Company Registration No. 08180998 (England and Wales)
Passinc Ltd
Unaudited accounts
for the year ended 31 August 2022
Passinc Ltd
Company Information
for the year ended 31 August 2022
Company Number
08180998 (England and Wales)
Registered Office
63 Hatton Garden
5th Floor, Suite 23
London
EC1N 8LE
Accountants
DDA Accountancy Limited
Debbie Tuesley Bsc (Hon) FCA
54 Valebridge Road
Burgess Hill
West Sussex
RH15 0QY
Passinc Ltd
Statement of financial position
as at 31 August 2022
Cash at bank and in hand
749,761
662,348
Creditors: amounts falling due within one year
(288,046)
(312,871)
Net current assets
496,062
382,907
Net assets
496,062
382,907
Called up share capital
2
2
Profit and loss account
496,060
382,905
Shareholders' funds
496,062
382,907
For the year ending 31 August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2022 and were signed on its behalf by
Tom Samuels
Director
Company Registration No. 08180998
Passinc Ltd
Notes to the Accounts
for the year ended 31 August 2022
Passinc Ltd is a private company, limited by shares, registered in England and Wales, registration number 08180998. The registered office is 63 Hatton Garden, 5th Floor, Suite 23, London, EC1N 8LE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention
The accounts are presented in £ sterling.
Amounts falling due within one year
Trade debtors
31,253
29,998
Amounts due from group undertakings etc.
2,768
2,768
Accrued income and prepayments
326
299
5
Creditors: amounts falling due within one year
2022
2021
Trade creditors
154,085
155,347
Taxes and social security
79,201
92,481
Other creditors
12,583
16,770
Loans from directors
161
1,310
Passinc Limited is a 100% subsidiary of Starshot Limited
7
Average number of employees
During the year the average number of employees was 3 (2021: 2).
