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REGISTERED NUMBER: 06644537 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Panthera Group Holdings Limited

Panthera Group Holdings Limited (Registered number: 06644537)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Panthera Group Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: N James
R S James





REGISTERED OFFICE: Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ





REGISTERED NUMBER: 06644537 (England and Wales)





ACCOUNTANTS: Ascendant Partners Limited
Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Panthera Group Holdings Limited

The following reproduces the text of the report prepared for the directors 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 Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Panthera Group Holdings Limited for the year ended 31 March 2024 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Panthera Group Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 9 March 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Panthera Group Holdings Limited and state those matters that we have agreed to state to the Board of Directors of Panthera Group Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Panthera Group Holdings Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Panthera Group Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Panthera Group Holdings Limited. You consider that Panthera Group Holdings Limited 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 financial statements of Panthera Group Holdings Limited. 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 financial statements.






Ascendant Partners Limited
Second Floor
Curzon House
24 High Street
Banstead
Surrey
SM7 2LJ


27 September 2024

Panthera Group Holdings Limited (Registered number: 06644537)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,810 12,648
Tangible assets 5 3,375,505 3,339,028
Investments 6 413 213
3,391,728 3,351,889

CURRENT ASSETS
Debtors 7 3,660 -
Cash at bank 2,199 4,255
5,859 4,255
CREDITORS
Amounts falling due within one year 8 710,078 726,387
NET CURRENT LIABILITIES (704,219 ) (722,132 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,687,509

2,629,757

CREDITORS
Amounts falling due after more than one
year

9

(1,129,769

)

(1,126,231

)

PROVISIONS FOR LIABILITIES 11 (537,888 ) (399,507 )
NET ASSETS 1,019,852 1,104,019

CAPITAL AND RESERVES
Called up share capital 300 300
Revaluation reserve 12 1,015,763 1,097,023
Retained earnings 3,789 6,696
SHAREHOLDERS' FUNDS 1,019,852 1,104,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Panthera Group Holdings Limited (Registered number: 06644537)

Statement of Financial Position - continued
31 March 2024


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2024 and were signed on its behalf by:




N James - Director



R S James - Director


Panthera Group Holdings Limited (Registered number: 06644537)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Panthera Group Holdings Limited 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. 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 as modified by the revaluation of certain assets.

Going concern
The preparation of the financial statements requires the directors to make an assessment of the entity's ability to continue as a going concern. The directors have reviewed this and consider it appropriate to prepare the financial statements on a going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about Panthera Group Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% per annum on cost
Improvements to property - over 15 years

Freehold property is included at fair value based on prevailing market conditions. Gains and losses are recognised in other comprehensive income and accumulated in equity, unless a loss exceeds a previous gain in which case this will be included in profit and loss.

Deferred taxation is provided on these gains at the future tax rate expected to apply when the property may be sold.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.


Panthera Group Holdings Limited (Registered number: 06644537)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023 13,574
Additions 5,915
At 31 March 2024 19,489
AMORTISATION
At 1 April 2023 926
Charge for year 2,753
At 31 March 2024 3,679
NET BOOK VALUE
At 31 March 2024 15,810
At 31 March 2023 12,648

Panthera Group Holdings Limited (Registered number: 06644537)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. PROPERTY, PLANT AND EQUIPMENT
Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2023 3,334,800 37,259 - 3,372,059
Additions - 60,558 9,695 70,253
At 31 March 2024 3,334,800 97,817 9,695 3,442,312
DEPRECIATION
At 1 April 2023 31,789 1,242 - 33,031
Charge for year 26,762 4,590 2,424 33,776
At 31 March 2024 58,551 5,832 2,424 66,807
NET BOOK VALUE
At 31 March 2024 3,276,249 91,985 7,271 3,375,505
At 31 March 2023 3,303,011 36,017 - 3,339,028

Included in cost or valuation of land and buildings is freehold land of £ 1,996,721 (2023 - £ 1,996,721 ) which is not depreciated.

Cost or valuation at 31 March 2024 is represented by:

Improvements Fixtures
Freehold to and
property property fittings Totals
£    £    £    £   
Valuation in 2022 449,549 - - 449,549
Valuation in 2023 904,800 - - 904,800
Cost 1,980,451 97,817 9,695 2,087,963
3,334,800 97,817 9,695 3,442,312

In October 2023, the directors reviewed valuations based on advice received from their property advisors and as a result valued the property at £3,334,800 at the balance sheet date. At 31 March 2022, the directors valuation of the property was £2,430,000.

Panthera Group Holdings Limited (Registered number: 06644537)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 213
Additions 200
At 31 March 2024 413
NET BOOK VALUE
At 31 March 2024 413
At 31 March 2023 213

The investment represents 100% of the ordinary share capital in the company's subsidiaries and a minority investment in the property management company which maintains the business park where the company in based.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes 805 -
Prepayments and accrued income 2,855 -
3,660 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 24,569 41,632
Amounts owed to group undertakings 679,941 679,423
Directors' current accounts 2,270 1,933
Accruals and deferred income 3,298 3,399
710,078 726,387

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 22,521 43,025
Bank loans - 2-5 years 130,467 233,420
Bank loans more 5 yr by instal 967,785 849,786
Other creditors 8,996 -
1,129,769 1,126,231

Panthera Group Holdings Limited (Registered number: 06644537)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 967,785 849,786

10. SECURED DEBTS

HSBC Bank plc hold a debenture dated 20 April 2020 securing all present and future liabilities to the bank by way of a fixed and floating charge over all of the assets of the company. HSBC Bank plc also hold a legal charge by way of a mortgage dated 19 August 2021 over the freehold property.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 537,888 399,507

Deferred
tax
£   
Balance at 1 April 2023 399,507
Charge to Statement of Comprehensive Income during year 138,381
Balance at 31 March 2024 537,888

12. RESERVES
Revaluation
reserve
£   
At 1 April 2023 1,097,023
Revaluation (81,260 )

At 31 March 2024 1,015,763

Panthera Group Holdings Limited (Registered number: 06644537)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

13. RELATED PARTY DISCLOSURES

The company is the parent company of Panthera Group Limited and Panthera Security Limited. Mr N James and Mr R James, who are directors of the company, are also directors of Panthera Group Limited, Panthera Security Limited, Panthera Temporary Site Services limited and Loop Sustainable Visuals Limited.

During the period under review the company received dividends of £208,783 (2023: £112,411) and rent of £81,800 (2023: £81,800) from Panthera Group Limited.

At the balance sheet date, the amounts outstanding were as follows:

2024 2023
Due from Due to Due from Due to
£ £ £ £

Panthera Group Limited - 670,641 - 676,323
Panthera Security Limited - 9,100 - 3,100
Panthera Temporary Site Services Limited - 100 - -
Loop Sustainable Visuals Limited - 100 - -

- 679,941 - 679,423

14. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.