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Company No: 09537254 (England and Wales)

PJS AGENCY LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2025
Pages for filing with the registrar

PJS AGENCY LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2025

Contents

PJS AGENCY LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 April 2025
PJS AGENCY LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 April 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 3 14,876 148
14,876 148
Current assets
Debtors 4 253 11,916
Cash at bank and in hand 59,563 50,922
59,816 62,838
Creditors: amounts falling due within one year 5 ( 74,393) ( 60,783)
Net current (liabilities)/assets (14,577) 2,055
Total assets less current liabilities 299 2,203
Net assets 299 2,203
Capital and reserves
Called-up share capital 100 100
Profit and loss account 199 2,103
Total shareholders' funds 299 2,203

For the financial year ending 30 April 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of PJs Agency Limited (registered number: 09537254) were approved and authorised for issue by the Director. They were signed on its behalf by:

P J Shipman
Director

08 August 2025

PJS AGENCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025
PJS AGENCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

PJs Agency Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Searchers End The Street, Seething, Norwich, NR15 1AL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Vehicles 4 years straight line
Office equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like other debtors, creditors and loans from related parties.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 3

3. Tangible assets

Vehicles Office equipment Total
£ £ £
Cost
At 01 May 2024 13,935 298 14,233
Additions 15,790 0 15,790
Disposals ( 13,935) 0 ( 13,935)
At 30 April 2025 15,790 298 16,088
Accumulated depreciation
At 01 May 2024 13,935 150 14,085
Charge for the financial year 987 75 1,062
Disposals ( 13,935) 0 ( 13,935)
At 30 April 2025 987 225 1,212
Net book value
At 30 April 2025 14,803 73 14,876
At 30 April 2024 0 148 148

4. Debtors

2025 2024
£ £
Trade debtors 0 11,771
Prepayments 253 145
253 11,916

5. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 372 814
Amounts owed to director 60,632 44,836
Accruals 1,428 1,428
Corporation tax 2,167 8,033
Other taxation and social security 3,060 5,672
Other creditors 6,734 0
74,393 60,783

6. Related party transactions

The director has a loan account with the company. Interest is chargeable on these loans at the discretion of the director. The director has agreed that there will be no interest charged on these loans during the year.

At the year end the company owed the director £60,632 (2024: £44,836)