PAYJ Holdings Ltd - Accounts to registrar (filleted) - small 18.2

PAYJ Holdings Ltd - Accounts to registrar (filleted) - small 18.2

PAYJ HOLDINGS LTD - Company Information

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IRIS Accounts Production v22.1.0.628 11199526 Board of Directors 1.3.21 28.2.22 28.2.22 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure111995262021-02-28111995262022-02-28111995262021-03-012022-02-28111995262020-02-28111995262020-02-292021-02-28111995262021-02-2811199526ns16:EnglandWales2021-03-012022-02-2811199526ns15:PoundSterling2021-03-012022-02-2811199526ns11:Director12021-03-012022-02-2811199526ns11:PrivateLimitedCompanyLtd2021-03-012022-02-2811199526ns11:SmallEntities2021-03-012022-02-2811199526ns11:AuditExempt-NoAccountantsReport2021-03-012022-02-2811199526ns11:SmallCompaniesRegimeForDirectorsReport2021-03-012022-02-2811199526ns11:SmallCompaniesRegimeForAccounts2021-03-012022-02-2811199526ns11:FullAccounts2021-03-012022-02-2811199526ns11:Director22021-03-012022-02-2811199526ns11:CompanySecretary12021-03-012022-02-2811199526ns11:RegisteredOffice2021-03-012022-02-2811199526ns6:CurrentFinancialInstruments2022-02-2811199526ns6:CurrentFinancialInstruments2021-02-2811199526ns6:Non-currentFinancialInstruments2022-02-2811199526ns6:Non-currentFinancialInstruments2021-02-2811199526ns6:ShareCapital2022-02-2811199526ns6:ShareCapital2021-02-2811199526ns6:RetainedEarningsAccumulatedLosses2022-02-2811199526ns6:RetainedEarningsAccumulatedLosses2021-02-2811199526ns6:LandBuildings2021-02-2811199526ns6:LandBuildings2022-02-2811199526ns6:LandBuildings2021-02-2811199526ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-2811199526ns6:WithinOneYearns6:CurrentFinancialInstruments2021-02-2811199526ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2022-02-2811199526ns6:MoreThanFiveYearsns6:Non-currentFinancialInstruments2021-02-28
REGISTERED NUMBER: 11199526 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2022

for

PAYJ Holdings Ltd
PAYJ Holdings Ltd (Registered number: 11199526)






Contents of the Financial Statements
for the Year Ended 28 February 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAYJ Holdings Ltd

Company Information
for the Year Ended 28 February 2022







DIRECTORS: A Ahuja
Mrs J S Ahuja





SECRETARY:





REGISTERED OFFICE: 8 Harecroft Lane
Ickenham
Uxbridge
UB10 8FD





REGISTERED NUMBER: 11199526 (England and Wales)





ACCOUNTANTS: Pleasant Accounting Ltd
27 The Mount
Rickmansworth
Hertfordshire
WD3 4DW
Page 1
PAYJ Holdings Ltd (Registered number: 11199526)

Balance Sheet
28 February 2022

28.2.22 28.2.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 372,750 372,750

CURRENT ASSETS
Debtors 5 546 393
Cash at bank 24,982 11,117
25,528 11,510
CREDITORS
Amounts falling due within one year 6 12,972 7,354
NET CURRENT ASSETS 12,556 4,156
TOTAL ASSETS LESS CURRENT
LIABILITIES
385,306
376,906

CREDITORS
Amounts falling due after more than one year 7 376,500 376,500
NET ASSETS 8,806 406

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8,706 306
SHAREHOLDERS' FUNDS 8,806 406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 notes form part of these financial statements

Page 2 continued...
PAYJ Holdings Ltd (Registered number: 11199526)

Balance Sheet - continued
28 February 2022


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 30 September 2022 and were signed on its behalf by:





Mrs J S Ahuja - Director


The notes form part of these financial statements

Page 3
PAYJ Holdings Ltd (Registered number: 11199526)

Notes to the Financial Statements
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

PAYJ Holdings Ltd 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Page 4 continued...
PAYJ Holdings Ltd (Registered number: 11199526)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 March 2021
and 28 February 2022 372,750
NET BOOK VALUE
At 28 February 2022 372,750
At 28 February 2021 372,750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Other debtors 546 393

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Taxation and social security 3,551 1,581
Other creditors 9,421 5,773
12,972 7,354

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.22 28.2.21
£    £   
Other creditors 376,500 376,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 376,500 376,500

Page 5