Paskeston Hall Country House Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07212954

		30 September 2023		30 September 2022
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		20,731		39,786

			20,731		39,786
CURRENT ASSETS
Stocks	5	-		4,000
Debtors	6	43,911		43,911

		43,911		47,911
Creditors: Amounts Falling Due Within One Year	7	(97,315 )		(80,578 )

NET CURRENT ASSETS (LIABILITIES)			(53,404 )		(32,667 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(32,673 )		7,119

Creditors: Amounts Falling Due After More Than One Year	8		(11,642 )		(17,731 )

NET LIABILITIES			(44,315 )		(10,612 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(44,415 )		(10,712 )

SHAREHOLDERS' FUNDS			(44,315)		(10,612)

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Paskeston Hall Country House Limited

Balance Sheet (continued)

As At 30 September 2023

For the year ending 30 September 2023 the company was entitled to exemption from audit 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.

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

Mr David Scheeres

Director

09/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Paskeston Hall Country House Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07212954 . The registered office is Paskeston Hall, Cosheston, Pembroke Dock, SA72 4SF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

Althogh the company has negative reserves at the year end, it maintains the financial backing of the directors so there are no material uncertainties in relaiton to the going concern of the company for the next twelve months.

2.3. 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.

2.4. 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:

Freehold	20% on cost
Plant & Machinery	20% on cost
Fixtures & Fittings	20% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2022: 1)

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Paskeston Hall Country House Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2023

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 October 2022	72,516	24,119	8,281	104,916
Additions	-	-	302	302

As at 30 September 2023	72,516	24,119	8,583	105,218

Depreciation
As at 1 October 2022	45,418	11,431	8,281	65,130
Provided during the period	14,503	4,824	30	19,357

As at 30 September 2023	59,921	16,255	8,311	84,487

Net Book Value
As at 30 September 2023	12,595	7,864	272	20,731

As at 1 October 2022	27,098	12,688	-	39,786

5. Stocks

	30 September 2023	30 September 2022
	£	£
Stock	-	4,000

6. Debtors

	30 September 2023	30 September 2022
	£	£
Due within one year
Other debtors	43,911	43,911

7. Creditors: Amounts Falling Due Within One Year

	30 September 2023	30 September 2022
	£	£
Bank loans and overdrafts	18,905	13,611
Other creditors	10,878	11,658
Taxation and social security	67,532	55,309

	97,315	80,578

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

	30 September 2023	30 September 2022
	£	£
Bank loans	11,642	17,731

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Paskeston Hall Country House Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2023

9. Share Capital

	30 September 2023	30 September 2022
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to shareholders:

	As at 1 October 2022	Amounts advanced	Amounts repaid	Amounts written off	As at 30 September 2023
	£	£	£	£	£
Mrs Lorraine Wingert	29,476	-	-	-	29,746

The above loan is unsecured, interest free and repayable on demand.

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