Pass Now Limited - Period Ending 2020-03-31
Pass Now Limited - Period Ending 2020-03-31
Registration number:
Pass Now Limited
for the Year Ended 31 March 2020
25 Clinton Place
Seaford
East Sussex
BN25 1NP
Pass Now Limited
Contents
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Company Information |
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Directors' Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Pass Now Limited
Company Information
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Directors |
Mr Paul Hughes-King Mrs Lorraine Hughes-King |
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Registered office |
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Accountants |
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Page 1 |
Pass Now Limited
Directors' Report for the Year Ended 31 March 2020
The directors present their report and the financial statements for the year ended 31 March 2020.
This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Directors of the company
The directors who held office during the year were as follows:
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
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Page 2 |
Pass Now Limited
(Registration number: 08355048)
Balance Sheet as at 31 March 2020
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2020 |
2019 |
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Fixed assets |
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Current assets |
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Creditors: Amounts falling due within one year |
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( |
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Net current assets |
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Capital and reserves |
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Page 3 |
Pass Now Limited
(Registration number: 08355048)
Balance Sheet as at 31 March 2020
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Director
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Director
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Page 4 |
Pass Now Limited
Detailed Profit and Loss Account for the Year Ended 31 March 2020
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2020 |
2019 |
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Turnover |
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Sale of goods, UK |
63,345 |
86,808 |
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Interest received |
42 |
55 |
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63,387 |
86,863 |
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Employment costs |
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Wages and salaries (excluding directors) |
(22,880) |
(16,261) |
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Staff pensions (Defined contribution) |
(789) |
(322) |
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(23,669) |
(16,583) |
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Establishment costs |
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Insurance |
(379) |
(193) |
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Use of home as office |
(480) |
(480) |
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Repairs and maintenance |
(120) |
- |
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(979) |
(673) |
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General administrative expenses |
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Telephone and fax |
(897) |
(688) |
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Computer software and maintenance costs |
(157) |
(178) |
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Printing, postage and stationery |
(122) |
- |
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Trade subscriptions |
- |
(81) |
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Sundry expenses |
(89) |
- |
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Advertising |
(6,675) |
(2,504) |
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Accountancy fees |
(709) |
(1,066) |
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(8,649) |
(4,517) |
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Finance charges |
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Bank charges |
(4,766) |
(5,096) |
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Depreciation costs |
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Depreciation of office equipment (owned) |
(460) |
- |
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Operating profit |
24,864 |
59,994 |
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Profit before tax |
24,864 |
59,994 |
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Page 5 |