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REGISTERED NUMBER: 07979832 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

Patos Construction Ltd

Patos Construction Ltd (Registered number: 07979832)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Patos Construction Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTOR: A Celaj





REGISTERED OFFICE: 318 Lincoln Road
Enfield
Middlesex
EN3 4AA





REGISTERED NUMBER: 07979832 (England and Wales)





ACCOUNTANTS: Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH

Patos Construction Ltd (Registered number: 07979832)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 75,233 66,565

CURRENT ASSETS
Debtors 5 219,906 226,125
Cash at bank and in hand 12,102 7,901
232,008 234,026
CREDITORS
Amounts falling due within one year 6 2,116 89,743
NET CURRENT ASSETS 229,892 144,283
TOTAL ASSETS LESS CURRENT
LIABILITIES

305,125

210,848

CREDITORS
Amounts falling due after more than
one year

7

315,006

350,912
NET LIABILITIES (9,881 ) (140,064 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 (9,981 ) (140,164 )
SHAREHOLDERS' FUNDS (9,881 ) (140,064 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Patos Construction Ltd (Registered number: 07979832)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 November 2023 and were signed by:





A Celaj - Director


Patos Construction Ltd (Registered number: 07979832)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Patos Construction Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 16 ) .

Patos Construction Ltd (Registered number: 07979832)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 40,000 281,832 321,832
Additions - 20,990 20,990
At 28 February 2023 40,000 302,822 342,822
DEPRECIATION
At 1 March 2022 22,222 233,045 255,267
Charge for year 4,445 7,877 12,322
At 28 February 2023 26,667 240,922 267,589
NET BOOK VALUE
At 28 February 2023 13,333 61,900 75,233
At 28 February 2022 17,778 48,787 66,565

5. DEBTORS
28.2.23 28.2.22
£    £   
Amounts falling due within one year:
Trade debtors - 43,277
Other debtors 185,139 126,281
185,139 169,558

Amounts falling due after more than one year:
Other debtors 34,767 56,567

Aggregate amounts 219,906 226,125

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 1,413 14,760
Taxation and social security (27,831 ) 28,118
Other creditors 28,534 46,865
2,116 89,743

Patos Construction Ltd (Registered number: 07979832)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 75,463 108,644
Hire purchase contracts 89,297 100,168
Other creditors 150,246 142,100
315,006 350,912

8. RESERVES
Retained
earnings
£   

At 1 March 2022 (140,164 )
Profit for the year 130,183
At 28 February 2023 (9,981 )

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

28.2.23 28.2.22
£    £   
A Celaj
Balance outstanding at start of year 117,355 49,105
Amounts advanced 30,339 68,250
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 147,694 117,355

Patos Construction Ltd

Report of the Accountants to the Director of
Patos Construction Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH


20 November 2023