Paul Scala Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08017879

Unaudited Financial Statements

for the Year Ended 30 April 2021

for

Paul Scala Limited

Page

Balance Sheet

1

FIXED ASSETS

2,460

-

CURRENT ASSETS

41,564

61,168

CREDITORS

Amounts falling due within one year

(36,110

)

(20,524

)

NET CURRENT ASSETS

5,454

40,644

TOTAL ASSETS LESS CURRENT LIABILITIES

7,914

40,644

CAPITAL AND RESERVES

7,914

40,644

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Paul Scala Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address are as below:

Registered number:

08017879

Registered office:

Apartment 19

5 Tiltman Place

London

N7 7EH

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2020 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2021 and 30 April 2020:

2021

2020

£

£

Mr P Scala

Balance outstanding at start of year

(1,577

)

(641

)

Amounts advanced

23,801

(936

)

Amounts repaid

(49,499

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(27,275

)

(1,577

)

4.	OPERATING LEASES

There are outstanding financial commitments in relation to the rent of the studio as at 30th April 2021 totalling £12,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 11 January 2022 and were signed by:

Mr P Scala - Director