PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Company Registration Number:
02343124 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 1,544,771 1,527,934
Total fixed assets: 1,544,771 1,527,934
Current assets
Debtors:   179,469 53,832
Cash at bank and in hand: 136,939 141,726
Total current assets: 316,408 195,558
Creditors: amounts falling due within one year:   (1,067,360) (964,107)
Net current assets (liabilities): (750,952) (768,549)
Total assets less current liabilities: 793,819 759,385
Total net assets (liabilities): 793,819 759,385
Capital and reserves
Called up share capital: 51,490 51,490
Revaluation reserve:4517,114517,114
Profit and loss account: 225,215 190,781
Shareholders funds: 793,819 759,385

The notes form part of these financial statements

PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 July 2025
and signed on behalf of the board by:

Name: Mr A O Weissbraun
Status: Director

The notes form part of these financial statements

PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 41 43

PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 1,959,946
Additions 49,590
At 31 March 2025 2,009,536
Depreciation
At 01 April 2024 432,012
Charge for year 32,753
At 31 March 2025 464,765
Net book value
At 31 March 2025 1,544,771
At 31 March 2024 1,527,934

PAXFIELD ASSOCIATES (SHEFFIELD) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Revaluation reserve

2025
£
Balance at 01 April 2024 517,114
Surplus or deficit after revaluation 0
Balance at 31 March 2025 517,114