Company Registration No. 11670154 (England and Wales)
PAPER SMART UK LTD
Unaudited accounts
for the year ended 30 November 2022
PAPER SMART UK LTD
Unaudited accounts
Contents
PAPER SMART UK LTD
Company Information
for the year ended 30 November 2022
Company Number
11670154 (England and Wales)
Registered Office
89 CANTERBURY ROAD
WEST BROMWICH
B71 2LF
ENGLAND
PAPER SMART UK LTD
Statement of financial position
as at 30 November 2022
Cash at bank and in hand
3,362
22,915
Creditors: amounts falling due within one year
(800)
(1,109)
Net current assets
13,594
32,931
Total assets less current liabilities
18,367
32,931
Creditors: amounts falling due after more than one year
(37,092)
(45,301)
Net liabilities
(18,725)
(12,370)
Called up share capital
1
1
Profit and loss account
(18,726)
(12,371)
Shareholders' funds
(18,725)
(12,370)
For the year ending 30 November 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 November 2023 and were signed on its behalf by
Md Ehsanul KABIR
Director
Company Registration No. 11670154
PAPER SMART UK LTD
Notes to the Accounts
for the year ended 30 November 2022
PAPER SMART UK LTD is a private company, limited by shares, registered in England and Wales, registration number 11670154. The registered office is 89 CANTERBURY ROAD, WEST BROMWICH, B71 2LF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
2,185
3,635
5,820
At 30 November 2022
2,185
3,635
5,820
Charge for the year
393
654
1,047
At 30 November 2022
393
654
1,047
At 30 November 2022
1,792
2,981
4,773
Amounts falling due within one year
PAPER SMART UK LTD
Notes to the Accounts
for the year ended 30 November 2022
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
309
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
