Company Registration No. 11010496 (England and Wales)
P&A Angels Ltd
Unaudited accounts
for the year ended 30 September 2019
P&A Angels Ltd
Unaudited accounts
Contents
P&A Angels Ltd
Company Information
for the year ended 30 September 2019
Directors
Radoslav Toskov
Aneta Petkova
Company Number
11010496 (England and Wales)
Registered Office
52 THE ROUNDWAY
LONDON
N17 7HH
UNITED KINGDOM
Accountants
DN Accurate Accountants Ltd
13 Fullwell Avenue
Ilford
Essex
IG6 2HA
P&A Angels Ltd
Accountants' report
Accountants' report to the board of directors of P&A Angels Ltd on the preparation of the unaudited statutory accounts for the year ended 30 September 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
P&A Angels Ltd for the year ended
30 September 2019 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of P&A Angels Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of P&A Angels Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than P&A Angels Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that P&A Angels 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 P&A Angels Ltd. You consider that P&A Angels 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 P&A Angels Ltd. 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.
DN Accurate Accountants Ltd
13 Fullwell Avenue
Ilford
Essex
IG6 2HA
18 December 2019
P&A Angels Ltd
Statement of financial position
as at
30 September 2019
Tangible assets
19,964
21,700
Cash at bank and in hand
3,650
3,328
Creditors: amounts falling due within one year
(4,406)
(4,579)
Net current liabilities
(756)
(1,251)
Total assets less current liabilities
19,208
20,449
Creditors: amounts falling due after more than one year
(13,751)
(17,876)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
5,456
2,172
Shareholders' funds
5,457
2,173
For the year ending 30 September 2019 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 directors acknowledge their 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.
Approved by the Board on 18 December 2019.
Radoslav Toskov
Director
Company Registration No. 11010496
P&A Angels Ltd
Notes to the Accounts
for the year ended 30 September 2019
P&A Angels Ltd is a private company, limited by shares, registered in England and Wales, registration number 11010496. The registered office is 52 THE ROUNDWAY, LONDON, N17 7HH, UNITED KINGDOM.
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.
The accounts have been prepared in accordance with FRS102-The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
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:
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
At 30 September 2019
23,526
Charge for the year
1,736
At 30 September 2019
3,562
At 30 September 2019
19,964
At 30 September 2018
21,700
P&A Angels Ltd
Notes to the Accounts
for the year ended 30 September 2019
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
816
119
Loans from directors
3,590
4,460
6
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
13,751
17,876
7
Average number of employees
During the year the average number of employees was 2 (2018: 2).