Paulmead Property Co Ltd - Period Ending 2024-01-31
Paulmead Property Co Ltd - Period Ending 2024-01-31
Registration number:
Paulmead Property Co Ltd
for the Year Ended 31 January 2024
Paulmead Property Co Ltd
Contents
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Company Information |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
Paulmead Property Co Ltd
Company Information
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Directors |
Mr Paul Graham Mead Mr Mark Wayne Harris |
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Company secretary |
Cobat Secretarial Services Limited |
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Registered office |
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Accountants |
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Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Paulmead Property Co Ltd
for the Year Ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Paulmead Property Co Ltd for the year ended 31 January 2024 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the Board of Directors of Paulmead Property Co Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of the Company and state those matters that we have agreed to state to the Board of Directors of the Company, as a body, in this report in accordance with
the requirements of the Association of Chartered Certified Accountants as detailed at
http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet
-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Paulmead Property Co Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of the Company. You consider that Paulmead Property Co Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of the Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Certified Accountants
Leigh-On-Sea
Essex
SS9 3JY
Paulmead Property Co Ltd
Profit and Loss Account for the Year Ended 31 January 2024
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Note |
2024 |
2023 |
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Turnover |
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Gross profit |
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Administrative expenses |
( |
( |
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Operating profit |
1,634 |
9,577 |
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Other interest receivable and similar income |
- |
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Profit before tax |
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Tax on profit |
( |
( |
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Profit for the financial year |
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The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Paulmead Property Co Ltd
(Registration number: 02876420)
Balance Sheet as at 31 January 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
175 |
175 |
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Retained earnings |
80,112 |
78,788 |
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Shareholders' funds |
80,287 |
78,963 |
For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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• |
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Paulmead Property Co Ltd
Statement of Changes in Equity for the Year Ended 31 January 2024
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Share capital |
Retained earnings |
Total |
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At 1 February 2023 |
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Profit for the year |
- |
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At 31 January 2024 |
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Share capital |
Retained earnings |
Total |
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At 1 February 2022 |
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Profit for the year |
- |
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At 31 January 2023 |
175 |
78,788 |
78,963 |
Paulmead Property Co Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Tangible assets |
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Land and buildings |
Total |
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Cost or valuation |
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At 1 February 2023 |
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At 31 January 2024 |
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Depreciation |
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Carrying amount |
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At 31 January 2024 |
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At 31 January 2023 |
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Included within the net book value of land and buildings above is £98,885 (2023 - £98,885) in respect of freehold land and buildings.
Paulmead Property Co Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Taxation and social security |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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175 |
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175 |
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Related party transactions |
Paulmead Property Co Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024
Directors' remuneration
The directors' remuneration for the year was as follows:
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2024 |
2023 |
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Remuneration |
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