REGISTERED NUMBER: 04545888 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st May 2026

for

PAYNE ADJUSTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R J Payne

SECRETARY:

Mrs C A Payne

REGISTERED OFFICE:

Wiston House

1 Wiston Avenue

Worthing

West Sussex

BN14 7QL

REGISTERED NUMBER:

04545888 (England and Wales)

ACCOUNTANTS:

Streets (Worthing) Limited

Chartered Accountants

Wiston House

1 Wiston Avenue

Worthing

West Sussex

BN14 7QL

FIXED ASSETS

Tangible assets

4

18

76

Investments

5

143,956

143,956

143,974

144,032

CREDITORS

Amounts falling due within one year

6

3,259

4,209

NET CURRENT LIABILITIES

(3,259

)

(4,209

)

TOTAL ASSETS LESS CURRENT LIABILITIES

140,715

139,823

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

139,715

138,823

SHAREHOLDERS' FUNDS

140,715

139,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 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 30th October 2026 and were signed by:

R J Payne - Director

1.	STATUTORY INFORMATION

Payne Adjusting Limited is a private company, limited by shares , registered in England and 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Office equipment

-

20% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Income from operating leases.

Income generated from operating leases is credited to the profit & loss account in accordance with the period to which the rentals relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1st June 2025

and 31st May 2026

4,291

6,385

10,676

DEPRECIATION

At 1st June 2025

4,283

6,317

10,600

Charge for year

-

58

58

At 31st May 2026

4,283

6,375

10,658

NET BOOK VALUE

At 31st May 2026

8

10

18

At 31st May 2025

8

68

76

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st June 2025

and 31st May 2026

143,956

NET BOOK VALUE

At 31st May 2026

143,956

At 31st May 2025

143,956

Cost or valuation at 31st May 2026 is represented by:

Other

investments

£

Valuation in 2010

(21,004

)

Valuation in 2012

2,040

Valuation in 2016

18,964

Cost

143,956

143,956

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

143,956

143,956

Fixed asset investments were valued on an open market basis on 31st May 2026 by the director .

Investment properties included in other investments are held for use in operating leases.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Director's loan account

2,321

3,323

Accrued expenses

938

886

3,259

4,209