Company Registration No. 13381476 (England and Wales)
Patoche Limited
Unaudited accounts
for the year ended 31 March 2024
Patoche Limited
Unaudited accounts
Contents
Patoche Limited
Company Information
for the year ended 31 March 2024
Company Number
13381476 (England and Wales)
Registered Office
67 Dennis Road
East Molesey
KT8 9EE
United Kingdom
Accountants
Yukimi Rabnott FCPFA for and on behalf of
On The Spot
Trading Name of Carson Rabnott Limited
EC2Y 8BY
Patoche Limited
Statement of financial position
as at 31 March 2024
Tangible assets
31,158
28,392
Cash at bank and in hand
204,869
153,512
Creditors: amounts falling due within one year
(73,056)
(54,846)
Net current assets
138,322
104,875
Total assets less current liabilities
169,480
133,267
Provisions for liabilities
Deferred tax
(7,309)
(5,394)
Net assets
162,171
127,873
Called up share capital
2
4
Share premium
34,022
34,022
Capital redemption reserve
2
-
Profit and loss account
128,145
93,847
Shareholders' funds
162,171
127,873
For the year ending 31 March 2024 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 7 October 2024 and were signed on its behalf by
Laurent Trenga
Director
Company Registration No. 13381476
Patoche Limited
Notes to the Accounts
for the year ended 31 March 2024
Patoche Limited is a private company, limited by shares, registered in England and Wales, registration number 13381476. The registered office is 67 Dennis Road, East Molesey, KT8 9EE, 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 as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
5 years
Computer equipment
2 years
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes any expenditure incurred in bringing the stock to its present location and condition. A "first in first out" basis is used.
Deferred tax has been provided in full in respect of taxation deferred by timing differences (including fair value adjustments) between the treatment of certain items for taxation and accounting purposes except that a deferred tax asset is only recognised to the extent that it is recoverable. Deferred tax is measured using the tax rate that is expected to apply in the periods in which the timing differences are expected to reverse.
The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in independently administered funds. The pension costs charge represents contributions payable for the period by the company to the fund.
Patoche Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
30,927
1,169
1,021
33,117
Additions
26,439
-
-
26,439
Disposals
(20,824)
-
-
(20,824)
At 31 March 2024
36,542
1,169
1,021
38,732
At 1 April 2023
3,933
126
666
4,725
Charge for the year
5,990
250
355
6,595
On disposals
(3,746)
-
-
(3,746)
At 31 March 2024
6,177
376
1,021
7,574
At 31 March 2024
30,365
793
-
31,158
At 31 March 2023
26,994
1,043
355
28,392
Amounts falling due within one year
Accrued income and prepayments
1,509
1,089
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
33,126
21,503
Allotted, called up and fully paid:
200 Ordinary shares of £0.01 each
2
2
8
Transactions with related parties
There were no material transactions with directors and shareholders that were not conducted under normal market conditions.
The company completed a share repurchase of 193 £0.01 Ordinary shares during the period for a consideration of £39,829. On repurchase the £2 nominal value was transferred to a capital redemption reserve.
Patoche Limited
Notes to the Accounts
for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).