Paul Alexander Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06630939 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

FOR

PAUL ALEXANDER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr P Aristidou

Mr A A Liveras

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

06630939 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

330

439

CURRENT ASSETS

Debtors

5

45,357

67,427

Cash at bank and in hand

64,119

79,893

109,476

147,320

CREDITORS

Amounts falling due within one year

6

50,720

87,819

NET CURRENT ASSETS

58,756

59,501

TOTAL ASSETS LESS CURRENT LIABILITIES

59,086

59,940

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

58,986

59,840

SHAREHOLDERS' FUNDS

59,086

59,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 4 December 2018 and were signed on its behalf by:

Mr P Aristidou - Director

1.	STATUTORY INFORMATION

Paul Alexander 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents management fees charged to landlords. The company is not registered for value added tax.

Tangible fixed assets

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

Furniture Fixtures & Equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

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 6 (2017 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Furniture

Fixtures

& Equipment

£

COST

At 1 July 2017

and 30 June 2018

2,941

DEPRECIATION

At 1 July 2017

2,502

Charge for year

109

At 30 June 2018

2,611

NET BOOK VALUE

At 30 June 2018

330

At 30 June 2017

439

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Amounts in deposit protection

Scheme

14,459

14,370

Amounts due from related party

18,796

28,534

Prepayments and accrued income

12,102

24,523

45,357

67,427

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade creditors

12,869

37,383

Corporation tax payable

18,591

32,657

Social security and other taxes

1,569

320

Net wages

-

854

Pensions

58

-

Amount in deposit protection

Scheme

14,459

14,370

Directors' current accounts

774

235

Accrued expenses

2,400

2,000

50,720

87,819

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.18

30.6.17

value:

£

£

100

Ordinary

1

100

100