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Company Registration No. 02935157 (England and Wales)
PANTEX INTERNATIONAL LIMITED Unaudited accounts for the year ended 30 June 2024
PANTEX INTERNATIONAL LIMITED Unaudited accounts Contents
Page
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PANTEX INTERNATIONAL LIMITED Company Information for the year ended 30 June 2024
Director
Manzoor Hasnain Haider
Company Number
02935157 (England and Wales)
Registered Office
72 WIMBLEODN STADIUM BUSINESS CENTRE ROSEMARY ROAD LONDON SW17 0BA
Accountants
Warrenwood Insystems Ltd Suite 8, Claremont Business Centre 6 Claremont Road Surbiton Surrey KT6 4RA
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PANTEX INTERNATIONAL LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
111,586 
127,517 
Current assets
Debtors
106,109 
109,383 
Cash at bank and in hand
320,050 
305,531 
426,159 
414,914 
Creditors: amounts falling due within one year
(149,642)
(124,414)
Net current assets
276,517 
290,500 
Total assets less current liabilities
388,103 
418,017 
Creditors: amounts falling due after more than one year
(51,500)
(72,500)
Provisions for liabilities
Deferred tax
(13,327)
(800)
Net assets
323,276 
344,717 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
323,176 
344,617 
Shareholders' funds
323,276 
344,717 
For the year ending 30 June 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 March 2025 and were signed on its behalf by
Manzoor Hasnain Haider Director Company Registration No. 02935157
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PANTEX INTERNATIONAL LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
PANTEX INTERNATIONAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02935157. The registered office is 72 WIMBLEODN STADIUM BUSINESS CENTRE, ROSEMARY ROAD, LONDON, SW17 0BA.
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:
Land & buildings
Over the period of lease
Plant & machinery
25% Reducing balance
Motor vehicles
15% Reducing balance
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when paid.
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PANTEX INTERNATIONAL LIMITED Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
60,428 
78,494 
230,726 
369,648 
At 30 June 2024
60,428 
78,494 
230,726 
369,648 
Depreciation
At 1 July 2023
30,813 
66,029 
145,289 
242,131 
Charge for the year
- 
3,116 
12,815 
15,931 
At 30 June 2024
30,813 
69,145 
158,104 
258,062 
Net book value
At 30 June 2024
29,615 
9,349 
72,622 
111,586 
At 30 June 2023
29,615 
12,465 
85,437 
127,517 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,043 
5,050 
Trade debtors
57,133 
64,928 
Accrued income and prepayments
2,234 
3,330 
Other debtors
43,699 
36,075 
106,109 
109,383 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
18,000 
15,000 
Trade creditors
38,660 
28,377 
Taxes and social security
18,009 
1,995 
Proposed dividends
50,000 
50,000 
Other creditors
6,194 
524 
Loans from directors
6,068 
7,967 
Accruals
12,711 
20,551 
149,642 
124,414 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
51,500 
72,500 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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PANTEX INTERNATIONAL LIMITED Notes to the Accounts for the year ended 30 June 2024
9
Pension commitments
The company operates a defined contributions pension scheme The assets of the scheme are held separately from those of the company in an independently administered fund. Th Penson cost charged represents contribution payable by the company to the fund and comprise amounting to £50,304 to the directors and £551 to the staff.
10
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 June 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
18,000 
18,000 
11
Transactions with related parties
The company was under the control of Mr Manzoor Hasnain Haider and Ruhi Hider own 50% each of the ordinary share capital. At the balance sheet date the director owed amounting to £2,932 to the company, which has been repaid after year end.
12
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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