PAXSOLE LIMITED

Company Registration Number:
02341145 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 April 2023

End date: 31 August 2024

PAXSOLE LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

PAXSOLE LIMITED

Balance sheet

As at 31 August 2024


Notes

17 months to 31 August 2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 2,004 2,004
Investments: 4 9,298,996 6,990,616
Total fixed assets: 9,301,000 6,992,620
Current assets
Stocks: 64,343 131,843
Debtors: 5 137,250 15,551
Cash at bank and in hand: 0 584,031
Total current assets: 201,593 731,425
Creditors: amounts falling due within one year: 6 (616,245) (249,406)
Net current assets (liabilities): (414,652) 482,019
Total assets less current liabilities: 8,886,348 7,474,639
Creditors: amounts falling due after more than one year: 7 (4,639,292) (4,032,575)
Provision for liabilities: (637,136) (376,366)
Total net assets (liabilities): 3,609,920 3,065,698
Capital and reserves
Called up share capital: 120,000 120,000
Profit and loss account: 3,489,920 2,945,698
Shareholders funds: 3,609,920 3,065,698

The notes form part of these financial statements

PAXSOLE LIMITED

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 March 2025
and signed on behalf of the board by:

Name: Mr Nicholas Hartley - Aldred
Status: Director

The notes form part of these financial statements

PAXSOLE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PAXSOLE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

17 months to 31 August 2024 2023
Average number of employees during the period 1 1

PAXSOLE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 2,004
Disposals 0
At 31 August 2024 2,004
Depreciation
At 01 April 2023 0
At 31 August 2024 0
Net book value
At 31 August 2024 2,004
At 31 March 2023 2,004

PAXSOLE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Fixed investments

Investment property. Fait Value As at 1 April 2023 £6,990,616 Additions £1,518,771 Fair value adjustments £789,609 Total as at 31 August 2024 £9,298,996

PAXSOLE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

17 months to 31 August 2024 2023
££
Debtors due after more than one year: 0 0

PAXSOLE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

bank ovrdraft £15,106 Taxation £17,691 Directors loan £583,448

PAXSOLE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts As at 1 April 2023 £4,032,575 As at 31 August 2024 £4,639,292