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REGISTERED NUMBER: 11694847 (England and Wales)









Financial Statements

for the Year Ended 30 November 2023

for

Panthera Ventures Ltd

Panthera Ventures Ltd (Registered number: 11694847)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Panthera Ventures Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: N Bahel





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 11694847 (England and Wales)





ACCOUNTANTS: Parker Cavendish
Chartered Accountants
28 Church Road
Stanmore
Middlesex
HA7 4XR

Panthera Ventures Ltd (Registered number: 11694847)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 92,108 1,992
Investments 6 8,550 -
100,658 1,992

CURRENT ASSETS
Debtors 7 59,431 94,929
Cash at bank 19,646 165,818
79,077 260,747
CREDITORS
Amounts falling due within one year 8 (119,583 ) (89,733 )
NET CURRENT (LIABILITIES)/ASSETS (40,506 ) 171,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,152

173,006

CREDITORS
Amounts falling due after more than one
year

9

(53,020

)

-
NET ASSETS 7,132 173,006

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7,130 173,004
SHAREHOLDERS' FUNDS 7,132 173,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 August 2024 and were signed by:




N Bahel - Director


Panthera Ventures Ltd (Registered number: 11694847)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Panthera Ventures 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Income is recognised when the service is provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Investments are recorded at cost less any accumulated depreciation and any accumulated impairment losses.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Panthera Ventures Ltd (Registered number: 11694847)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 11,925
Additions 95,110
At 30 November 2023 107,035
DEPRECIATION
At 1 December 2022 9,933
Charge for year 4,994
At 30 November 2023 14,927
NET BOOK VALUE
At 30 November 2023 92,108
At 30 November 2022 1,992

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 8,550
At 30 November 2023 8,550
NET BOOK VALUE
At 30 November 2023 8,550

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,535 -
Other debtors 43,896 94,929
59,431 94,929

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 10,728 -
Taxation and social security 75,324 85,492
Other creditors 33,531 4,241
119,583 89,733

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 53,020 -

Panthera Ventures Ltd (Registered number: 11694847)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included within other creditors at the year end is an amount of £1,633 (2022: £340) due to the director N Bahel. Interest of £6,514 (2022: £2,308) was charged on the overdrawn balance at a rate of 2% to 2.25% whilst the account was overdrawn.

The following aggregate amounts were advanced to the director during the year and were considered material:
December 2022£43,200
January 2023£143,648
March 2023£35,541
April 2023£23,541
May 2023£13,541
June 2023£18,729
July 2023£60,384
August 2023£17,541
September 2023£58,541
October 2023£43,107
November 2023£38,041

There have been no other advances which individually were considered material and no other individual advances exceeding £10,000 to the director during the year under review.