PAUL TESTA ARCHITECTURE LIMITED


2020-08-012021-07-312021-07-31false09670435PAUL TESTA ARCHITECTURE 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PAUL TESTA ARCHITECTURE LIMITED

Registered Number
09670435
(England and Wales)

Unaudited Financial Statements for the Year Ended
31 July 2021

PAUL TESTA ARCHITECTURE LIMITED
Company Information
for the year from 1 August 2020 to 31 July 2021

Directors

MACDONALD, Alan Stewart
TESTA, Paul

Registered Address

2nd Floor, Parkhead House
Carver Street
Sheffield
S1 4FS

Registered Number

09670435 (England and Wales)
PAUL TESTA ARCHITECTURE LIMITED
Balance Sheet as at
31 July 2021

Notes

2021

2020

£

£

£

£

Fixed assets
Tangible assets527,37513,531
27,37513,531
Current assets
Debtors55,31427,173
Cash at bank and on hand61,78569,038
117,09996,211
Creditors amounts falling due within one year(71,618)(63,531)
Net current assets (liabilities)45,48132,680
Total assets less current liabilities72,85646,211
Net assets72,85646,211
Capital and reserves
Called up share capital22
Profit and loss account72,85446,209
Shareholders' funds72,85646,211
  • The company was entitled to exemption from audit for this reporting period 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
  • The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved and authorised for issue by the Board of Directors on 22 November 2021, and are signed on its behalf by:
MACDONALD, Alan Stewart
Director
Registered Company No. 09670435
PAUL TESTA ARCHITECTURE LIMITED
Notes to the Financial Statements
for the year ended 31 July 2021

1.STATUTORY INFORMATION
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.COMPLIANCE WITH APPLICABLE REPORTING FRAMEWORK
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.ACCOUNTING POLICIES
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:




Reducing balance (%)

Plant and machinery25
Fixtures and fittings25
Vehicles25
Office Equipment25
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.EMPLOYEE INFORMATION




2021



2020

Average number of employees during the year88
5.PROPERTY, PLANT AND EQUIPMENT



Total
£

Cost or valuation
At 01 August 2023,492
Additions18,073
At 31 July 2141,565
Depreciation and impairment
At 01 August 209,961
Charge for year4,229
At 31 July 2114,190
Net book value
At 31 July 2127,375
At 31 July 2013,531