Registered number: 04461815 | ||||||||
FOR THE YEAR ENDED 31/10/2024 | ||||||||
Prepared By: | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Paton Homes Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/10/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04461815 | ||||||||
BANKERS | ||||||||
Cumberland Building Society | ||||||||
ACCOUNTANTS | ||||||||
NB Lancaster & Co | ||||||||
Chartered Accountants | ||||||||
6 Brunswick Street | ||||||||
Carlisle | ||||||||
Cumbria | ||||||||
CA1 1PN |
Paton Homes Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/10/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Paton Homes Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Investment Assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
109,399 | 254,000 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (230,696) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Capital redemption reserve | 7 | |||||||||
Profit and loss account | 22,763 | 18,304 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Paton Homes Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/10/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. FINANCIAL ASSETS | |||||||||
Other | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/11/2023 | 250,000 | 250,000 | |||||||
At 31/10/2024 | 250,000 | 250,000 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31/10/2024 | 250,000 | 250,000 | |||||||
At 31/10/2023 | 250,000 | 250,000 | |||||||
Magnus Homes Limited is a 99% subsidiary of the company. | |||||||||
At 31st October 2024 the aggregate of share capital and reserves of Magnus Homes Limited was £2,146,880 and its loss for the year ended 31st October 2024 was £243,117. | |||||||||
3. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
VAT | 26 | 26 | ||||||
26 | 26 | |||||||
Paton Homes Limited | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 1,046 | 140 | ||||||
Directors current account | 31,530 | 31,530 | ||||||
Amounts due to group companies | 303,060 | 453,026 | ||||||
335,636 | 484,696 | |||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
6. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
800 | 800 | |||||||
800 | 800 | |||||||
7. OTHER RESERVES | 2024 | 2023 | ||||
£ | £ | |||||
Capital redemption reserve | 200 | 200 | ||||
200 | 200 | |||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
9. ADDITIONAL INFORMATION | ||||||||
The company is a private company, limited by shares and registered in England & Wales. The company's registered number is 04461815. | ||||||||
The company's registered office is Low Cotehill Farm, Low Cotehill, Carlisle, Cumbria, CA4 0EJ. | ||||||||