Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31No description of principal activitytrue33falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-01-01falsetrue 01460012 2024-01-01 2024-12-31 01460012 2023-01-01 2023-12-31 01460012 2024-12-31 01460012 2023-12-31 01460012 c:Director2 2024-01-01 2024-12-31 01460012 d:FurnitureFittings 2024-01-01 2024-12-31 01460012 d:FurnitureFittings 2024-12-31 01460012 d:FurnitureFittings 2023-12-31 01460012 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01460012 d:CurrentFinancialInstruments 2024-12-31 01460012 d:CurrentFinancialInstruments 2023-12-31 01460012 c:OrdinaryShareClass1 2024-01-01 2024-12-31 01460012 c:OrdinaryShareClass1 2024-12-31 01460012 c:OrdinaryShareClass1 2023-12-31 01460012 c:OrdinaryShareClass2 2024-01-01 2024-12-31 01460012 c:OrdinaryShareClass2 2024-12-31 01460012 c:OrdinaryShareClass2 2023-12-31 01460012 c:FRS102 2024-01-01 2024-12-31 01460012 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01460012 c:FullAccounts 2024-01-01 2024-12-31 01460012 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01460012 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01460012









PAUSCO AGENCIES (UK) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
PAUSCO AGENCIES (UK) LTD
 
 
  
CHARTERED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PAUSCO AGENCIES (UK) LTD
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Pausco Agencies (UK) Ltd for the year ended 31 December 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW)I am subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Pausco Agencies (UK) Ltd, as a body, in accordance with the terms of my engagement letter dated 04/06/2018My work has been undertaken solely to prepare for your approval the financial statements of Pausco Agencies (UK) Ltd and state those matters that I have agreed to state to the Board of directors of Pausco Agencies (UK) Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Pausco Agencies (UK) Ltd and its Board of directors, as a body, for my work or for this report. 

It is your duty to ensure that Pausco Agencies (UK) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Pausco Agencies (UK) Ltd. You consider that Pausco Agencies (UK) Ltd is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or review of the financial statements of Pausco Agencies (UK) Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

  



Drennan & Co.
 
Chartered Accountants
  
64 Belsize Park
London
NW3 4EH
18 February 2025
Page 1

 
PAUSCO AGENCIES (UK) LTD
REGISTERED NUMBER: 01460012

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
£
£


Fixed assets
4,932
5,285

Current assets
36,369
97,088

Creditors: amounts falling due within one year
(6,222)
(6,679)

Net current assets
 
 
30,147
 
 
90,409

Total assets less current liabilities
35,079
95,694


Net assets
35,079
95,694



Capital and reserves
35,079
95,694


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 February 2025.




Mrs. C. Paus
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
PAUSCO AGENCIES (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The entity is a limited company registered in England & Wales.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Page 3

 
PAUSCO AGENCIES (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
10% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
PAUSCO AGENCIES (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

3.


Employees

2024
2023
£
£

Wages and salaries
103,927
104,278

103,927
104,278


The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 January 2024
8,921


Additions
599



At 31 December 2024

9,520



Depreciation


At 1 January 2024
3,637


Charge for the year on owned assets
952



At 31 December 2024

4,589



Net book value



At 31 December 2024
4,931



At 31 December 2023
5,285


5.


Debtors

2024
2023
£
£


Trade debtors
10,250
36,979

Prepayments and accrued income
2,076
18,794

12,326
55,773

Page 5

 
PAUSCO AGENCIES (UK) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.Debtors (continued)



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
24,042
41,315

24,042
41,315



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
550
-

Other taxation and social security
1,340
2,255

Accruals and deferred income
4,332
4,424

6,222
6,679





8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1.00 each
100
100
999,900 (2023 - 999,900) A Ordinary shares of £1.00 each
999,900
999,900

1,000,000

1,000,000


 
Page 6