Company Registration No. 02021612 (England and Wales)
Guy Payne Of London Limited
Unaudited accounts
for the year ended 31 July 2024
Guy Payne Of London Limited
Unaudited accounts
Contents
Guy Payne Of London Limited
Company Information
for the year ended 31 July 2024
Director
Ian Michael WHEELER
Company Number
02021612 (England and Wales)
Registered Office
Airport House
Purley Way
Croydon
CR0 0XZ
Accountants
Accurox Limited
5 Strand Court
Bath Road
Cheltenham
GL53 7LW
Guy Payne Of London Limited
Statement of financial position
as at 31 July 2024
Intangible assets
1,000
1,000
Tangible assets
7,470
8,300
Cash at bank and in hand
93,045
78,197
Creditors: amounts falling due within one year
(89,541)
(101,792)
Net current assets
44,648
48,133
Total assets less current liabilities
53,118
57,433
Creditors: amounts falling due after more than one year
(8,636)
(19,194)
Called up share capital
100
100
Profit and loss account
44,382
38,139
Shareholders' funds
44,482
38,239
For the year ending 31 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 24 April 2025 and were signed on its behalf by
Ian Michael WHEELER
Director
Company Registration No. 02021612
Guy Payne Of London Limited
Notes to the Accounts
for the year ended 31 July 2024
Guy Payne Of London Limited is a private company, limited by shares, registered in England and Wales, registration number 02021612. The registered office is Airport House, Purley Way, Croydon, CR0 0XZ.
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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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
Guy Payne Of London Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
13,567
39,889
53,456
At 31 July 2024
13,567
39,889
53,456
At 1 August 2023
12,267
32,889
45,156
Charge for the year
130
700
830
At 31 July 2024
12,397
33,589
45,986
At 31 July 2024
1,170
6,300
7,470
At 31 July 2023
1,300
7,000
8,300
Amounts falling due within one year
Trade debtors
41,144
71,728
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,528
10,000
Trade creditors
49,308
67,024
Taxes and social security
11,856
9,650
Loans from directors
6,665
3,453
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).