PAXTON SERVICES LONDON LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 4103159

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,000		4,500
Tangible Assets	5		129		172

			4,129		4,672
CURRENT ASSETS
Stocks	6	9,066		9,544
Debtors	7	192		192

		9,258		9,736
Creditors: Amounts Falling Due Within One Year	8	(37,073 )		(30,265 )

NET CURRENT ASSETS (LIABILITIES)			(27,815 )		(20,529 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(23,686 )		(15,857 )

Creditors: Amounts Falling Due After More Than One Year	9		(40,982 )		(48,363 )

NET LIABILITIES			(64,668 )		(64,220 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			(64,670 )		(64,222 )

SHAREHOLDERS' FUNDS			(64,668)		(64,220)

Page 1

Page 2

PAXTON SERVICES LONDON LIMITED

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 N COTTON

Director

13/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

PAXTON SERVICES LONDON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 4103159 . The registered office is 16 Paxton Place , London , SE27 9SS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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	25% straight line
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Sales, marketing and distribution	1	1

	1	1

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	10,000

As at 31 December 2024	10,000

Amortisation
As at 1 January 2024	5,500
Provided during the period	500

As at 31 December 2024	6,000

Net Book Value
As at 31 December 2024	4,000

As at 1 January 2024	4,500

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PAXTON SERVICES LONDON LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	6,543	35,276	9,271	51,090

As at 31 December 2024	6,543	35,276	9,271	51,090

Depreciation
As at 1 January 2024	6,543	35,103	9,272	50,918
Provided during the period	-	43	-	43

As at 31 December 2024	6,543	35,146	9,272	50,961

Net Book Value
As at 31 December 2024	-	130	(1 )	129

As at 1 January 2024	-	173	(1 )	172

6. Stocks

	2024	2023
	£	£
Finished goods	9,066	9,544

7. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	192	192

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Bank loans and overdrafts	13,887	3,980
Other creditors	23,186	26,285

	37,073	30,265

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

	2024	2023
	£	£
Bank loans	40,982	48,363

10. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.000 each	2	2

11. Controlling Party

The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.