2023-06-012024-05-312024-05-31false09015229THE PAD PRESENTS LTD2024-11-2590020falseiso4217:GBPxbrli:pure090152292023-06-01090152292024-05-31090152292023-06-012024-05-31090152292022-06-01090152292023-05-31090152292022-06-012023-05-3109015229bus:SmallEntities2023-06-012024-05-3109015229bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3109015229bus:FullAccounts2023-06-012024-05-3109015229bus:PrivateLimitedCompanyLtd2023-06-012024-05-3109015229core:WithinOneYear2024-05-3109015229core:AfterOneYear2024-05-3109015229core:WithinOneYear2023-05-3109015229core:AfterOneYear2023-05-3109015229core:ShareCapital2024-05-3109015229core:SharePremium2024-05-3109015229core:RevaluationReserve2024-05-3109015229core:OtherReservesSubtotal2024-05-3109015229core:RetainedEarningsAccumulatedLosses2024-05-3109015229core:ShareCapital2023-05-3109015229core:SharePremium2023-05-3109015229core:RevaluationReserve2023-05-3109015229core:OtherReservesSubtotal2023-05-3109015229core:RetainedEarningsAccumulatedLosses2023-05-3109015229core:LandBuildings2024-05-3109015229core:PlantMachinery2024-05-3109015229core:Vehicles2024-05-3109015229core:FurnitureFittings2024-05-3109015229core:OfficeEquipment2024-05-3109015229core:NetGoodwill2024-05-3109015229core:IntangibleAssetsOtherThanGoodwill2024-05-3109015229core:ListedExchangeTraded2024-05-3109015229core:UnlistedNon-exchangeTraded2024-05-3109015229core:LandBuildings2023-05-3109015229core:PlantMachinery2023-05-3109015229core:Vehicles2023-05-3109015229core:FurnitureFittings2023-05-3109015229core:OfficeEquipment2023-05-3109015229core:NetGoodwill2023-05-3109015229core:IntangibleAssetsOtherThanGoodwill2023-05-3109015229core:ListedExchangeTraded2023-05-3109015229core:UnlistedNon-exchangeTraded2023-05-3109015229core:LandBuildings2023-06-012024-05-3109015229core:PlantMachinery2023-06-012024-05-3109015229core:Vehicles2023-06-012024-05-3109015229core:FurnitureFittings2023-06-012024-05-3109015229core:OfficeEquipment2023-06-012024-05-3109015229core:NetGoodwill2023-06-012024-05-3109015229core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109015229core:ListedExchangeTraded2023-06-012024-05-3109015229core:UnlistedNon-exchangeTraded2023-06-012024-05-3109015229core:MoreThanFiveYears2023-06-012024-05-3109015229core:Non-currentFinancialInstruments2024-05-3109015229core:Non-currentFinancialInstruments2023-05-3109015229dpl:CostSales2023-06-012024-05-3109015229dpl:DistributionCosts2023-06-012024-05-3109015229core:LandBuildings2023-06-012024-05-3109015229core:PlantMachinery2023-06-012024-05-3109015229core:Vehicles2023-06-012024-05-3109015229core:FurnitureFittings2023-06-012024-05-3109015229core:OfficeEquipment2023-06-012024-05-3109015229dpl:AdministrativeExpenses2023-06-012024-05-3109015229core:NetGoodwill2023-06-012024-05-3109015229core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109015229dpl:GroupUndertakings2023-06-012024-05-3109015229dpl:ParticipatingInterests2023-06-012024-05-3109015229dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3109015229core:ListedExchangeTraded2023-06-012024-05-3109015229dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3109015229core:UnlistedNon-exchangeTraded2023-06-012024-05-3109015229dpl:CostSales2022-06-012023-05-3109015229dpl:DistributionCosts2022-06-012023-05-3109015229core:LandBuildings2022-06-012023-05-3109015229core:PlantMachinery2022-06-012023-05-3109015229core:Vehicles2022-06-012023-05-3109015229core:FurnitureFittings2022-06-012023-05-3109015229core:OfficeEquipment2022-06-012023-05-3109015229dpl:AdministrativeExpenses2022-06-012023-05-3109015229core:NetGoodwill2022-06-012023-05-3109015229core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3109015229dpl:GroupUndertakings2022-06-012023-05-3109015229dpl:ParticipatingInterests2022-06-012023-05-3109015229dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3109015229core:ListedExchangeTraded2022-06-012023-05-3109015229dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3109015229core:UnlistedNon-exchangeTraded2022-06-012023-05-3109015229core:NetGoodwill2024-05-3109015229core:IntangibleAssetsOtherThanGoodwill2024-05-3109015229core:LandBuildings2024-05-3109015229core:PlantMachinery2024-05-3109015229core:Vehicles2024-05-3109015229core:FurnitureFittings2024-05-3109015229core:OfficeEquipment2024-05-3109015229core:AfterOneYear2024-05-3109015229core:WithinOneYear2024-05-3109015229core:ListedExchangeTraded2024-05-3109015229core:UnlistedNon-exchangeTraded2024-05-3109015229core:ShareCapital2024-05-3109015229core:SharePremium2024-05-3109015229core:RevaluationReserve2024-05-3109015229core:OtherReservesSubtotal2024-05-3109015229core:RetainedEarningsAccumulatedLosses2024-05-3109015229core:NetGoodwill2023-05-3109015229core:IntangibleAssetsOtherThanGoodwill2023-05-3109015229core:LandBuildings2023-05-3109015229core:PlantMachinery2023-05-3109015229core:Vehicles2023-05-3109015229core:FurnitureFittings2023-05-3109015229core:OfficeEquipment2023-05-3109015229core:AfterOneYear2023-05-3109015229core:WithinOneYear2023-05-3109015229core:ListedExchangeTraded2023-05-3109015229core:UnlistedNon-exchangeTraded2023-05-3109015229core:ShareCapital2023-05-3109015229core:SharePremium2023-05-3109015229core:RevaluationReserve2023-05-3109015229core:OtherReservesSubtotal2023-05-3109015229core:RetainedEarningsAccumulatedLosses2023-05-3109015229core:NetGoodwill2022-06-0109015229core:IntangibleAssetsOtherThanGoodwill2022-06-0109015229core:LandBuildings2022-06-0109015229core:PlantMachinery2022-06-0109015229core:Vehicles2022-06-0109015229core:FurnitureFittings2022-06-0109015229core:OfficeEquipment2022-06-0109015229core:AfterOneYear2022-06-0109015229core:WithinOneYear2022-06-0109015229core:ListedExchangeTraded2022-06-0109015229core:UnlistedNon-exchangeTraded2022-06-0109015229core:ShareCapital2022-06-0109015229core:SharePremium2022-06-0109015229core:RevaluationReserve2022-06-0109015229core:OtherReservesSubtotal2022-06-0109015229core:RetainedEarningsAccumulatedLosses2022-06-0109015229core:AfterOneYear2023-06-012024-05-3109015229core:WithinOneYear2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109015229core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3109015229core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3109015229core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3109015229core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3109015229core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3109015229core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3109015229core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3109015229core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3109015229core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3109015229core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3109015229core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3109015229bus:Director12023-06-012024-05-3109015229bus:Director22023-06-012024-05-3109015229core:FurnitureFittingsToolsEquipment2023-05-3109015229core:FurnitureFittingsToolsEquipment2023-06-012024-05-3109015229core:FurnitureFittingsToolsEquipment2024-05-31

THE PAD PRESENTS LTD

Registered Number
09015229
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

THE PAD PRESENTS LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

BAILEY, Kevin
BARBER, Gareth David

Company Secretary

BAILEY, Sarah Lucy

Registered Address

Excel House
3 Duke Street
Bedford
MK40 3HR

Registered Number

09015229 (England and Wales)
THE PAD PRESENTS LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets365,3511,605
65,3511,605
Current assets
Debtors3,6342,269
Cash at bank and on hand90,309138,581
93,943140,850
Prepayments and accrued income53,22039,875
Creditors amounts falling due within one year4(110,964)(88,943)
Net current assets (liabilities)36,19991,782
Total assets less current liabilities101,55093,387
Net assets101,55093,387
Capital and reserves
Called up share capital33
Profit and loss account101,54793,384
Shareholders' funds101,55093,387
The financial statements were approved and authorised for issue by the Board of Directors on 25 November 2024, and are signed on its behalf by:
BAILEY, Kevin
Director
BARBER, Gareth David
Director

Registered Company No. 09015229
THE PAD PRESENTS LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Fixtures and fittings20
Vehicles25
Office Equipment20
2.Average number of employees

20242023
Average number of employees during the year41
3.Tangible fixed assets

Vehicles

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 June 23--2,2192,219
Additions59,8332,8765,43668,145
At 31 May 2459,8332,8767,65570,364
Depreciation and impairment
At 01 June 23--614614
Charge for year3,740895704,399
At 31 May 243,740891,1845,013
Net book value
At 31 May 2456,0932,7876,47165,351
At 31 May 23--1,6051,605
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables14,2133,291
Taxation and social security45,26833,290
Other creditors8,2709,148
Accrued liabilities and deferred income43,21343,214
Total110,96488,943
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.