Company registration number 07113617 (England and Wales)
PAT CENTRAL LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
PAT CENTRAL LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Statement of changes in equity
5
Notes to the financial statements
6 - 8
PAT CENTRAL LTD
COMPANY INFORMATION
Directors
Mr T Evenson
Mr G Siragusa
Company number
07113617
Registered office
Highland House
Albert Drive
Burgess Hill
West Sussex
England
RH15 9TN
Accountants
Xeinadin South East Limited
12 Conqueror Court
Sittingbourne
Kent
United Kingdom
ME10 5BH
PAT CENTRAL LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 1 -

The directors present their annual report and financial statements for the year ended 31 December 2024.

Principal activities

The principal activity of the company continued to be that of technical testing and analysis.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr T Evenson
Mr G Siragusa
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr T Evenson
Director
27 May 2025
PAT CENTRAL LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF PAT CENTRAL LTD
- 2 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2024.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

 

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Xeinadin South East Limited
12 Conqueror Court
Sittingbourne
Kent
ME10 5BH
United Kingdom
27 May 2025
PAT CENTRAL LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
2024
2023
£
£
Turnover
827,310
756,456
Cost of sales
(68,451)
(42,834)
Gross profit
758,859
713,622
Administrative expenses
(738,268)
(701,970)
Operating profit
20,591
11,652
Interest payable and similar expenses
(968)
(968)
Profit before taxation
19,623
10,684
Tax on profit
(3,064)
-
0
Profit for the financial year
16,559
10,684

The profit and loss account has been prepared on the basis that all operations are continuing operations.

PAT CENTRAL LTD
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 4 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,814
9,099
Current assets
Debtors
4
26,509
28,840
Cash at bank and in hand
57,636
35,917
84,145
64,757
Creditors: amounts falling due within one year
5
(73,183)
(68,639)
Net current assets/(liabilities)
10,962
(3,882)
Total assets less current liabilities
17,776
5,217
Creditors: amounts falling due after more than one year
6
(21,667)
(25,667)
Net liabilities
(3,891)
(20,450)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(3,991)
(20,550)
Total equity
(3,891)
(20,450)

For the financial year ended 31 December 2024 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 27 May 2025 and are signed on its behalf by:
Mr T Evenson
Director
Company registration number 07113617 (England and Wales)
PAT CENTRAL LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 5 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 January 2023
100
(31,234)
(31,134)
Year ended 31 December 2023:
Profit and total comprehensive income
-
10,684
10,684
Balance at 31 December 2023
100
(20,550)
(20,450)
Year ended 31 December 2024:
Profit and total comprehensive income
-
16,559
16,559
Balance at 31 December 2024
100
(3,991)
(3,891)
PAT CENTRAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 6 -
1
Accounting policies
Company information

PAT Central Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Highland House, Albert Drive, Burgess Hill, West Sussex, England, RH15 9TN.

 

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

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on cost
Motor vehicles
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

PAT CENTRAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 7 -
1.5
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.

1.6
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
14
15
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024
50,621
Additions
3,949
At 31 December 2024
54,570
Depreciation and impairment
At 1 January 2024
41,522
Depreciation charged in the year
6,234
At 31 December 2024
47,756
Carrying amount
At 31 December 2024
6,814
At 31 December 2023
9,099
PAT CENTRAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 8 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
26,410
28,741
Other debtors
99
99
26,509
28,840
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
4,000
4,000
Corporation tax
3,064
-
0
Other taxation and social security
63,985
62,421
Other creditors
1,784
1,568
Accruals and deferred income
350
650
73,183
68,639
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
21,667
25,667
Creditors which fall due after five years are as follows:
2024
2023
£
£
Payable by instalments
5,667
9,667
7
Parent company

The ultimate controlling party is Mr T Evenson.

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