Paul Ray Limited - Accounts

Registered Number: 05708261 Paul Ray Limited
Statement of Financial Position
As at 28 February 2025

	2025		2024
	£	£	£	£
Fixed assets		6,309		5,871
Current assets	4,459		6,318
Prepayments and accrued income	1,634		887
Creditors: amount falling due within one year	(7,926)		(9,201)
Net current assets		(1,833)		(1,996)
Total assets less current liabilities		4,476		3,875
Accruals and deferred income		(2,070)		(2,094)
Net assets		2,406		1,781


Capital and reserves		2,406		1,781

NOTES TO THE ACCOUNTS

General Information

Paul Ray Limited is a private company, limited by shares, registered in England and Wales, registration number 05708261, registration address 1a Sandringham Drive, Spondon, Derby, Derbyshire, DE21 7QL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

For the year ended 28 February 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 19 March 2025 and were signed by:

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P I Ray
Director