2023-04-01 2024-03-31 false Capium Accounts Production 1.1 05139989 bus:FullAccounts 2023-04-01 2024-03-31 05139989 bus:FRS102 2023-04-01 2024-03-31 05139989 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05139989 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05139989 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05139989 2023-04-01 2024-03-31 05139989 2024-03-31 05139989 bus:RegisteredOffice 2023-04-01 2024-03-31 05139989 core:WithinOneYear 2024-03-31 05139989 core:AfterOneYear 2024-03-31 05139989 bus:Director1 2023-04-01 2024-03-31 05139989 bus:Director1 2024-03-31 05139989 bus:Director1 2022-04-01 2023-03-31 05139989 bus:Director2 2023-04-01 2024-03-31 05139989 bus:Director2 2024-03-31 05139989 bus:Director2 2022-04-01 2023-03-31 05139989 bus:Director3 2023-04-01 2024-03-31 05139989 bus:Director3 2024-03-31 05139989 bus:Director3 2022-04-01 2023-03-31 05139989 bus:Director4 2023-04-01 2024-03-31 05139989 bus:Director4 2024-03-31 05139989 bus:Director4 2022-04-01 2023-03-31 05139989 2022-04-01 05139989 bus:CompanySecretary1 2023-04-01 2024-03-31 05139989 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 05139989 2022-04-01 2023-03-31 05139989 2023-03-31 05139989 core:WithinOneYear 2023-03-31 05139989 core:AfterOneYear 2023-03-31 05139989 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 05139989 bus:OrdinaryShareClass1 2024-03-31 05139989 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass1 2023-03-31 05139989 bus:OrdinaryShareClass2 2023-04-01 2024-03-31 05139989 bus:OrdinaryShareClass2 2024-03-31 05139989 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass2 2023-03-31 05139989 bus:OrdinaryShareClass3 2023-04-01 2024-03-31 05139989 bus:OrdinaryShareClass3 2024-03-31 05139989 bus:OrdinaryShareClass3 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass3 2023-03-31 05139989 bus:OrdinaryShareClass4 2023-04-01 2024-03-31 05139989 bus:OrdinaryShareClass4 2024-03-31 05139989 bus:OrdinaryShareClass4 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass4 2023-03-31 05139989 bus:OrdinaryShareClass5 2023-04-01 2024-03-31 05139989 bus:OrdinaryShareClass5 2024-03-31 05139989 bus:OrdinaryShareClass5 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass5 2023-03-31 05139989 bus:OrdinaryShareClass6 2023-04-01 2024-03-31 05139989 bus:OrdinaryShareClass6 2024-03-31 05139989 bus:OrdinaryShareClass6 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass6 2023-03-31 05139989 bus:OrdinaryShareClass7 2023-04-01 2024-03-31 05139989 bus:OrdinaryShareClass7 2024-03-31 05139989 bus:OrdinaryShareClass7 2022-04-01 2023-03-31 05139989 bus:OrdinaryShareClass7 2023-03-31 05139989 core:LandBuildings 2023-04-01 2024-03-31 05139989 core:LandBuildings 2024-03-31 05139989 core:LandBuildings 2023-03-31 05139989 core:PlantMachinery 2023-04-01 2024-03-31 05139989 core:PlantMachinery 2024-03-31 05139989 core:PlantMachinery 2023-03-31 05139989 core:MotorCars 2023-04-01 2024-03-31 05139989 core:MotorCars 2024-03-31 05139989 core:MotorCars 2023-03-31 05139989 core:FurnitureFittings 2023-04-01 2024-03-31 05139989 core:FurnitureFittings 2024-03-31 05139989 core:FurnitureFittings 2023-03-31 05139989 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 05139989 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 05139989 core:NetGoodwill 2023-04-01 2024-03-31 05139989 core:NetGoodwill 2024-03-31 05139989 core:NetGoodwill 2023-03-31 05139989 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 05139989 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 05139989 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 05139989 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 05139989 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 05139989 core:Non-currentFinancialInstruments 2024-03-31 05139989 core:Non-currentFinancialInstruments 2023-03-31 05139989 core:ShareCapital 2024-03-31 05139989 core:ShareCapital 2023-03-31 05139989 core:RetainedEarningsAccumulatedLosses 2024-03-31 05139989 core:RetainedEarningsAccumulatedLosses 2023-03-31 05139989 dpl:Item1 2023-04-01 05139989 dpl:Item1 2024-03-31 05139989 dpl:Item1 2022-04-01 05139989 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05139989
England and Wales

 

 

 

PANTOGRAPH SERVICES LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3   40,000 
Tangible fixed assets 4 490,298    474,936 
490,298    514,936 
Current assets      
Stocks 5 287,867    329,781 
Debtors 6 236,047    243,032 
Cash at bank and in hand 85,030    48,525 
608,944    621,338 
Creditors: amount falling due within one year 7 (381,417)   (333,983)
Net current assets 227,527    287,355 
 
Total assets less current liabilities 717,825    802,291 
Provisions for liabilities 8 (24,554)   (21,585)
Net assets 693,271    780,706 
 

Capital and reserves
     
Called up share capital 9 100    100 
Profit and loss account 693,171    780,606 
Shareholders' funds 693,271    780,706 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 14 October 2024 and were signed on its behalf by:


-------------------------------
S L Jamieson
Director
1
General Information
Pantograph Services Limited is a private company, limited by shares, registered in England and Wales, registration number 05139989, registration address Unit 8d Felnex Close, Cross Green Industrial Park, Leeds, West Yorkshire, LS9 0SR.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. 
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. 
Deferred taxation
Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives as follows:
Plant and Machinery 10% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 30% Reducing Balance
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 18 (2023 : 19).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 April 2023 843,000    843,000 
Additions  
Disposals  
At 31 March 2024 843,000    843,000 
Amortisation
At 01 April 2023 803,000    803,000 
Charge for year 40,000    40,000 
On disposals  
At 31 March 2024 843,000    843,000 
Net book values
At 31 March 2024  
At 31 March 2023 40,000    40,000 


4.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Total
  £   £   £   £   £
At 01 April 2023 361,331    457,700    16,667    137,198    972,896 
Additions   31,709        31,709 
Disposals        
At 31 March 2024 361,331    489,409    16,667    137,198    1,004,605 
Depreciation
At 01 April 2023   358,991    9,636    129,333    497,960 
Charge for year   11,738    1,758    2,851    16,347 
On disposals        
At 31 March 2024   370,729    11,394    132,184    514,307 
Net book values
Closing balance as at 31 March 2024 361,331    118,680    5,273    5,014    490,298 
Opening balance as at 01 April 2023 361,331    98,709    7,031    7,865    474,936 


5.

Stocks

2024
£
  2023
£
Stocks 287,867    329,781 
287,867    329,781 

6.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 217,258    222,492 
Other Debtors 18,789    20,540 
236,047    243,032 

7.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 104,500    69,921 
Taxation and Social Security 88,819    88,104 
Other Creditors 188,098    175,958 
381,417    333,983 

8.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 24,554    21,585 
24,554    21,585 

9.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
36 Class A shares of £1.00 each 36    36 
12 Class B shares of £1.00 each 12    12 
12 Class C shares of £1.00 each 12    12 
1 Class D share of £1.00 each  
1 Class E share of £1.00 each  
37 Ordinary shares of £1.00 each 37    37 
1 Ordinary F share of £1.00 each  
100    100 
All shares rank pari passu and have equal voting rights

10.

Related Party Transactions

There are no transactions with related parties that need to be disclosed.
11.

Controlling Party

The company was under the control of its directors throughout the current and previous year.
12.

Directors' Loan Account

Particulars   B/forward
£
  Advances
£
  Credits
£
  C/forward
£
Mr & Mrs G Walker (60,904) 49,500  (51,800) (63,204)
Mrs S Jamieson (20,185) 73,000  (66,750) (13,935)
Mrs J Tinkler (4,755) 49,000  (47,650) (3,405)

2