IRIS Accounts Production v24.3.2.46 NI685509 director 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhNI6855092024-02-29NI6855092025-02-28NI6855092024-03-012025-02-28NI6855092023-02-28NI6855092023-03-012024-02-29NI6855092024-02-29NI685509ns15:NorthernIreland2024-03-012025-02-28NI685509ns14:PoundSterling2024-03-012025-02-28NI685509ns10:Director12024-03-012025-02-28NI685509ns10:PrivateLimitedCompanyLtd2024-03-012025-02-28NI685509ns10:SmallEntities2024-03-012025-02-28NI685509ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-28NI685509ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-28NI685509ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-28NI685509ns10:FullAccounts2024-03-012025-02-28NI685509ns10:CompanySecretary12024-03-012025-02-28NI685509ns10:RegisteredOffice2024-03-012025-02-28NI685509ns5:CurrentFinancialInstruments2025-02-28NI685509ns5:CurrentFinancialInstruments2024-02-29NI685509ns5:RetainedEarningsAccumulatedLosses2025-02-28NI685509ns5:RetainedEarningsAccumulatedLosses2024-02-29NI685509ns5:PlantMachinery2024-02-29NI685509ns5:PlantMachinery2024-03-012025-02-28NI685509ns5:PlantMachinery2025-02-28NI685509ns5:PlantMachinery2024-02-29
REGISTERED NUMBER: NI685509 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Pattison Picture Cars Ltd

Pattison Picture Cars Ltd (Registered number: NI685509)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pattison Picture Cars Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTOR: A Pattison





SECRETARY:





REGISTERED OFFICE: 3 Crossnenagh road
Derrynoose
Co. Armagh
BT60 3HW





REGISTERED NUMBER: NI685509 (Northern Ireland)





ACCOUNTANTS: MCA Accountants
Skeoge Industrial Estate
Beraghmore Rd
Londonderry
Co. Londonderry
BT48 8SE

Pattison Picture Cars Ltd (Registered number: NI685509)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 482,624 193,671

CURRENT ASSETS
Cash at bank 38,003 20,404

CREDITORS
Amounts falling due within one year 5 56,308 51,633
NET CURRENT LIABILITIES (18,305 ) (31,229 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

464,319

162,442

RESERVES
Retained earnings 464,319 162,442
464,319 162,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 10 April 2025 and were signed by:





A Pattison - Director


Pattison Picture Cars Ltd (Registered number: NI685509)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Pattison Picture Cars Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

Pattison Picture Cars Ltd (Registered number: NI685509)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 302,728
Additions 364,635
At 28 February 2025 667,363
DEPRECIATION
At 1 March 2024 109,057
Charge for year 75,682
At 28 February 2025 184,739
NET BOOK VALUE
At 28 February 2025 482,624
At 29 February 2024 193,671

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors - 1
Taxation and social security 12,108 7,298
Other creditors 44,200 44,334
56,308 51,633