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REGISTERED NUMBER: 07336575 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

Partridge Financial Limited

Partridge Financial Limited (Registered number: 07336575)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Partridge Financial Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mrs C F Partridge
A D R Partridge





REGISTERED OFFICE: West Garth
Harmby
Leyburn
North Yorkshire
DL8 5PD





REGISTERED NUMBER: 07336575 (England and Wales)





ACCOUNTANTS: Yorkshire Accountants Ripon
Eva Lett House
1 South Crescent
Ripon
North Yorkshire
HG4 1SN

Partridge Financial Limited (Registered number: 07336575)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 116,781 107,074
Investments 5 163,518 158,377
280,299 265,451

CURRENT ASSETS
Debtors 6 17,924 66,491
Cash at bank 126,237 88,041
144,161 154,532
CREDITORS
Amounts falling due within one year 7 134,807 136,503
NET CURRENT ASSETS 9,354 18,029
TOTAL ASSETS LESS CURRENT
LIABILITIES

289,653

283,480

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 289,543 283,370
289,653 283,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:




A D R Partridge - Director


Partridge Financial Limited (Registered number: 07336575)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Partridge Financial Limited 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.
Fixtures and Fittings - 33% on cost
Motor Vehicles - 25% on reducing balance
Computer Equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

Partridge Financial Limited (Registered number: 07336575)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
Property Fittings Vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 - 13,185 174,362 29,833 217,380
Additions 32,778 16,501 - 1,545 50,824
Disposals - - (27,665 ) - (27,665 )
At 31 March 2025 32,778 29,686 146,697 31,378 240,539
DEPRECIATION
At 1 April 2024 - 12,109 71,697 26,500 110,306
Charge for year 3,278 6,297 24,436 2,182 36,193
Eliminated on disposal - - (22,741 ) - (22,741 )
At 31 March 2025 3,278 18,406 73,392 28,682 123,758
NET BOOK VALUE
At 31 March 2025 29,500 11,280 73,305 2,696 116,781
At 31 March 2024 - 1,076 102,665 3,333 107,074

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 158,377
Revaluations 5,141
At 31 March 2025 163,518
NET BOOK VALUE
At 31 March 2025 163,518
At 31 March 2024 158,377

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2024 8,377
Valuation in 2025 5,141
Cost 150,000
163,518

Partridge Financial Limited (Registered number: 07336575)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade Debtors 4,111 60,655
Prepayments 13,813 5,836
17,924 66,491

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade Creditors 2,947 1,729
Taxation 114,531 121,486
Other Taxes and PAYE 206 158
Directors' current accounts 4,453 644
Accrued expenses 12,670 12,486
134,807 136,503