ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

PAUL REW LIMITED - Company Information

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Caseware UK (AP4) 2021.0.152 2021.0.152 2021-08-312021-08-312022-05-25The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2020-09-01No description of principal activityfalse11true 04880239 2020-09-01 2021-08-31 04880239 2019-09-01 2020-08-31 04880239 2021-08-31 04880239 2020-08-31 04880239 c:Director1 2020-09-01 2021-08-31 04880239 d:CurrentFinancialInstruments 2021-08-31 04880239 d:CurrentFinancialInstruments 2020-08-31 04880239 c:Micro-entities 2020-09-01 2021-08-31 04880239 c:AuditExempt-NoAccountantsReport 2020-09-01 2021-08-31 04880239 c:FullAccounts 2020-09-01 2021-08-31 04880239 c:PrivateLimitedCompanyLtd 2020-09-01 2021-08-31 iso4217:GBP xbrli:pure

Registered number: 04880239










PAUL REW LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2021

BALANCE SHEET
AS AT 31 AUGUST 2021

2021
2020
£
£


Fixed assets
698
-

Current assets
720
175

Creditors: amounts falling due within one year
(7,722)
(3,920)

Net current liabilities
 
 
(7,002)
 
 
(3,745)

Total assets less current liabilities
(6,304)
(3,745)


Net liabilities
(6,304)
(3,745)



Capital and reserves
(6,304)
(3,745)


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BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2021

Notes


General information

Paul Rew Ltd is a private company, limited by shares, registered in Engalnd and Wales. The company's registered number is 04880239 and its registered address is  4 The Business Quarter, Eco Park Road, Ludlow, Shropshire, SY8 1FD.


Average number of employees

The average monthly number of employees, including directors, during the year was 1 (2020 - 1).

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr P W Rew
Director

Date: 25 May 2022

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1.Accounting policies

 
1.1

Going concern

The Directors have reviewed all available information relating to trade levels to date and anticipated future performance. The Directors support the on going future trade of the company and so have adopted the going concern basis.

 
1.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
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