PFL UK LIMITED - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 06558165

Unaudited Financial Statements for the Year Ended 30 April 2022

for

PFL UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P LO

A P W LO

SECRETARY:

P LO

REGISTERED OFFICE:

XIANG& CO

BURRELL HOUSE

44 BROADWAY

LONDON

E15 1XH

REGISTERED NUMBER:

06558165

FIXED ASSETS

Investments

4

201,219

201,219

CURRENT ASSETS

Cash at bank

2,225

2,312

CREDITORS

Amounts falling due within one year

5

193,444

193,531

NET CURRENT LIABILITIES

(191,219

)

(191,219

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,000

10,000

CAPITAL AND RESERVES

Called up share capital

6

6,750

6,750

Capital redemption reserve

3,250

3,250

SHAREHOLDERS' FUNDS

10,000

10,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2022 and were signed on its behalf by:

A P W LO - Director

1.	STATUTORY INFORMATION

PFL UK LIMITED is a private company, limited by shares , registered in Not specified/Other. 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

The accounts are prepared on a going concern basis, The use of going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with

the Financial Reporting Standard for smaller entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about PFL UK Limited as an individual company and do not contain consolidated financial information as the parents of a group.The company has taken the option under section 398 of Companies Act 2006 not to prepare consolidated financial statements.

Exemption of preparing a cash flow statements

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 May 2021

and 30 April 2022

201,219

NET BOOK VALUE

At 30 April 2022

201,219

At 30 April 2021

201,219

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Phillips Foils Limited

Registered office:

Nature of business: Supply of foils,dies and equipment and accessories

%

Class of shares:

holding

Ordinary Shares

100.00

30.4.22

30.4.21

£

£

Aggregate capital and reserves

633,452

597,804

Profit for the year

194,109

124,936

Nature of business: supply of foils,dies,equipments and accessories.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.22

30.4.21

£

£

Amounts owed to group undertakings

191,553

191,553

Other creditors

1,891

1,978

193,444

193,531

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.22

30.4.21

value:

£

£

1

Ordinary Share Capital

6750

6,750

6,750