Registration number: 10514731

Pablo And Paloma Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Pablo And Paloma Limited

(Registration number: 10514731)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	12,300	12,300
Tangible assets	5	1,070	4,593
		13,370	16,893
Current assets
Debtors	6	27,348	40,739
Cash at bank and in hand		4,481	2,790
		31,829	43,529
Creditors: Amounts falling due within one year	7	(33,947)	(45,590)
Net current liabilities		(2,118)	(2,061)
Total assets less current liabilities		11,252	14,832
Creditors: Amounts falling due after more than one year	7	(10,815)	(13,808)
Net assets		437	1,024
Capital and reserves
Called up share capital		100	100
Retained earnings		337	924
Shareholders' funds		437	1,024

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her 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.

Pablo And Paloma Limited

(Registration number: 10514731)
Balance Sheet as at 31 December 2025

Approved and authorised by the director on 21 August 2026
 

......................................... Ms K Plunkett Director

Pablo And Paloma Limited

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

1	General information

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

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

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 were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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 sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, 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.

Pablo And Paloma Limited

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

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.

Tangible assets

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

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

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

Asset class	Depreciation method and rate
Computer Equipment	4 years Straight Line
Office Equipment	5 years Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Pablo And Paloma Limited

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

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 January 2025	12,300	12,300
At 31 December 2025	12,300	12,300
Amortisation
Carrying amount
At 31 December 2025	12,300	12,300
At 31 December 2024	12,300	12,300

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2025	20,681	20,681
Additions	274	274
At 31 December 2025	20,955	20,955
Depreciation
At 1 January 2025	16,088	16,088
Charge for the year	3,797	3,797
At 31 December 2025	19,885	19,885
Carrying amount
At 31 December 2025	1,070	1,070
At 31 December 2024	4,593	4,593

Pablo And Paloma Limited

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

6

Debtors

Current	2025 £	2024 £
Trade debtors	10,125	8,220
Prepayments	-	11,501
Other debtors	17,223	21,018
	27,348	40,739

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	3,222	3,695
Trade creditors		90	1,422
Taxation and social security		29,060	40,048
Accruals and deferred income		1,575	425
		33,947	45,590

Current loans and borrowings

	2025 £	2024 £
Bank loan	2,995	3,695
Other borrowings	227	-
	3,222	3,695

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	10,815	13,808

Other borrowings

Pablo And Paloma Limited

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

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,815	13,808

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,995	3,695
Other borrowings	227	-
	3,222	3,695