Paddox Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06299819 (England and Wales)

Paddox Associates Limited

Unaudited Financial Statements

for the Year Ended 30 June 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTOR:

Mr K Thomas

SECRETARY:

Mrs H J Thomas

REGISTERED OFFICE:

The Byre

Moreton Paddox

Moreton Morrell

Warwickshire

CV35 9BS

REGISTERED NUMBER:

06299819 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,086

79

CURRENT ASSETS

Debtors

5

2,872

1,467

Cash at bank

10,599

8,857

13,471

10,324

CREDITORS

Amounts falling due within one year

6

3,282

644

NET CURRENT ASSETS

10,189

9,680

TOTAL ASSETS LESS CURRENT LIABILITIES

13,275

9,759

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,175

9,659

13,275

9,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 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 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 director on 3 October 2019 and were signed by:

Mr K Thomas - Director

1.	STATUTORY INFORMATION

Paddox Associates 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2018

596

4,746

5,342

Additions

-

3,527

3,527

At 30 June 2019

596

8,273

8,869

DEPRECIATION

At 1 July 2018

517

4,746

5,263

Charge for year

20

500

520

At 30 June 2019

537

5,246

5,783

NET BOOK VALUE

At 30 June 2019

59

3,027

3,086

At 30 June 2018

79

-

79

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

2,726

1,367

Other debtors

146

100

2,872

1,467

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

(1

)

(1

)

Taxation and social security

(277

)

(277

)

Other creditors

3,560

922

3,282

644