Paul Christian Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 05454486

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,448		13,481
Investments	5		10		10

			10,458		13,491
CURRENT ASSETS
Stocks	6	12,229		14,046
Debtors	7	5,917		17,019
Cash at bank and in hand		122,470		97,347

		140,616		128,412
Creditors: Amounts Falling Due Within One Year	8	(41,484 )		(42,080 )

NET CURRENT ASSETS (LIABILITIES)			99,132		86,332

TOTAL ASSETS LESS CURRENT LIABILITIES			109,590		99,823

Creditors: Amounts Falling Due After More Than One Year	9		-		(6,080 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,612 )		(3,370 )

NET ASSETS			106,978		90,373

CAPITAL AND RESERVES
Called up share capital	12		3		3
Profit and Loss Account			106,975		90,370

SHAREHOLDERS' FUNDS			106,978		90,373

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Paul Christian Ltd

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 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.

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 P Barker

Director

28/11/2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Paul Christian Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05454486 . The registered office is Dean House 94 Whiteladies Road, Clifton, Bristol, BS8 2QX.

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

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.

The presentation of the Financial Statements is the Pound Sterling (£).

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

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 customer returns, rebates and other similar allowances.

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:

Plant & Machinery	15% on reducing balance
Motor Vehicles	25% on reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value.

2.7. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Short term debtors are measured at transaction price less any impairment.

Short term creditors are measured at transaction price.

Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Other financial liabilities, including borrowings are initially measured at fair value and subsequently measured at amortised cost using the effective interest rate method, with interest expense recognised on an effective yield basis.

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Paul Christian Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.8. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current and deferred taxation assets and liabilities are not discounted.

Current tax

Current tax is recognised at the amount of tax payable using tax rates and allowances that have been enacted or substantively enacted at the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timng differences that have originated but not reversed at the balance sheet date.

Timing differencres arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred trax is measured using tax rates and laws that have been enatred or substantially enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferrred 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.

2.9. Pensions

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. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 June 2024	11,312	28,585	39,897

As at 31 May 2025	11,312	28,585	39,897

Depreciation
As at 1 June 2024	7,953	18,463	26,416
Provided during the period	503	2,530	3,033

As at 31 May 2025	8,456	20,993	29,449

Net Book Value
As at 31 May 2025	2,856	7,592	10,448

As at 1 June 2024	3,359	10,122	13,481

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Paul Christian Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

5. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 June 2024	10

As at 31 May 2025	10

Provision
As at 1 June 2024	-

As at 31 May 2025	-

Net Book Value
As at 31 May 2025	10

As at 1 June 2024	10

6. Stocks

	2025	2024
	£	£
Stock	12,229	14,046

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,191	16,162
Prepayments and accrued income	726	857

	5,917	17,019

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	5,675
Trade creditors	13,914	19,221
Corporation tax	14,483	6,688
Other taxes and social security	10,122	6,705
Accruals and deferred income	2,000	2,000
Directors' loan accounts	955	1,781
Amounts owed to group undertakings	10	10

	41,484	42,080

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	6,080

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Paul Christian Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

10. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	-		11,755

11. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	5,675
Later than one year and not later than five years	-	6,080

	-	11,755

	-	11,755

12. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3	3

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