| Registered Number:06647187 |
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2024
P&N Accountants Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
P&N Accountants Limited
Statement of Financial Position
2023
2024
3,200
4,000
| Property, plant and equipment |
2,038
2,547
5,238
6,547
| Trade and other receivables |
49,900
52,630
2
35,001
| Cash and cash equivalents |
27,579
80,209
84,901
| Trade and other payables: amounts falling due within one year |
(41,532)
(51,029)
3
43,369
29,180
Net current assets
| Total assets less current liabilities |
34,418
49,916
| Trade and other payables: amounts falling due after more than one |
| year |
(16,617)
(6,311)
4
(400)
(484)
| Provisions for liabilities |
27,707
Net assets
32,815
6
6
27,701
32,809
27,707
32,815
Shareholders' funds
| For the year ended 31 October 2024 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 October 2024
P&N Accountants Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on 31 October 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 October 2024
P&N Accountants Limited
Notes to the Financial Statements
Statutory Information
| P&N Accountants Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 06647187. |
18a Rother Court
Mangham Road
Parkgate
Rotherham
S62 6DR
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Fixtures and fittings
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
| 2. Trade and other receivables |
2023
2024
52,630
49,900
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For the year ended 31 October 2024
P&N Accountants Limited
Notes to the Financial Statements Continued
| 3. Trade and other payables: amounts falling due within one year |
2023
2024
10,500
10,077
1,088
304
| Taxation and social security |
38,595
30,207
846
944
51,029
41,532
| 4. Trade and other payables: amounts falling due after more than one year |
2023
2024
6,311
16,617
| 5. Average number of persons employed |
During the year the average number of employees was 5 (2023 : 3)
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