REGISTERED NUMBER: 07349139 (England and Wales)

Paul Mew Associates Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P J Mew

REGISTERED OFFICE:

Unit 1 Plym House

21 Enterprise Way

London

SW18 1FZ

REGISTERED NUMBER:

07349139 (England and Wales)

ACCOUNTANTS:

Hughes Waddell

The White House

2 Meadrow

Godalming

Surrey

GU7 3HN

FIXED ASSETS

Intangible assets

4

68,750

81,250

Tangible assets

5

2,270

2,343

71,020

83,593

CURRENT ASSETS

Debtors

6

61,470

58,812

Cash at bank

896,448

1,011,474

957,918

1,070,286

CREDITORS

Amounts falling due within one year

7

72,306

85,455

NET CURRENT ASSETS

885,612

984,831

TOTAL ASSETS LESS CURRENT LIABILITIES

956,632

1,068,424

CAPITAL AND RESERVES

Called up share capital

160

160

Share premium

44,053

44,053

Retained earnings

912,419

1,024,211

SHAREHOLDERS' FUNDS

956,632

1,068,424

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

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

The director acknowledges his 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.

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 director and authorised for issue on 20 October 2025 and were signed by:

P J Mew - Director

1.	STATUTORY INFORMATION

Paul Mew Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Website

-

33% on cost

Computer & Office Equipment

-

33% on cost

Fixtures and fittings

-

25% on cost

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.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

250,000

AMORTISATION

At 1 April 2024

168,750

Charge for year

12,500

At 31 March 2025

181,250

NET BOOK VALUE

At 31 March 2025

68,750

At 31 March 2024

81,250

5.	TANGIBLE FIXED ASSETS

Computer

Fixtures

& Office

and

Website

Equipment

fittings

Totals

£

£

£

£

COST

At 1 April 2024

1,700

22,905

9,334

33,939

Additions

-

1,208

263

1,471

At 31 March 2025

1,700

24,113

9,597

35,410

DEPRECIATION

At 1 April 2024

1,700

20,666

9,230

31,596

Charge for year

-

1,426

118

1,544

At 31 March 2025

1,700

22,092

9,348

33,140

NET BOOK VALUE

At 31 March 2025

-

2,021

249

2,270

At 31 March 2024

-

2,239

104

2,343

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

39,765

54,444

Other debtors

21,705

4,368

61,470

58,812

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

16

16

Trade creditors

483

1,542

Taxation and social security

30,960

75,947

Other creditors

40,847

7,950

72,306

85,455