Paula Fisher Administration Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07871705 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2022

for

Paula Fisher Administration Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

-

135

CURRENT ASSETS

Debtors

5

31,000

56,000

Cash at bank

18,233

18,088

49,233

74,088

CREDITORS

Amounts falling due within one year

6

(30,261

)

(49,322

)

NET CURRENT ASSETS

18,972

24,766

TOTAL ASSETS LESS CURRENT LIABILITIES

18,972

24,901

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

18,872

24,801

SHAREHOLDERS' FUNDS

18,972

24,901

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2023 and were signed by:

Mrs P Y Fisher - Director

1.	STATUTORY INFORMATION

Paula Fisher Administration Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07871705

Registered office:

Treviot House

186-192 High Road

Ilford

Essex

IG1 1LR

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover

Turnover represents the total invoice value of sales made during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment

-

Straight line over 4 years

Taxation

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

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2022

and 31 December 2022

1,043

DEPRECIATION

At 1 January 2022

908

Charge for year

135

At 31 December 2022

1,043

NET BOOK VALUE

At 31 December 2022

-

At 31 December 2021

135

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Amounts owed by a related party

31,000

31,000

Prepayments and accrued income

-

25,000

31,000

56,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Tax

6,828

3,647

Other creditors

15,750

17,750

Directors' loan accounts

5,411

16,083

Accruals and deferred income

2,272

11,842

30,261

49,322

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2021 and the year ended 31 December 2020:

2022

2021

£

£

Amounts Advanced

64,916

1,500

Amounts Repaid

(34,910

)

(21,910

)

The loan to the director is repayable on demand. Interest is charged on loans at the official rate set by HMRC.