Registered number
09552964
Patricia G Limited
Filleted Accounts
30 April 2025
Patricia G Limited
Registered number: 09552964
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ £
Current assets
Stocks 50,000 4,291
Cash at bank and in hand 43,972 59,669
93,972 63,960
Creditors: amounts falling due within one year 3 (1,500) (585)
Net current assets 92,472 63,375
Total assets less current liabilities 92,472 63,375
Creditors: amounts falling due after more than one year 4 (109,207) (68,718)
Net liabilities (16,735) (5,343)
Capital and reserves
Called up share capital 2 2
Profit and loss account (16,737) (5,345)
Shareholder's funds (16,735) (5,343)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P Greatorex
Director
Approved by the board on 31 May 2025
Patricia G Limited
Notes to the Accounts
for the year ended 30 April 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2025 2024
£ £
Other creditors 1,500 585
4 Creditors: amounts falling due after one year 2025 2024
£ £
Directors loan account 109,207 68,718
5 Other information
Patricia G Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Willows Bafford Lane
Charlton Kings
Cheltenham
Glos
Patricia G Limited 09552964 false 2024-05-01 2025-04-30 2025-04-30 VT Final Accounts July 2024 P Greatorex No description of principal activity 09552964 2023-05-01 2024-04-30 09552964 core:WithinOneYear 2024-04-30 09552964 core:AfterOneYear 2024-04-30 09552964 core:ShareCapital 2024-04-30 09552964 core:RetainedEarningsAccumulatedLosses 2024-04-30 09552964 2024-05-01 2025-04-30 09552964 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 09552964 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 09552964 bus:Director40 2024-05-01 2025-04-30 09552964 2 2024-05-01 2025-04-30 09552964 countries:England 2024-05-01 2025-04-30 09552964 bus:FRS102 2024-05-01 2025-04-30 09552964 bus:FilletedAccounts 2024-05-01 2025-04-30 09552964 2025-04-30 09552964 core:WithinOneYear 2025-04-30 09552964 core:AfterOneYear 2025-04-30 09552964 core:ShareCapital 2025-04-30 09552964 core:RetainedEarningsAccumulatedLosses 2025-04-30 09552964 2024-04-30 iso4217:GBP xbrli:pure