2023-12-012024-11-302024-11-30false13768199PATRON DIGITAL LIMITED2025-05-0662090falseiso4217:GBPxbrli:pure137681992023-12-01137681992024-11-30137681992023-12-012024-11-30137681992022-12-01137681992023-11-30137681992022-12-012023-11-3013768199bus:SmallEntities2023-12-012024-11-3013768199bus:AuditExempt-NoAccountantsReport2023-12-012024-11-3013768199bus:FullAccounts2023-12-012024-11-3013768199bus:PrivateLimitedCompanyLtd2023-12-012024-11-3013768199core:WithinOneYear2024-11-3013768199core:AfterOneYear2024-11-3013768199core:WithinOneYear2023-11-3013768199core:AfterOneYear2023-11-3013768199core:ShareCapital2024-11-3013768199core:SharePremium2024-11-3013768199core:RevaluationReserve2024-11-3013768199core:OtherReservesSubtotal2024-11-3013768199core:RetainedEarningsAccumulatedLosses2024-11-3013768199core:ShareCapital2023-11-3013768199core:SharePremium2023-11-3013768199core:RevaluationReserve2023-11-3013768199core:OtherReservesSubtotal2023-11-3013768199core:RetainedEarningsAccumulatedLosses2023-11-3013768199core:LandBuildings2024-11-3013768199core:PlantMachinery2024-11-3013768199core:Vehicles2024-11-3013768199core:FurnitureFittings2024-11-3013768199core:OfficeEquipment2024-11-3013768199core:NetGoodwill2024-11-3013768199core:IntangibleAssetsOtherThanGoodwill2024-11-3013768199core:ListedExchangeTraded2024-11-3013768199core:UnlistedNon-exchangeTraded2024-11-3013768199core:LandBuildings2023-11-3013768199core:PlantMachinery2023-11-3013768199core:Vehicles2023-11-3013768199core:FurnitureFittings2023-11-3013768199core:OfficeEquipment2023-11-3013768199core:NetGoodwill2023-11-3013768199core:IntangibleAssetsOtherThanGoodwill2023-11-3013768199core:ListedExchangeTraded2023-11-3013768199core:UnlistedNon-exchangeTraded2023-11-3013768199core:LandBuildings2023-12-012024-11-3013768199core:PlantMachinery2023-12-012024-11-3013768199core:Vehicles2023-12-012024-11-3013768199core:FurnitureFittings2023-12-012024-11-3013768199core:OfficeEquipment2023-12-012024-11-3013768199core:NetGoodwill2023-12-012024-11-3013768199core:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3013768199core:ListedExchangeTraded2023-12-012024-11-3013768199core:UnlistedNon-exchangeTraded2023-12-012024-11-3013768199core:MoreThanFiveYears2023-12-012024-11-3013768199core:Non-currentFinancialInstruments2024-11-3013768199core:Non-currentFinancialInstruments2023-11-3013768199dpl:CostSales2023-12-012024-11-3013768199dpl:DistributionCosts2023-12-012024-11-3013768199core:LandBuildings2023-12-012024-11-3013768199core:PlantMachinery2023-12-012024-11-3013768199core:Vehicles2023-12-012024-11-3013768199core:FurnitureFittings2023-12-012024-11-3013768199core:OfficeEquipment2023-12-012024-11-3013768199dpl:AdministrativeExpenses2023-12-012024-11-3013768199core:NetGoodwill2023-12-012024-11-3013768199core:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-3013768199dpl:GroupUndertakings2023-12-012024-11-3013768199dpl:ParticipatingInterests2023-12-012024-11-3013768199dpl:GroupUndertakingscore:ListedExchangeTraded2023-12-012024-11-3013768199core:ListedExchangeTraded2023-12-012024-11-3013768199dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-12-012024-11-3013768199core:UnlistedNon-exchangeTraded2023-12-012024-11-3013768199dpl:CostSales2022-12-012023-11-3013768199dpl:DistributionCosts2022-12-012023-11-3013768199core:LandBuildings2022-12-012023-11-3013768199core:PlantMachinery2022-12-012023-11-3013768199core:Vehicles2022-12-012023-11-3013768199core:FurnitureFittings2022-12-012023-11-3013768199core:OfficeEquipment2022-12-012023-11-3013768199dpl:AdministrativeExpenses2022-12-012023-11-3013768199core:NetGoodwill2022-12-012023-11-3013768199core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3013768199dpl:GroupUndertakings2022-12-012023-11-3013768199dpl:ParticipatingInterests2022-12-012023-11-3013768199dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3013768199core:ListedExchangeTraded2022-12-012023-11-3013768199dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3013768199core:UnlistedNon-exchangeTraded2022-12-012023-11-3013768199core:NetGoodwill2024-11-3013768199core:IntangibleAssetsOtherThanGoodwill2024-11-3013768199core:LandBuildings2024-11-3013768199core:PlantMachinery2024-11-3013768199core:Vehicles2024-11-3013768199core:FurnitureFittings2024-11-3013768199core:OfficeEquipment2024-11-3013768199core:AfterOneYear2024-11-3013768199core:WithinOneYear2024-11-3013768199core:ListedExchangeTraded2024-11-3013768199core:UnlistedNon-exchangeTraded2024-11-3013768199core:ShareCapital2024-11-3013768199core:SharePremium2024-11-3013768199core:RevaluationReserve2024-11-3013768199core:OtherReservesSubtotal2024-11-3013768199core:RetainedEarningsAccumulatedLosses2024-11-3013768199core:NetGoodwill2023-11-3013768199core:IntangibleAssetsOtherThanGoodwill2023-11-3013768199core:LandBuildings2023-11-3013768199core:PlantMachinery2023-11-3013768199core:Vehicles2023-11-3013768199core:FurnitureFittings2023-11-3013768199core:OfficeEquipment2023-11-3013768199core:AfterOneYear2023-11-3013768199core:WithinOneYear2023-11-3013768199core:ListedExchangeTraded2023-11-3013768199core:UnlistedNon-exchangeTraded2023-11-3013768199core:ShareCapital2023-11-3013768199core:SharePremium2023-11-3013768199core:RevaluationReserve2023-11-3013768199core:OtherReservesSubtotal2023-11-3013768199core:RetainedEarningsAccumulatedLosses2023-11-3013768199core:NetGoodwill2022-12-0113768199core:IntangibleAssetsOtherThanGoodwill2022-12-0113768199core:LandBuildings2022-12-0113768199core:PlantMachinery2022-12-0113768199core:Vehicles2022-12-0113768199core:FurnitureFittings2022-12-0113768199core:OfficeEquipment2022-12-0113768199core:AfterOneYear2022-12-0113768199core:WithinOneYear2022-12-0113768199core:ListedExchangeTraded2022-12-0113768199core:UnlistedNon-exchangeTraded2022-12-0113768199core:ShareCapital2022-12-0113768199core:SharePremium2022-12-0113768199core:RevaluationReserve2022-12-0113768199core:OtherReservesSubtotal2022-12-0113768199core:RetainedEarningsAccumulatedLosses2022-12-0113768199core:AfterOneYear2023-12-012024-11-3013768199core:WithinOneYear2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:CostValuation2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-012024-11-3013768199core:Non-currentFinancialInstrumentscore:CostValuation2024-11-3013768199core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-11-3013768199core:Non-currentFinancialInstrumentscore:CostValuation2023-11-3013768199core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-3013768199core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-3013768199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-3013768199core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-3013768199core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-3013768199core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-3013768199core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-3013768199core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-3013768199bus:Director12023-12-012024-11-30

PATRON DIGITAL LIMITED

Registered Number
13768199
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

PATRON DIGITAL LIMITED
Company Information
for the year from 1 December 2023 to 30 November 2024

Director

Robert Reid

Registered Address

179 Park Lane
Poynton
SK12 1RH

Registered Number

13768199 (England and Wales)
PATRON DIGITAL LIMITED
Balance Sheet as at
30 November 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets311,8309,507
Tangible assets48,28116,561
20,11126,068
Current assets
Cash at bank and on hand4040
4040
Creditors amounts falling due within one year6(43,253)(38,402)
Net current assets (liabilities)(43,213)(38,362)
Total assets less current liabilities(23,102)(12,294)
Net assets(23,102)(12,294)
Capital and reserves
Called up share capital100100
Profit and loss account(23,202)(12,394)
Shareholders' funds(23,102)(12,294)
The financial statements were approved and authorised for issue by the Director on 6 May 2025, and are signed on its behalf by:
Robert Reid
Director
Registered Company No. 13768199
PATRON DIGITAL LIMITED
Notes to the Financial Statements
for the year ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.
Turnover policy
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.
Revenue from sale of goods
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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Cryptocurrency assets
Cryptocurrency assets (under IAS 38) are recorded as intangible assets and can be measured at either cost or revaluation. The company has elected to measure them at revaluation as there is now an active market across across many digital exchanges. Therefore, these are recognised at fair value. The assets are held for investment purposes and therefore cannot be recognised as stock as they are not being held for sale in the ordinary course of business.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year11
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 December 239,5079,507
Additions12,17712,177
Disposals(9,854)(9,854)
At 30 November 2411,83011,830
Net book value
At 30 November 2411,83011,830
At 30 November 239,5079,507
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 December 2333,12233,122
At 30 November 2433,12233,122
Depreciation and impairment
At 01 December 2316,56116,561
Charge for year8,2808,280
At 30 November 2424,84124,841
Net book value
At 30 November 248,2818,281
At 30 November 2316,56116,561
5.Debtors: amounts due within one year
Short term trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables2,510-
Other creditors40,74338,402
Total43,25338,402
Short term creditors are measured at the transaction price. 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.
7.Provisions for liabilities
Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of going the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the company becomes aware of the obligation and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.