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REGISTERED NUMBER: 10535701 (England and Wales)
























FIGHTING PANTHER LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






FIGHTING PANTHER LTD (REGISTERED NUMBER: 10535701)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


FIGHTING PANTHER LTD (REGISTERED NUMBER: 10535701)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 11,418 -

CURRENT ASSETS
Stocks 5 2,228 1,623
Debtors 6 34,298 4,339
Cash at bank 923 1,055
37,449 7,017
CREDITORS
Amounts falling due within one year 7 29,518 7,341
NET CURRENT ASSETS/(LIABILITIES) 7,931 (324 )
TOTAL ASSETS LESS CURRENT LIABILITIES 19,349 (324 )

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 19,345 (328 )
SHAREHOLDERS' FUNDS 19,349 (324 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 2 June 2025 and were signed by:





D Mcdowell - Director


FIGHTING PANTHER LTD (REGISTERED NUMBER: 10535701)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024


1. STATUTORY INFORMATION

Fighting Panther Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10535701

Registered office: Unit 10 Alpha Business Park
Mallard Road
Bretton
Peterborough
Cambridgeshire
PE3 8AF

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 10% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

FIGHTING PANTHER LTD (REGISTERED NUMBER: 10535701)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

Taxation
Taxation for the year comprises current and deferred year 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.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

FIGHTING PANTHER LTD (REGISTERED NUMBER: 10535701)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 11,668
At 30 April 2024 11,668
DEPRECIATION
Charge for year 250
At 30 April 2024 250
NET BOOK VALUE
At 30 April 2024 11,418

5. STOCKS
2024 2023
£    £   
Stocks 2,228 1,623

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 34,298 4,339

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 613 701
Taxation and social security 11,598 2,268
Other creditors 17,307 4,372
29,518 7,341

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4

9. RELATED PARTY DISCLOSURES

During the year, £43,509 (2023 - £14,058) was advanced to a director, and £20,138 (2023 - £11,020) was repaid, leaving a balance of £26,410 owed to the company (2023 - £3,039).

The above loans are unsecured and repayable on demand. Interest is charged at HMRC's official rate of interest on overdrawn balances above £10,000.

FIGHTING PANTHER LTD (REGISTERED NUMBER: 10535701)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


10. ULTIMATE CONTROLLING PARTY

The controlling party is D Mcdowell.