Company Registration No. 14490257 (England and Wales)
Paul's Windows Ltd
Unaudited accounts
for the year ended 30 November 2024
Paul's Windows Ltd
Unaudited accounts
Contents
Paul's Windows Ltd
Company Information
for the year ended 30 November 2024
Company Number
14490257 (England and Wales)
Registered Office
JENKINS & ASSOCIATES LTD, 4 POST OFFICE
MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
UNITED KINGDOM
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
Paul's Windows Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
19,038
6,188
Cash at bank and in hand
50,973
5,621
Creditors: amounts falling due within one year
(48,328)
(8,843)
Net current assets/(liabilities)
2,645
(3,222)
Total assets less current liabilities
21,683
2,966
Creditors: amounts falling due after more than one year
(5,458)
-
Called up share capital
100
100
Profit and loss account
16,125
2,866
Shareholders' funds
16,225
2,966
For the year ending 30 November 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 14 December 2024 and were signed on its behalf by
OFFILL, Paul
Director
Company Registration No. 14490257
Paul's Windows Ltd
Notes to the Accounts
for the year ended 30 November 2024
Paul's Windows Ltd is a private company, limited by shares, registered in England and Wales, registration number 14490257. The registered office is JENKINS & ASSOCIATES LTD, 4 POST OFFICE , MARKET PLACE, WANTAGE, OXFORDSHIRE, OX12 8AT, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
8,250
-
8,250
Additions
14,995
1,299
16,294
At 30 November 2024
23,245
1,299
24,544
At 1 December 2023
2,062
-
2,062
Charge for the year
3,109
335
3,444
At 30 November 2024
5,171
335
5,506
At 30 November 2024
18,074
964
19,038
At 30 November 2023
6,188
-
6,188
Paul's Windows Ltd
Notes to the Accounts
for the year ended 30 November 2024
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,004
-
Taxes and social security
7,133
6,517
Loans from directors
32,826
1
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,458
-
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).