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REGISTERED NUMBER: 08554955 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Panners Investments Ltd

Panners Investments Ltd (Registered number: 08554955)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Panners Investments Ltd

Company Information
for the year ended 30 June 2024







DIRECTOR: P N Stevens





SECRETARY:





REGISTERED OFFICE: 7 The Square
Great Notley
Braintree
Essex
CM77 7WT





REGISTERED NUMBER: 08554955 (England and Wales)





ACCOUNTANTS: Simpson Accountancy
Unit 6 Cherrytree Farm
Blackmore End Road
Sible Hedingham
Essex
C09 3LZ

Panners Investments Ltd (Registered number: 08554955)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,000,000 1,000,000
Investments 5 12 12
1,000,012 1,000,012

CURRENT ASSETS
Debtors 6 121,458 191,282
Cash at bank and in hand 10,406 19,748
131,864 211,030
CREDITORS
Amounts falling due within one year 7 9,253 1,008
NET CURRENT ASSETS 122,611 210,022
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,122,623

1,210,034

CREDITORS
Amounts falling due after more than one
year

8

22,000

30,000
NET ASSETS 1,100,623 1,180,034

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 447,564 447,564
Retained earnings 9 652,959 732,370
SHAREHOLDERS' FUNDS 1,100,623 1,180,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Panners Investments Ltd (Registered number: 08554955)

Balance Sheet - continued
30 June 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 November 2024 and were signed by:





P N Stevens - Director


Panners Investments Ltd (Registered number: 08554955)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Panners Investments Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 1,000,000
NET BOOK VALUE
At 30 June 2024 1,000,000
At 30 June 2023 1,000,000

Panners Investments Ltd (Registered number: 08554955)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Included in cost or valuation of land and buildings is freehold land of £ 552,436 (2023 - £ 552,436 ) which is not depreciated.

Cost or valuation at 30 June 2024 is represented by:

Land and
buildings
£   
Valuation in 2023 1,000,000

5. FIXED ASSET INVESTMENTS
Interest
in other
participating
interests
£   
COST
At 1 July 2023
and 30 June 2024 12
NET BOOK VALUE
At 30 June 2024 12
At 30 June 2023 12

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 4,708 3,568
Other debtors 10,000 156,714
14,708 160,282

Amounts falling due after more than one year:
Amounts owed by associates 106,750 31,000

Aggregate amounts 121,458 191,282

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 2,654
Taxation and social security (4,210 ) (2,964 )
Other creditors 13,463 1,318
9,253 1,008

Panners Investments Ltd (Registered number: 08554955)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 22,000 30,000

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 July 2023 732,370 447,564 1,179,934
Deficit for the year (6,951 ) (6,951 )
Dividends (72,460 ) (72,460 )
At 30 June 2024 652,959 447,564 1,100,523

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
P N Stevens
Balance outstanding at start of year 155,214 54,202
Amounts advanced 49,707 101,012
Amounts repaid (155,214 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 49,707 155,214

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £31,620 were paid to the director .

Interest of £3,407 was charged on the director's overdrawn loan account through the year.

As at 30th June 2024, the company was owed £58,500 from Number One Investments Ltd and £48,250 from Malret Ltd. All three companies are under common control.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P N Stevens.