REGISTERED NUMBER: 06416307 (Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Paul King Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P King

REGISTERED OFFICE:

Unit T1

Capital Business Park

Parkway

Cradiff

CF3 2PX

REGISTERED NUMBER:

06416307 (Wales)

ACCOUNTANTS:

Austin Accountancy Services Ltd

15 Manor Park

Ham Lane

Llantwit Major

Vale of Glamorgan

CF61 1RS

FIXED ASSETS

Intangible assets

4

7,500

11,250

Tangible assets

5

189,042

216,430

196,542

227,680

CURRENT ASSETS

Stocks

844,611

740,189

Debtors

6

77,293

71,769

Cash at bank and in hand

103,216

195,981

1,025,120

1,007,939

CREDITORS

Amounts falling due within one year

7

108,569

102,265

NET CURRENT ASSETS

916,551

905,674

TOTAL ASSETS LESS CURRENT LIABILITIES

1,113,093

1,133,354

CREDITORS

Amounts falling due after more than one year

8

67,613

100,651

NET ASSETS

1,045,480

1,032,703

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,045,479

1,032,702

SHAREHOLDERS' FUNDS

1,045,480

1,032,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 August 2026 and were signed by:

P King - Director

1.	STATUTORY INFORMATION

Paul King Solutions Limited is a private company, limited by shares , registered in Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

4% on cost

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

75,000

AMORTISATION

At 1 December 2024

63,750

Charge for year

3,750

At 30 November 2025

67,500

NET BOOK VALUE

At 30 November 2025

7,500

At 30 November 2024

11,250

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

171,278

134,562

305,840

DEPRECIATION

At 1 December 2024

50,602

38,808

89,410

Charge for year

3,425

23,963

27,388

At 30 November 2025

54,027

62,771

116,798

NET BOOK VALUE

At 30 November 2025

117,251

71,791

189,042

At 30 November 2024

120,676

95,754

216,430

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

40,248

34,404

Other debtors

37,045

37,365

77,293

71,769

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Hire purchase contracts

22,662

24,406

Trade creditors

33,175

25,785

Taxation and social security

47,089

46,656

Other creditors

5,643

5,418

108,569

102,265

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

5,292

15,668

Hire purchase contracts

62,321

84,983

67,613

100,651