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Company Registration No. 06064365 (England and Wales)
PAINT FX LIMITED Unaudited accounts for the year ended 31 January 2025
PAINT FX LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PAINT FX LIMITED Company Information for the year ended 31 January 2025
Directors
Michael John Ferguson Michael Ferguson
Company Number
06064365 (England and Wales)
Registered Office
PAINT FX TONG ROAD LEEDS LS12 4NQ
Accountants
West Yorkshire Accountancy Services 4 Railway Street Huddersfield West Yorkshire HD1 1JP
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PAINT FX LIMITED Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
44,098
58,798
Current assets
Inventories
26,000
-
Debtors
5
-
18,013
Cash at bank and in hand
118,434
118,414
144,434
136,427
Creditors: amounts falling due within one year
6
(5,460)
(10,333)
Net current assets
138,974
126,094
Total assets less current liabilities
183,072
184,892
Creditors: amounts falling due after more than one year
7
(167,018)
(157,582)
Net assets
16,054
27,310
Capital and reserves
Share premium
15,000
15,000
Profit and loss account
1,054
12,310
Shareholders' funds
16,054
27,310
For the year ending 31 January 2025 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 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 of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by
Michael John Ferguson Director Company Registration No. 06064365
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PAINT FX LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
PAINT FX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06064365. The registered office is PAINT FX, TONG ROAD, LEEDS, LS12 4NQ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance basis
Fixtures & fittings
25% reducing balance basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
121,463
640
122,103
At 31 January 2025
121,463
640
122,103
Depreciation
At 1 February 2024
62,675
630
63,305
Charge for the year
14,697
3
14,700
At 31 January 2025
77,372
633
78,005
Net book value
At 31 January 2025
44,091
7
44,098
At 31 January 2024
58,788
10
58,798
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
-
18,013
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PAINT FX LIMITED Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
-
9,307
Taxes and social security
5,460
1,026
5,460
10,333
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,547
4,145
Loans from directors
164,471
153,437
167,018
157,582
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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