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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
Page
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Panta Rei Int Ltd Company Information for the year ended 31 January 2024
Director
Giuseppe Ferace
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
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Panta Rei Int Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
143 
273 
Current assets
Debtors
3,580 
343 
Cash at bank and in hand
655 
1,696 
4,235 
2,039 
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)
Capital and reserves
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
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Panta Rei Int Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Going concern
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 
Depreciation
At 1 February 2023
318 
133 
451 
Charge for the year
116 
14 
130 
At 31 January 2024
434 
147 
581 
Net book value
At 31 January 2024
143 
- 
143 
At 31 January 2023
259 
14 
273 
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Panta Rei Int Ltd Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
117 
247 
Trade debtors
3,343 
- 
Accrued income and prepayments
120 
96 
3,580 
343 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,550 
5,550 
Trade creditors
8,263 
8,746 
Other creditors
- 
11,504 
13,813 
25,800 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,486 
39,036 
Other creditors
11,504 
- 
44,990 
39,036 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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