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REGISTERED NUMBER: 02740708 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

PAWLE & CO LIMITED

PAWLE & CO LIMITED (REGISTERED NUMBER: 02740708)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAWLE & CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: R J Ashby
Mrs J L Ashby





REGISTERED OFFICE: Unit 4 The Quad Airport Business Park
Cherry Orchard Way
Rochford
Essex
SS4 1YH





REGISTERED NUMBER: 02740708 (England and Wales)





ACCOUNTANTS: ESW Chartered Accountants
162-164 High Street
Rayleigh
Essex
SS6 7BS

PAWLE & CO LIMITED (REGISTERED NUMBER: 02740708)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,511,222 1,368,331

CURRENT ASSETS
Stocks 15,000 15,000
Debtors 5 299,251 283,947
Cash at bank 297,956 238,232
612,207 537,179
CREDITORS
Amounts falling due within one year 6 (481,235 ) (501,698 )
NET CURRENT ASSETS 130,972 35,481
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,642,194

1,403,812

CREDITORS
Amounts falling due after more than one
year

7

(832,026

)

(781,132

)
NET ASSETS 810,168 622,680

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 809,968 622,480
SHAREHOLDERS' FUNDS 810,168 622,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PAWLE & CO LIMITED (REGISTERED NUMBER: 02740708)

BALANCE SHEET - continued
31ST MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th July 2025 and were signed on its behalf by:





Mrs J L Ashby - Director


PAWLE & CO LIMITED (REGISTERED NUMBER: 02740708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Pawle & Co Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 20% on reducing balance
Plant and machinery - 25% on reducing balance, 20% on cost and 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PAWLE & CO LIMITED (REGISTERED NUMBER: 02740708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2024 1,013,921 1,178,261 2,192,182
Additions - 310,837 310,837
Disposals - (354,231 ) (354,231 )
At 31st March 2025 1,013,921 1,134,867 2,148,788
DEPRECIATION
At 1st April 2024 - 823,851 823,851
Charge for year - 151,565 151,565
Eliminated on disposal - (337,850 ) (337,850 )
At 31st March 2025 - 637,566 637,566
NET BOOK VALUE
At 31st March 2025 1,013,921 497,301 1,511,222
At 31st March 2024 1,013,921 354,410 1,368,331

PAWLE & CO LIMITED (REGISTERED NUMBER: 02740708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1st April 2024 41,795
Additions 195,000
At 31st March 2025 236,795
DEPRECIATION
At 1st April 2024 24,163
Charge for year 53,158
At 31st March 2025 77,321
NET BOOK VALUE
At 31st March 2025 159,474
At 31st March 2024 17,632

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 289,990 280,782
Other debtors 9,261 3,165
299,251 283,947

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 21,616 21,360
Hire purchase contracts 31,079 7,079
Trade creditors 75,130 92,817
Taxation and social security 127,337 83,568
Other creditors 226,073 296,874
481,235 501,698

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 733,826 769,854
Hire purchase contracts 98,200 11,278
832,026 781,132

PAWLE & CO LIMITED (REGISTERED NUMBER: 02740708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2025 2024
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 685,490 711,101
685,490 711,101

8. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 129,279 18,357

Assets acquired by way of hire purchase are secured by those agreements.

9. ULTIMATE CONTROLLING PARTY

The controlling party is R J Ashby.