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REGISTERED NUMBER: 10150368 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Panzer Facilities Limited

Panzer Facilities Limited (Registered number: 10150368)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Panzer Facilities Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr J L Prier





REGISTERED OFFICE: Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA





BUSINESS ADDRESS: Unit 37-39
Kingswood House
Kingswood
Bristol
BS15 8JF





REGISTERED NUMBER: 10150368 (England and Wales)





ACCOUNTANTS: ARC & Co. Accountants Limited
Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA

Panzer Facilities Limited (Registered number: 10150368)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 132,861 90,496

CURRENT ASSETS
Stocks 5 41,441 57,789
Debtors 6 22,286 66,957
Cash at bank 10,498 67,407
74,225 192,153
CREDITORS
Amounts falling due within one year 7 62,880 140,058
NET CURRENT ASSETS 11,345 52,095
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,206

142,591

CREDITORS
Amounts falling due after more than one
year

8

(63,447

)

(29,254

)

PROVISIONS FOR LIABILITIES 10 (5,311 ) (7,057 )
NET ASSETS 75,448 106,280

CAPITAL AND RESERVES
Called up share capital 11 15 15
Retained earnings 12 75,433 106,265
SHAREHOLDERS' FUNDS 75,448 106,280

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 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.

Panzer Facilities Limited (Registered number: 10150368)

Balance Sheet - continued
31 March 2025


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 29 May 2025 and were signed by:





Mr J L Prier - Director


Panzer Facilities Limited (Registered number: 10150368)

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

1. STATUTORY INFORMATION

Panzer Facilities 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 10% on cost
Motor vehicles - 10% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Panzer Facilities Limited (Registered number: 10150368)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2024 29,055 118,461 147,516
Additions - 94,250 94,250
Disposals - (55,416 ) (55,416 )
At 31 March 2025 29,055 157,295 186,350
DEPRECIATION
At 1 April 2024 20,283 36,737 57,020
Charge for year 2,905 21,272 24,177
Eliminated on disposal - (27,708 ) (27,708 )
At 31 March 2025 23,188 30,301 53,489
NET BOOK VALUE
At 31 March 2025 5,867 126,994 132,861
At 31 March 2024 8,772 81,724 90,496

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2024 55,416
Additions 94,250
Disposals (55,416 )
At 31 March 2025 94,250
DEPRECIATION
At 1 April 2024 22,166
Charge for year 14,967
Eliminated on disposal (27,708 )
At 31 March 2025 9,425
NET BOOK VALUE
At 31 March 2025 84,825
At 31 March 2024 33,250

5. STOCKS
31.3.25 31.3.24
£    £   
Work-in-progress 41,441 57,789

Panzer Facilities Limited (Registered number: 10150368)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 21,774 60,864
Corporation tax 512 -
Prepayments - 6,093
22,286 66,957

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 1,029 7,986
Trade creditors 20,316 40,139
Finance company advances 10,718 27,911
Net wages creditor 4,020 8,538
Corporation tax - 5,045
Social security and other taxes 2,422 4,011
VAT 14,493 37,852
Directors' current accounts 8,382 7,076
Accrued expenses 1,500 1,500
62,880 140,058

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 63,447 29,254

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 64,476 37,240

The hire purchases are secured against the vehicles to which they relate.

10. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 5,311 7,057

Deferred
tax
£   
Balance at 1 April 2024 7,057
Credit to Income Statement during year (1,746 )
Balance at 31 March 2025 5,311

Panzer Facilities Limited (Registered number: 10150368)

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

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
10 A Ordinary £1 10 10
5 B Ordinary £1 5 5
15 15

12. RESERVES
Retained
earnings
£   

At 1 April 2024 106,265
Deficit for the year (10,832 )
Dividends (20,000 )
At 31 March 2025 75,433

13. RELATED PARTY DISCLOSURES

During the year the director, Mr J L Prier, made net deposits to his account of £1,306. The balance on his account at 31 March 2025 was £8,382 in credit (2024 - £7,076 in credit).

Also during the year, Mr J L Prier received dividends from the company of £10,000 (2024 - £10,000).

14. ULTIMATE CONTROLLING PARTY

Mr J L Prier is the ultimate controlling party by virtue of his holding all of the company's issued voting share capital.