Pawws Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC683723

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,438		24,438

			24,438		24,438
CURRENT ASSETS
Debtors	5	2,213		2,213
Cash at bank and in hand		128		128

		2,341		2,341
Creditors: Amounts Falling Due Within One Year	6	(38,728 )		(38,728 )

NET CURRENT ASSETS (LIABILITIES)			(36,387 )		(36,387 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(11,949 )		(11,949 )

Creditors: Amounts Falling Due After More Than One Year	7		(17,121 )		(17,121 )

NET LIABILITIES			(29,070 )		(29,070 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(29,170 )		(29,170 )

SHAREHOLDERS' FUNDS			(29,070)		(29,070)

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Amanda Bettam

Director

30/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Pawws Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC683723 . The registered office is 84 Bonnygate , Cupar, Fife, KY15 4LB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing balance
Motor Vehicles	25% Reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 5)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2024	11,401	22,395	33,796

As at 31 December 2024	11,401	22,395	33,796

Depreciation
As at 1 January 2024	3,759	5,599	9,358

As at 31 December 2024	3,759	5,599	9,358

...CONTINUED

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Pawws Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024	7,642	16,796	24,438

As at 1 January 2024	7,642	16,796	24,438

5. Debtors

	2024	2023
	£	£
Due within one year
VAT	2,213	2,213

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	5,268	5,268
Accruals and deferred income	841	841
Directors' loan accounts	32,619	32,619

	38,728	38,728

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	17,121	17,121

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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