Company Registration No. 11777756 (England and Wales)
Panta Rei Int Ltd
Unaudited accounts
for the year ended 31 January 2024
Panta Rei Int Ltd
Unaudited accounts
Contents
Panta Rei Int Ltd
Company Information
for the year ended 31 January 2024
Company Number
11777756 (England and Wales)
Registered Office
94-96 SEYMOUR PLACE
LONDON
W1H 1NB
ENGLAND
Accountants
Arth Limited
655 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
Panta Rei Int Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
655
1,696
Creditors: amounts falling due within one year
(13,813)
(25,800)
Net current liabilities
(9,578)
(23,761)
Total assets less current liabilities
(9,435)
(23,488)
Creditors: amounts falling due after more than one year
(44,990)
(39,036)
Net liabilities
(54,425)
(62,524)
Called up share capital
996
996
Profit and loss account
(55,421)
(63,520)
Shareholders' funds
(54,425)
(62,524)
For the year ending 31 January 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 21 October 2024 and were signed on its behalf by
Giuseppe Ferace
Director
Company Registration No. 11777756
Panta Rei Int Ltd
Notes to the Accounts
for the year ended 31 January 2024
Panta Rei Int Ltd is a private company, limited by shares, registered in England and Wales, registration number 11777756. The registered office is 94-96 SEYMOUR PLACE, LONDON, W1H 1NB, ENGLAND.
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.
The accounts are presented in £ sterling.
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:
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company until the foreseeable future.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
577
147
724
At 31 January 2024
577
147
724
At 1 February 2023
318
133
451
Charge for the year
116
14
130
At 31 January 2024
434
147
581
At 31 January 2024
143
-
143
At 31 January 2023
259
14
273
Panta Rei Int Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
120
96
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,550
5,550
Trade creditors
8,263
8,746
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).