| Registered Number:05618753 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Paul Ward Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Paul Ward Ltd
Statement of Financial Position
2024
2025
| Property, plant and equipment |
28,833
96,515
3
28,833
96,515
-
19,627
4
| Trade and other receivables |
68,780
32,042
5
427,959
| Cash and cash equivalents |
448,915
500,584
496,739
| Trade and other payables: amounts falling due within one |
| year |
(91,508)
(74,061)
6
405,231
426,523
Net current assets
| Total assets less current liabilities |
455,356
501,746
| Trade and other payables: amounts falling due after more |
| than one year |
(46,515)
(29,406)
7
425,950
Net assets
455,231
100
100
425,850
455,131
425,950
455,231
Shareholders' funds
| For the year ended 31 March 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 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 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. |
| These financial statements were approved and authorised for issue by the Board on 23 December 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 4
For the year ended 31 March 2025
Paul Ward Ltd
Notes to the Financial Statements
Statutory Information
| Paul Ward Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 05618753. |
| Principal place of business: |
4 Kemys Garden
Kempsey
Worcester
WR53WF
9 Malvern Road
Worcester
Worcestershire
WR2 4LE
| 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. |
| 2. Intangible fixed assets |
Goodwill
10,000
10,000
10,000
10,000
-
-
2 of 4
For the year ended 31 March 2025
Paul Ward Ltd
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
Motor Vehicles
188,461
16,515
100,594
71,352
(9,919)
(55,330)
(71,104)
(136,353)
248
45,264
6,596
52,108
| Provision for depreciation and impairment |
91,946
9,574
49,126
33,246
Charge for year
9,611
1,071
8,494
46
(78,282)
(7,265)
(37,833)
(33,184)
23,275
3,380
19,787
108
140
25,477
3,216
28,833
38,106
51,468
6,941
96,515
2024
2025
19,627
-
Stock is valued at the lower of cost and net realisable value.
| 5. Trade and other receivables |
2024
2025
32,042
68,780
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
17,040
23,132
| Taxation and social security |
54,130
65,446
2,891
2,930
74,061
91,508
3 of 4
For the year ended 31 March 2025
Paul Ward Ltd
Notes to the Financial Statements Continued
| 7. Trade and other payables: amounts falling due after more than one year |
2024
2025
29,406
46,515
| 8. Average number of persons employed |
During the year the average number of employees was 0 (2024 : 1)
4 of 4