0 false false false false false false false true false false true false false false false true true No description of principal activity 2022-09-16 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 14361649 2022-09-16 2023-09-30 14361649 2023-09-30 14361649 2022-09-15 14361649 bus:RegisteredOffice 2022-09-16 2023-09-30 14361649 bus:LeadAgentIfApplicable 2022-09-16 2023-09-30 14361649 bus:Director1 2022-09-16 2023-09-30 14361649 bus:Director1 2023-09-30 14361649 core:WithinOneYear 2023-09-30 14361649 core:ShareCapital 2023-09-30 14361649 bus:SmallEntities 2022-09-16 2023-09-30 14361649 bus:AuditExemptWithAccountantsReport 2022-09-16 2023-09-30 14361649 bus:SmallCompaniesRegimeForAccounts 2022-09-16 2023-09-30 14361649 bus:EntityHasNeverTraded 2022-09-16 2023-09-30 14361649 bus:PrivateLimitedCompanyLtd 2022-09-16 2023-09-30 14361649 bus:FullAccounts 2022-09-16 2023-09-30
COMPANY REGISTRATION NUMBER: 14361649
Panesar Group Ltd
Unaudited Financial Statements
30 September 2023
Panesar Group Ltd
Financial Statements
Period from 16 September 2022 to 30 September 2023
Contents
Page
Director's report
1
Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements
2
Statement of financial position
3
Notes to the financial statements
4
Panesar Group Ltd
Director's Report
Period from 16 September 2022 to 30 September 2023
The director presents his report and the unaudited financial statements of the company for the period ended 30 September 2023 .
The company has been dormant as defined in section 1169 of the Companies Act 2006 throughout the period. It is anticipated that the company will remain dormant for the foreseeable future.
Director
The director who served the company during the period was as follows:
Mr J.S. Panesar
(Appointed 16 September 2022)
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 19 February 2025 and signed on behalf of the board by:
Mr J.S. Panesar
Director
Registered office:
Studio 10
Clark's Courtyard
145 Granville Street
Birmingham
B1 1SB
Panesar Group Ltd
Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Panesar Group Ltd
Period from 16 September 2022 to 30 September 2023
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the period ended 30 September 2023, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
VAGHELA & CO. (SERVICES) LTD. Chartered Certified Accountants
P.O. Box 10901 Birmingham B1 1ZQ
19 February 2025
Panesar Group Ltd
Statement of Financial Position
30 September 2023
30 Sep 23
Note
£
£
Current assets
Debtors
4
180
Creditors: amounts falling due within one year
5
80
----
Net current assets
100
----
Total assets less current liabilities
100
----
Capital and reserves
Called up share capital
100
----
Shareholders funds
100
----
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The company did not trade during the period and has not made either a profit or loss.
For the period ending 30 September 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 19 February 2025 , and are signed on behalf of the board by:
Mr J.S. Panesar
Director
Company registration number: 14361649
Panesar Group Ltd
Notes to the Financial Statements
Period from 16 September 2022 to 30 September 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Studio 10, Clark's Courtyard, 145 Granville Street, Birmingham, B1 1SB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current period.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Debtors
30 Sep 23
£
Other debtors
180
----
5. Creditors: amounts falling due within one year
30 Sep 23
£
Other creditors
80
----