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Company Registration No. 08897360 (England and Wales)
Passburg Partners Limited Unaudited accounts for the year ended 31 March 2025
Passburg Partners Limited Unaudited accounts Contents
Page
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Passburg Partners Limited Company Information for the year ended 31 March 2025
Director
Alexander Gezelius
Company Number
08897360 (England and Wales)
Registered Office
Building 6 30 Friern Park London N12 9DA
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Passburg Partners Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investments
7,756 
7,921 
Current assets
Debtors
99,500 
91,000 
Cash at bank and in hand
960 
62,892 
100,460 
153,892 
Creditors: amounts falling due within one year
(30,020)
(20,714)
Net current assets
70,440 
133,178 
Net assets
78,196 
141,099 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
78,186 
141,089 
Shareholders' funds
78,196 
141,099 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 June 2025 and were signed on its behalf by
Alexander Gezelius Director Company Registration No. 08897360
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Passburg Partners Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Passburg Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 08897360. The registered office is Building 6, 30 Friern Park, London, N12 9DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investments
Investments in shares are included at fair value.
4
Investments
Other investments 
£ 
Valuation at 1 April 2024
7,921 
Fair value adjustments
(165)
Valuation at 31 March 2025
7,756 
As at 31 March 2025, Passburg Partners Limited held an investment in unlisted equity shares of Apply Stickers Inc, a US company, valued at USD 10,000 (GBP 7,756). The investment was purchased on 1 November 2022 for GBP 8,659, and an unrealised foreign exchange loss of GBP 165 was recognised for the year ended 31 March 2025. The cumulative unrealised foreign exchange loss since purchase is GBP 903.
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
97,000 
88,500 
Accrued income and prepayments
2,500 
2,500 
99,500 
91,000 
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Passburg Partners Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
16,156 
14,743 
Taxes and social security
2,049 
3,183 
Loans from directors
10,335 
2,038 
Accruals
1,480 
750 
30,020 
20,714 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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