Paul James Consulting Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05374050 (England and Wales)

Financial Statements

for the Period

1 September 2023 to 28 February 2025

for

Paul James Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Pritchett

REGISTERED OFFICE:

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

REGISTERED NUMBER:

05374050 (England and Wales)

ACCOUNTANTS:

J & C Accountants Ltd

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

FIXED ASSETS

Tangible assets

4

-

1,788

CURRENT ASSETS

Debtors

5

16,906

33,694

Cash at bank

132

43,702

17,038

77,396

CREDITORS

Amounts falling due within one year

6

15,589

62,422

NET CURRENT ASSETS

1,449

14,974

TOTAL ASSETS LESS CURRENT LIABILITIES

1,449

16,762

CREDITORS

Amounts falling due after more than one
year

7

-

11,539

NET ASSETS

1,449

5,223

CAPITAL AND RESERVES

Called up share capital

8

1,001

Retained earnings

448

4,222

SHAREHOLDERS' FUNDS

1,449

5,223

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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 28 November 2025 and were signed by:

J Pritchett - Director

1.	STATUTORY INFORMATION

Paul James Consulting Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 05374050. The registered office is Wyvols Court, Basingstoke Road, Swallowfield, Reading, Berkshire, RG7 1WY.

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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the period 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 period 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 period was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2023

15,206

Disposals

(15,206

)

At 28 February 2025

-

DEPRECIATION

At 1 September 2023

13,418

Eliminated on disposal

(13,418

)

At 28 February 2025

-

NET BOOK VALUE

At 28 February 2025

-

At 31 August 2023

1,788

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

31.8.23

£

Trade debtors

-

23,040

Other debtors

16,906

10,654

16,906

33,694

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

31.8.23

£

Bank loans and overdrafts

6,253

6,200

Taxation and social security

6,583

43,911

Other creditors

2,753

12,311

15,589

62,422

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

31.8.23

£

Bank loans

-

11,539

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

31.8.23

value:

£

1,000

Ordinary

£1

1,000

1

Ordinary B

£1

1

1,001

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 February 2025 and the year ended 31 August 2023:

28.2.25

31.8.23

£

J Pritchett

Balance outstanding at start of period

10,654

-

Amounts advanced

16,878

10,654

Amounts repaid

(10,654

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

16,878

10,654

The overdrawn director's loan was fully repaid within nine months of the year end.