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Company Registration No. 06983204 (England and Wales)
PANDIAL ENGINEERING LTD Unaudited accounts for the year ended 31 August 2024
PANDIAL ENGINEERING LTD Unaudited accounts Contents
Page
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PANDIAL ENGINEERING LTD Company Information for the year ended 31 August 2024
Director
Mr. Peter Robert Perceval
Company Number
06983204 (England and Wales)
Registered Office
Southgate Office Village, Block E 286A Chase Road Southgate London N14 6HF England
Accountants
Stoke Newington Accountants & Tax Consultants Ltd Southgate Office Village, Block E 286-A Chase Road Southgate London N14 6HF
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PANDIAL ENGINEERING LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
200 
235 
Current assets
Debtors
11,416 
14,720 
Cash at bank and in hand
128,246 
87,716 
139,662 
102,436 
Creditors: amounts falling due within one year
(63,538)
(57,855)
Net current assets
76,124 
44,581 
Net assets
76,324 
44,816 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
76,224 
44,716 
Shareholders' funds
76,324 
44,816 
For the year ending 31 August 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 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 9 June 2025 and were signed on its behalf by
Mr. Peter Robert Perceval Director Company Registration No. 06983204
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PANDIAL ENGINEERING LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
PANDIAL ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 06983204. The registered office is Southgate Office Village, Block E, 286A Chase Road, Southgate, London, N14 6HF, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing Bal Method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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PANDIAL ENGINEERING LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
1,451 
At 31 August 2024
1,451 
Depreciation
At 1 September 2023
1,216 
Charge for the year
35 
At 31 August 2024
1,251 
Net book value
At 31 August 2024
200 
At 31 August 2023
235 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,416 
14,720 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
121 
49 
Taxes and social security
20,692 
26,394 
Loans from directors
40,775 
29,911 
Accruals
1,950 
1,501 
63,538 
57,855 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Transactions with related parties
At the balance sheet date, where the director held controlling interest, the company owed the director £40,775.
9
Controlling party
The company's ultimate controlling party is Mr. Peter Robert Perceval by virtue of his ownership of 100% of the issued share capital in the company.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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