Company Registration No. 13160399 (England and Wales)
Pascal Retail Ltd
Annual Accounts
for the year ended 31 January 2026
Pascal Retail Ltd
Annual Accounts
Contents
Pascal Retail Ltd
Company Information
for the year ended 31 January 2026
Directors
Muhammad Usman Latif
Fakhar Abbas Syed-Syeda
Company Number
13160399 (England and Wales)
Registered Office
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Accountants
CGI Accountants Ltd
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Pascal Retail Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
170,335
212,621
Inventories
324,865
148,630
Cash at bank and in hand
1,132,503
935,670
Creditors: amounts falling due within one year
(1,465,479)
(1,165,790)
Net current assets
200,028
134,469
Total assets less current liabilities
370,363
347,090
Creditors: amounts falling due after more than one year
(83,783)
(148,931)
Net assets
286,580
198,159
Called up share capital
100
100
Profit and loss account
286,480
198,059
Shareholders' funds
286,580
198,159
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 23 October 2026 and were signed on its behalf by
Muhammad Usman Latif
Director
Company Registration No. 13160399
Pascal Retail Ltd
Notes to the Accounts
for the year ended 31 January 2026
Pascal Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 13160399. The registered office is Branch House, 31-33 Branch Road, Batley, West Yorkshire, WF17 5SB.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% on reducing balance
Computer equipment
20% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Pascal Retail Ltd
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2025
267,628
28,046
295,674
Additions
7,904
5,003
12,907
At 31 January 2026
275,532
33,049
308,581
At 1 February 2025
73,770
9,283
83,053
Charge for the year
50,440
4,753
55,193
At 31 January 2026
124,210
14,036
138,246
At 31 January 2026
151,322
19,013
170,335
At 31 January 2025
193,858
18,763
212,621
Amounts falling due within one year
Trade debtors
208,139
169,062
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
65,068
64,988
Trade creditors
877,440
374,432
Taxes and social security
33,157
108,434
Proposed dividends
50,000
120,000
Other creditors
157,819
317,842
Loans from directors
103
-
7
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
83,783
148,931
Pascal Retail Ltd
Notes to the Accounts
for the year ended 31 January 2026
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
21,897
475,000
497,000
(103)
Directors Loan
25,000
-
25,000
-
46,897
475,000
522,000
(103)
9
Transactions with related parties
The company has taken advantage of FRS 102, section 33 and has chosen not to disclose related party transactions within the group.
By virtue of ownership of the entire issued share capital, the ultimate controlling party is PSCL Holdings Ltd (CRN: 14543522) a company registered in England & Wales.
The registered office address of the parent company is Branch House, 31-33 Branch Road, Batley, WF17 5SB
11
Average number of employees
During the year the average number of employees was 11 (2025: 11).