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Company Registration No. 11515515 (England and Wales)
Paul Masiak Decorators Limited Unaudited accounts for the year ended 5 April 2026
Paul Masiak Decorators Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Paul Masiak Decorators Limited Company Information for the year ended 5 April 2026
Director
Callum Larner
Company Number
11515515 (England and Wales)
Registered Office
5 Queenswood Grove York North Yorkshire YO24 4PW United Kingdom
Accountants
SJW Business Solutions Thornborough Hall Moor Road Leyburn North Yorkshire DL8 5AB
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Paul Masiak Decorators Limited Statement of financial position as at 5 April 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
19,972
-
Current assets
Debtors
5
46,801
7,663
Cash at bank and in hand
19
7,429
46,820
15,092
Creditors: amounts falling due within one year
6
(68,211)
(36,235)
Net current liabilities
(21,391)
(21,143)
Total assets less current liabilities
(1,419)
(21,143)
Creditors: amounts falling due after more than one year
7
(17,690)
-
Net liabilities
(19,109)
(21,143)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(19,209)
(21,243)
Shareholders' funds
(19,109)
(21,143)
For the year ending 5 April 2026 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 June 2026 and were signed on its behalf by
Callum Larner Director Company Registration No. 11515515
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Paul Masiak Decorators Limited Notes to the Accounts for the year ended 5 April 2026
1
Statutory information
Paul Masiak Decorators Limited is a private company, limited by shares, registered in England and Wales, registration number 11515515. The registered office is 5 Queenswood Grove, York, North Yorkshire, YO24 4PW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Going concern
The financial statements have been prepared on a going concern basis. The director has assessed the company’s ability to continue as a going concern and is satisfied that it has adequate resources to continue in operational existence for the foreseeable future.
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% RB
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 6 April 2025
5,528
-
5,528
Additions
-
23,380
23,380
At 5 April 2026
5,528
23,380
28,908
Depreciation
At 6 April 2025
5,528
-
5,528
Charge for the year
-
3,408
3,408
At 5 April 2026
5,528
3,408
8,936
Net book value
At 5 April 2026
-
19,972
19,972
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Paul Masiak Decorators Limited Notes to the Accounts for the year ended 5 April 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
17,406
6,342
Other debtors
29,395
1,321
46,801
7,663
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans and overdrafts
32,211
23,592
VAT
6,537
7,473
Obligations under finance leases and hire purchase contracts
3,898
-
Trade creditors
2,548
11,041
Taxes and social security
17,462
(7,046)
Other creditors
4,305
425
Accruals
1,250
750
68,211
36,235
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
17,690
-
8
Average number of employees
During the year the average number of employees was 5 (2025: 5).
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