Paul Linthwaite Associates Ltd 31/03/2023 iXBRL

Paul Linthwaite Associates Ltd 31/03/2023 iXBRL

PAUL LINTHWAITE ASSOCIATES LTD - Company Information

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0 31/03/2023 2023-03-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2022-04-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 7981766 2022-04-01 2023-03-31 7981766 2023-03-31 7981766 2022-03-31 7981766 2022-03-31 7981766 core:PlantMachinery 2022-04-01 2023-03-31 7981766 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 7981766 bus:Director1 2022-04-01 2023-03-31 7981766 core:PlantMachinery 2022-03-31 7981766 core:WithinOneYear 2023-03-31 7981766 core:WithinOneYear 2022-03-31 7981766 core:ShareCapital 2023-03-31 7981766 core:ShareCapital 2022-03-31 7981766 core:RetainedEarningsAccumulatedLosses 2023-03-31 7981766 core:RetainedEarningsAccumulatedLosses 2022-03-31 7981766 bus:OrdinaryShareClass1 core:ShareCapital 2023-03-31 7981766 bus:OrdinaryShareClass1 core:ShareCapital 2022-03-31 7981766 core:PlantMachinery 2022-03-31 7981766 bus:SmallEntities 2022-04-01 2023-03-31 7981766 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 7981766 bus:FullAccounts 2022-04-01 2023-03-31 7981766 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 7981766 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Company registration number: 7981766
Paul Linthwaite Associates Ltd
Unaudited filleted financial statements
31 March 2023
Paul Linthwaite Associates Ltd
Statement of financial position
31 March 2023
2023 2022
Note £ £ £ £
Fixed assets
Tangible assets 5 - 243
_______ _______
- 243
Current assets
Debtors 4,350 4,345
Cash at bank 27,796 34,143
_______ _______
32,146 38,488
Creditors: amounts falling due
within one year ( 2,575) ( 1,860)
_______ _______
Net current assets 29,571 36,628
_______ _______
Total assets less current liabilities 29,571 36,871
Provisions for liabilities - ( 46)
_______ _______
Net assets 29,571 36,825
_______ _______
Capital and reserves
Called up share capital 6 100 100
Profit and loss account 29,471 36,725
_______ _______
Shareholders funds 29,571 36,825
_______ _______
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 19 July 2023 , and are signed on behalf of the board by:
Mr P.A. Linthwaite
Director
Company registration number: 7981766
Paul Linthwaite Associates Ltd
Notes to the financial statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lewis House, Great Chesterford Court, Great Chesterford, Saffron Walden, Essex, CB10 1PF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: Nil).
5. Tangible assets
Plant and machinery Total
£ £
Cost
At 1 April 2022 304 304
Disposals ( 304) ( 304)
_______ _______
At 31 March 2023 - -
_______ _______
Depreciation
At 1 April 2022 61 61
Disposals ( 61) ( 61)
_______ _______
At 31 March 2023 - -
_______ _______
Carrying amount
At 31 March 2023 - -
_______ _______
At 31 March 2022 243 243
_______ _______
6. Called up share capital
Issued, called up and fully paid
2023 2022
No £ No £
Ordinary shares of £ 1.00 each 100 100 100 100
_______ _______ _______ _______