Registered number
10330179
Paul Jeffrey Associates Limited
Report and Unaudited Accounts
31 August 2024
Collins
Chartered Accountants
West Midlands
Paul Jeffrey Associates Limited
Registered number: 10330179
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £ £ £
Fixed assets
Tangible assets 3 668 1,111
Current assets
Debtors 4 6,050 19,066
Cash at bank and in hand 10,420 16,272
16,470 35,338
Creditors: amounts falling due within one year 5 (16,108) (36,091)
Net current assets/(liabilities) 362 (753)
Net assets 1,030 358
Capital and reserves
Called up share capital 10 10
Profit and loss account 1,020 348
Shareholders' funds 1,030 358
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P N I Jeffrey
Director
Approved by the board on 19 December 2024
Paul Jeffrey Associates Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 (as applicable to small companies), The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the rendering of services which is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer Equipment 25% straight line
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Computer Equipment
£
Cost
At 1 September 2023 3,714
At 31 August 2024 3,714
Depreciation
At 1 September 2023 2,603
Charge for the year 443
At 31 August 2024 3,046
Net book value
At 31 August 2024 668
At 31 August 2023 1,111
4 Debtors 2024 2023
£ £
Trade debtors 6,050 18,797
Other debtors - 269
6,050 19,066
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 1,306
Corporation tax 1,434 4,687
Other taxes and social security costs 191 2,717
Directors loans 12,833 25,781
Accruals and deferred income 1,650 1,600
16,108 36,091
6 Other information
Paul Jeffrey Associates Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Lodge,Castle Bromwich Hall
Chester Road
Castle Bromwich
West Midlands
B36 9DE
Paul Jeffrey Associates Limited 10330179 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 P N I Jeffrey No description of principal activity 10330179 2022-09-01 2023-08-31 10330179 core:WithinOneYear 2023-08-31 10330179 core:ShareCapital 2023-08-31 10330179 core:RetainedEarningsAccumulatedLosses 2023-08-31 10330179 2023-09-01 2024-08-31 10330179 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10330179 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10330179 bus:Director40 2023-09-01 2024-08-31 10330179 core:ComputerEquipment 2023-09-01 2024-08-31 10330179 countries:England 2023-09-01 2024-08-31 10330179 bus:FRS102 2023-09-01 2024-08-31 10330179 bus:FilletedAccounts 2023-09-01 2024-08-31 10330179 2024-08-31 10330179 core:WithinOneYear 2024-08-31 10330179 core:ShareCapital 2024-08-31 10330179 core:RetainedEarningsAccumulatedLosses 2024-08-31 10330179 core:ComputerEquipment 2024-08-31 10330179 2023-08-31 10330179 core:ComputerEquipment 2023-08-31 iso4217:GBP xbrli:pure