CH COPY
Company registration number:
00864408
PATRA SELECTIONS LIMITED
Unaudited filleted financial statements
31 March 2023
PATRA SELECTIONS LIMITED
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
PATRA SELECTIONS LIMITED
Directors and other information
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Directors |
Mrs U Patra |
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Miss R Patra |
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Mrs S De Lacey |
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Secretary |
Mrs U Patra |
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Company number |
00864408 |
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Registered office |
1-5 Nant Road |
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London |
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NW2 2PS |
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Business address |
1-5 Nant Road |
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London |
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NW2 2PS |
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Accountants |
Hansons |
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39a Joel Street |
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Northwood Hills |
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Middlesex |
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HA6 1NZ |
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PATRA SELECTIONS LIMITED
Statement of financial position
31 March 2023
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2023 |
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2022 |
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Note |
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£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
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1,141,159 |
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1,188,817 |
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Investments |
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6 |
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1 |
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1 |
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_________ |
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_________ |
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1,141,160 |
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1,188,818 |
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Current assets |
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Stocks |
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1,202,496 |
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1,223,207 |
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Debtors |
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7 |
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71,489 |
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66,817 |
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Cash at bank and in hand |
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3,975,598 |
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3,427,717 |
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_________ |
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_________ |
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5,249,583 |
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4,717,741 |
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Creditors: amounts falling due |
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within one year |
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(
406,860) |
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(
370,908) |
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_________ |
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_________ |
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Net current assets |
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4,842,723 |
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4,346,833 |
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_________ |
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_________ |
Total assets less current liabilities |
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5,983,883 |
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5,535,651 |
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Provisions for liabilities |
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(
6,859) |
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(
6,803) |
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_________ |
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_________ |
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Net assets |
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5,977,024 |
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5,528,848 |
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_________ |
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_________ |
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Capital and reserves |
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Called up share capital |
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20,000 |
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20,000 |
Profit and loss account |
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5,957,024 |
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5,508,848 |
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_________ |
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_________ |
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Shareholders funds |
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5,977,024 |
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5,528,848 |
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_________ |
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_________ |
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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:
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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;
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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 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 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
23 October 2023
, and are signed on behalf of the board by:
Miss R Patra
Director
Company registration number:
00864408
PATRA SELECTIONS LIMITED
Statement of changes in equity
Year ended 31 March 2023
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Called up share capital |
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Profit and loss account |
Total |
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£ |
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£ |
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At 1 April 2021 |
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20,000 |
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4,947,781 |
4,967,781 |
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Profit for the year |
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561,067 |
561,067 |
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_______ |
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_________ |
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Total comprehensive income for the year |
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561,067 |
561,067 |
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_______ |
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_________ |
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At 31 March 2022 and 1 April 2022 |
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20,000 |
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5,508,848 |
5,528,848 |
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Profit for the year |
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448,176 |
448,176 |
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_______ |
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_________ |
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Total comprehensive income for the year |
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448,176 |
448,176 |
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_______ |
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_________ |
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At 31 March 2023 |
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20,000 |
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5,957,024 |
5,977,024 |
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_______ |
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_________ |
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PATRA SELECTIONS LIMITED
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. The address of the registered office is 1-5 Nant Road, London, NW2 2PS.
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
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:
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Freehold property |
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2 % |
straight line |
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Fittings fixtures and equipment |
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15 % |
reducing balance |
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Motor vehicles |
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20 % |
reducing balance |
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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
26
(2022:
25
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7.
Debtors
2023
2022
£
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Other debtors and prepayments |
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71,489 |
66,817 |
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_______ |
_______ |
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8.
Creditors: amounts falling due within one year
2023
2022
£
£
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Trade creditors |
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227,365 |
198,876 |
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Amounts owed to group undertakings |
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1 |
1 |
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Corporation tax |
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116,202 |
140,621 |
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Social security and other taxes |
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49,519 |
17,897 |
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Other creditors and accruals |
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13,773 |
13,513 |
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_______ |
_______ |
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406,860 |
370,908 |
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_______ |
_______ |
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9.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company: |
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2023 |
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Balance brought forward |
Advances/ (credits) |
Balance o/standing |
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£ |
£ |
£ |
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Mrs U Patra |
2,445 |
2,352 |
4,797 |
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Miss R Patra |
1,213 |
(
1,413) |
(
200) |
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_______ |
_______ |
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3,658 |
939 |
4,597 |
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_______ |
_______ |
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2022 |
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Balance brought forward |
Advances/ (credits) |
Balance o/standing |
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£ |
£ |
£ |
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Mrs U Patra |
- |
2,445 |
2,445 |
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Miss R Patra |
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1,213 |
1,213 |
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_______ |
_______ |
_______ |
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3,658 |
3,658 |
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_______ |
_______ |
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10.
Controlling party
The directors are considered to be the controlling party
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