1 October 2023 true Taxfiler 2024.6 09367818business:PrivateLimitedCompanyLtd2023-10-012024-09-30 093678182023-09-30 09367818business:EntityNoLongerTradingButTradedInPast2023-10-012024-09-30 093678182023-10-012024-09-30 09367818business:AuditExemptWithAccountantsReport2023-10-012024-09-30 09367818business:FilletedAccounts2023-10-012024-09-30 093678182024-09-30 09367818business:Director12023-10-012024-09-30 09367818business:RegisteredOffice2023-10-012024-09-30 093678182023-09-30 09367818core:WithinOneYear2024-09-30 09367818core:WithinOneYear2023-09-30 09367818core:AfterOneYear2024-09-30 09367818core:AfterOneYear2023-09-30 09367818core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 09367818core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 09367818core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 09367818core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 09367818core:PreviouslyStatedAmount2024-09-30 09367818core:PreviouslyStatedAmount2023-09-30 09367818business:SmallEntities2023-10-012024-09-30 09367818countries:EnglandWales2023-10-012024-09-30 09367818business:OrdinaryShareClass12023-10-012024-09-30 09367818business:OrdinaryShareClass12023-01-012023-09-30 093678182023-01-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 09367818 (England and Wales)
PAYLESS BUSINESS GROUP LTD Unaudited accounts for the year ended 30 September 2024
PAYLESS BUSINESS GROUP LTD Unaudited accounts Contents
Page
- 2 -
PAYLESS BUSINESS GROUP LTD Company Information for the year ended 30 September 2024
Director
Ben Keith Hewitt
Company Number
09367818 (England and Wales)
Registered Office
24 Ferrars Way Cambridge Cambridgeshire CB4 3RE England
Accountants
NRV Tax Ltd Suites 12 & 13 Chantal House 13-17 High Beech Road Loughton IG10 4BN
- 3 -
PAYLESS BUSINESS GROUP LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
174 
Cash at bank and in hand
100 
1,155 
100 
1,329 
Creditors: amounts falling due within one year
(11,455)
(11,675)
Net current liabilities
(11,355)
(10,346)
Total assets less current liabilities
(11,355)
(10,346)
Creditors: amounts falling due after more than one year
(1,666)
(2,394)
Net liabilities
(13,021)
(12,740)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(13,121)
(12,840)
Shareholders' funds
(13,021)
(12,740)
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 27 June 2025 and were signed on its behalf by
Ben Keith Hewitt Director Company Registration No. 09367818
- 4 -
PAYLESS BUSINESS GROUP LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
PAYLESS BUSINESS GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 09367818. The registered office is 24 Ferrars Way, Cambridge, Cambridgeshire, CB4 3RE, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
174 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
(219)
Loans from directors
11,215 
11,894 
Accruals
240 
- 
11,455 
11,675 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,666 
2,394 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
- 5 -
PAYLESS BUSINESS GROUP LTD Notes to the Accounts for the year ended 30 September 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 10).
- 6 -