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Registration number: 08028052

Paul Anton Limited

Contents

Company Information	1
Profit and Loss Account	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 9

Paul Anton Limited

Company Information

Directors

P T A Anton M Terry

Registered office

3 Warners Mill Silks Way Braintree Essex CM7 3GB

Bankers

NatWest 47 High Street Braintree Essex CM7 1JT

Accountants

Lambert Chapman LLP Chartered accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Paul Anton Limited

Profit and Loss Account for the Year Ended 31 March 2025

	2025 £	(As restated) 2024 £
Turnover	1,485,623	1,042,606
Cost of sales	(929,382)	(511,390)
Gross profit	556,241	531,216
Administrative expenses	(520,472)	(431,515)
Other operating income	5,000	5,000
Interest payable and similar expenses	(8,141)	(1,273)
Profit before tax	32,628	103,428
Tax on profit	(5,172)	(58,360)
Profit for the financial year	27,456	45,068

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Paul Anton Limited

(Registration number: 08028052)
Balance Sheet as at 31 March 2025

	Note	2025 £	(As restated) 2024 £
Fixed assets
Tangible assets	4	128,568	345,439
Current assets
Stocks	5	1,500	3,000
Debtors	6	204,705	310,152
Cash at bank and in hand		331,249	100
		537,454	313,252
Creditors: Amounts falling due within one year	7	(401,783)	(230,201)
Net current assets		135,671	83,051
Total assets less current liabilities		264,239	428,490
Creditors: Amounts falling due after more than one year	7	(35,304)	(186,194)
Provisions for liabilities		(18,043)	(58,360)
Net assets		210,892	183,936
Capital and reserves
Called up share capital	8	400	400
Retained earnings		210,492	183,536
Shareholders' funds		210,892	183,936

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.

Directors' 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 directors acknowledge their 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 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 Board on 23 December 2025 and signed on its behalf by:
 

P T A Anton
Director

Paul Anton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB, England.

The principal place of business is: Unit 8, Ongar Road Trading Estate, Ongar Road, Great Dunmow, Essex, CM6 1EU.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Prior period errors

A adjustment has been made to the prior period in respect of deferred tax. As a result the profit for the year and retained earnings has decreased. Please see the detailed movements below.

	Relating to the current period disclosed in these financial statements £	Relating to the prior period disclosed in these financial statements £	Relating to periods before the prior period disclosed in these financial statements £
Deferred Tax (BS)	-	58,360	-
Retained Earnings for the Year	-	(58,360)	-
Deferred Tax - B/FWD	58,360	-	-
Retained Earnings - B/FWD	(58,360)	-	-

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Page 4

Paul Anton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and Fittings	33% Straight line & 25% Reducing balance
Plant and Machinery	25% Reducing balance
Computer Equipment	33% Straight line
Motor Vehicles	25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Paul Anton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 5).

Paul Anton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Office equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	49,660	386,844	21,208	457,712
Additions	20,274	-	2,547	22,821
Disposals	-	(214,458)	-	(214,458)
At 31 March 2025	69,934	172,386	23,755	266,075
Depreciation
At 1 April 2024	23,948	80,624	7,698	112,270
Charge for the year	13,329	76,555	3,438	93,322
Eliminated on disposal	-	(68,085)	-	(68,085)
At 31 March 2025	37,277	89,094	11,136	137,507
Carrying amount
At 31 March 2025	32,657	83,292	12,619	128,568
At 31 March 2024	25,712	306,220	13,507	345,439

5

Stocks

	2025 £	2024 £
Other inventories	1,500	3,000

6

Debtors

	2025 £	2024 £
Trade debtors	174,520	300,645
Other debtors	2,385	2,076
Prepayments	27,800	7,431
	204,705	310,152

Paul Anton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		271,820	35,814
Loans and borrowings	9	24,560	46,371
Taxation and social security		79,950	59,915
Other creditors		11,343	80,406
Accruals and deferred income		14,110	7,695
		401,783	230,201

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £17,330 (2024 - £31,859).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	35,304	186,194

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £24,891 (2024 - £179,920).

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A shares of £1 each	200	200	200	200
Ordinary B shares of £1 each	50	50	50	50
	250	250	250	250

Paul Anton Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,230	10,202
Bank overdrafts	-	4,310
Other borrowings	17,330	31,859
	24,560	46,371

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,322	17,548
Other borrowings	24,982	168,646
	35,304	186,194

10	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	18,000	18,000
Later than one year and not later than five years	31,500	49,500
	49,500	67,500

The amount of non-cancellable operating lease payments recognised as an expense during the year was £18,000 (2024 - £18,000).