Company Registration No. 11010496 (England and Wales)
P&A Angels Ltd
Unaudited accounts
for the year ended 30 September 2021
P&A Angels Ltd
Unaudited accounts
Contents
P&A Angels Ltd
Company Information
for the year ended 30 September 2021
Company Number
11010496 (England and Wales)
Registered Office
52 THE ROUNDWAY
LONDON
N17 7HH
UNITED KINGDOM
Accountants
DN Accurate Accountants Ltd
Office 555
58 Peregrine Road
Ilford
Essex
IG6 3SZ
P&A Angels Ltd
Accountants' report
Accountants' report to the director of P&A Angels Ltd on the preparation of the unaudited statutory accounts for the year ended 30 September 2021
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 2021 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 letter dated 26 January 2019. 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
Office 555
58 Peregrine Road
Ilford
Essex
IG6 3SZ
4 January 2021
P&A Angels Ltd
Statement of financial position
as at
30 September 2021
Tangible assets
17,594
18,367
Cash at bank and in hand
2,982
3,423
Creditors: amounts falling due within one year
(3,273)
(2,583)
Net current (liabilities)/assets
(193)
840
Total assets less current liabilities
17,401
19,207
Creditors: amounts falling due after more than one year
(15,578)
(19,626)
Net assets/(liabilities)
1,823
(419)
Called up share capital
1
1
Profit and loss account
1,822
(420)
Shareholders' funds
1,823
(419)
For the year ending 30 September 2021 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 4 January 2021 and were signed on its behalf by
Radoslav Toskov
Director
Company Registration No. 11010496
P&A Angels Ltd
Notes to the Accounts
for the year ended 30 September 2021
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
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2020
23,526
-
23,526
At 30 September 2021
23,526
870
24,396
At 1 October 2020
5,159
-
5,159
Charge for the year
1,469
174
1,643
At 30 September 2021
6,628
174
6,802
At 30 September 2021
16,898
696
17,594
At 30 September 2020
18,367
-
18,367
P&A Angels Ltd
Notes to the Accounts
for the year ended 30 September 2021
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Loans from directors
3,020
2,583
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
5,500
9,626
8
Average number of employees
During the year the average number of employees was 1 (2020: 2).