96,311 
Shareholders' funds
99,883 
96,311 
For the year ending 28 July 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 his 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 4 September 2024 and were signed on its behalf by
Mr M A Khan Director Company Registration No. 05865036
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PCFX LIMITED Notes to the Accounts for the year ended 28 July 2024
1
Statutory information
PCFX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05865036.
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 29 July 2023
1,410 
At 28 July 2024
1,410 
Amortisation
At 29 July 2023
- 
At 28 July 2024
- 
Net book value
At 28 July 2024
1,410 
At 28 July 2023
1,410 
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PCFX LIMITED Notes to the Accounts for the year ended 28 July 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 29 July 2023
9,870 
At 28 July 2024
9,870 
Depreciation
At 29 July 2023
6,124 
Charge for the year
562 
At 28 July 2024
6,686 
Net book value
At 28 July 2024
3,184 
At 28 July 2023
3,746 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,649 
12,672 
Trade creditors
- 
9,961 
Taxes and social security
23,018 
16,840 
Loans from directors
148,524 
129,310 
Accruals
6,596 
8,368 
183,787 
177,151 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
50,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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