Company registration number:
10069530
Payne Services Limited
Unaudited filleted financial statements
31 October 2025
Payne Services Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Payne Services Limited
Directors and other information
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Directors |
Mr James Payne |
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Mrs Siu-Mai Payne |
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Company number |
10069530 |
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Registered office |
6th Floor AMP House |
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Dingwall Road |
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Croydon |
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CR0 2LX |
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Accountants |
Doshi & Co. Accountants |
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6th Floor AMP House |
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Dingwall Road |
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Croydon |
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CR0 2LX |
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Payne Services Limited
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Payne Services Limited
Period ended 31 October 2025
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the period ended 31 October 2025 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Doshi & Co. Accountants
6th Floor AMP House
Dingwall Road
Croydon
CR0 2LX
30 July 2026
Payne Services Limited
Statement of financial position
31 October 2025
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31/10/25 |
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15/10/24 |
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£ |
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£ |
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Fixed assets |
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560,002 |
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560,011 |
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______ |
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______ |
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Current assets |
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558,849 |
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87,204 |
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Creditors: amounts falling due within one year |
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(
164,865) |
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(
142,113) |
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______ |
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______ |
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Net current assets/(liabilities) |
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393,984 |
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(
54,909) |
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______ |
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Total assets less current liabilities |
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953,986 |
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505,102 |
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Creditors: amounts falling due after more than one year |
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(
500,451) |
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(
104,309) |
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Accruals and deferred income |
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(
1,200) |
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(
960) |
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______ |
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Net assets |
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452,335 |
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399,833 |
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Capital and reserves |
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452,335 |
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399,833 |
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______ |
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Notes to the financial statements
Payne Services Limited
Period ended 31 October 2025
1.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
(2024:
1
).
2.
Directors advances, credits and guarantees
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During the period the directors entered into the following advances and credits with the company: |
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Period ended 31/10/25 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Directors |
(
106,937) |
(
14,000) |
106,937 |
(
14,000) |
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______ |
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______ |
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Year ended 15/10/24 |
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Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
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£ |
£ |
£ |
£ |
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Directors |
(
146,937) |
40,000 |
- |
(
106,937) |
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3.
Debtor
Other debtors of £551,020 represent an intercompany balance with The Cotswold Pharmacy Ltd, a company under common control. This balance comprises a short-term loan of £100,000, which is repayable within the next 12 months, and a long-term loan of £451,020, which is repayable after more than 12 months. Due to software limitations and the accounts being prepared under FRS 105, we were unable to split the intercompany balance between amounts due within one year and those due after more than one year.
For the period ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
30 July 2026
, and are signed on behalf of the board by:
Mr James Payne
Director
Company registration number:
10069530
The company is a private company limited by shares, registered in England and Wales.