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Registered number: 15284582
Pa Ladieswear Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 November 2025
360 Accountants Limited
19 Albion Street
Hull
East Yorkshire
HU1 3TG
Contents
Page
Company Information 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Company Information
Director Mr P M Foster
Company Number 15284582
Registered Office 17 The Weir
Hessle
East Yorkshire
HU13 0SB
Accountants 360 Accountants Limited
19 Albion Street
Hull
East Yorkshire
HU1 3TG
Bankers Monzo Bank
Broadwalk House
5 Appold Street
London
EC2A 2AG
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Abridged Balance Sheet
Registered number: 15284582
30 November 2025 30 November 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 101 119
101 119
CURRENT ASSETS
Stocks 27,840 34,800
Debtors 2,517 1,653
Cash at bank and in hand 1,551 19,438
31,908 55,891
Creditors: Amounts Falling Due Within One Year (23,876 ) (37,015 )
NET CURRENT ASSETS (LIABILITIES) 8,032 18,876
TOTAL ASSETS LESS CURRENT LIABILITIES 8,133 18,995
NET ASSETS 8,133 18,995
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 8,033 18,895
SHAREHOLDERS' FUNDS 8,133 18,995
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For the year ending 30 November 2025 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 November 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr P M Foster
Director
6th August 2026
The notes on pages 4 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Pa Ladieswear Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15284582 . The registered office is 17 The Weir , Hessle, East Yorkshire, HU13 0SB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:
Fixtures & Fittings 15% reducing balance
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
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4. Tangible Assets
Total
£
Cost
As at 1 December 2024 127
As at 30 November 2025 127
Depreciation
As at 1 December 2024 8
Provided during the period 18
As at 30 November 2025 26
Net Book Value
As at 30 November 2025 101
As at 1 December 2024 119
5. Share Capital
30 November 2025 30 November 2024
£ £
Allotted, Called up and fully paid 100 100
6. Ultimate Controlling Party
The company's ultimate controlling party is Mr P M Foster by virtue of his ownership of 100% of the issued share capital in the company.
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