Payroll Specialists Limited

Contents

Company Information	1
Director's Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	3

Payroll Specialists Limited

Company Information

Director

Miss Michele Bishop

Company secretary

Mr Clive Jones

Registered office

9 Sadler Street Wells Somerset BA5 2RR

Accountants

Bishop Jones Chartered Accountants9 Sadler Street Wells Somerset BA5 2RR

Payroll Specialists Limited

Director's Report for the Year Ended 31 March 2025

The director presents her report and the financial statements for the year ended 31 March 2025.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

Miss Michele Bishop

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 29 December 2025
 

......................................... Miss Michele Bishop Director

Payroll Specialists Limited

(Registration number: 06615665)
Balance Sheet as at 31 March 2025

	2025 £	2024 £
Current assets	61,146	96,700
Prepayments and accrued income	46,200	42,800
Creditors: Amounts falling due within one year	(75,535)	(109,378)
Total assets less current liabilities	31,811	30,122
Creditors: Amounts falling due after more than one year	(1,300)	(2,600)
Accruals and deferred income	(17,850)	(19,800)
	12,661	7,722
Capital and reserves	12,661	7,722

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
9 Sadler Street
Wells
Somerset
BA5 2RR
United Kingdom

These financial statements were authorised for issue by the director on 29 December 2025.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

3	Related party transactions

Transactions with the director

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
Miss Michele Bishop
Directors loan account	(32,948)	(30,060)	(63,008)

Payroll Specialists Limited

(Registration number: 06615665)
Balance Sheet as at 31 March 2025

2024	At 1 April 2023 £	Advances to director £	Repayments by director £	At 31 March 2024 £
Miss Michele Bishop
Directors loan account	(35,148)	2,200	-	(32,948)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 December 2025
 

......................................... Miss Michele Bishop Director