REGISTERED NUMBER: 02960332 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Pavilion Rattan Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Poulston

Mrs K Poulston

A Poulston

SECRETARY:

R Poulston

REGISTERED OFFICE:

The Ulvers Building

Budby Road

Cuckney

Mansfield

NG20 9JP

REGISTERED NUMBER:

02960332 (England and Wales)

ACCOUNTANTS:

Camplejohn Rowan

CFC House

Acorn Business Park

Woodseats Close

Sheffield

South Yorkshire

S8 0TB

FIXED ASSETS

Tangible assets

4

29,469

39,303

CURRENT ASSETS

Stocks

937,705

875,703

Debtors

5

56,541

97,406

Cash at bank and in hand

30,653

73,121

1,024,899

1,046,230

CREDITORS

Amounts falling due within one year

6

(486,519

)

(464,795

)

NET CURRENT ASSETS

538,380

581,435

TOTAL ASSETS LESS CURRENT LIABILITIES

567,849

620,738

CREDITORS

Amounts falling due after more than one year

7

(955

)

(6,683

)

PROVISIONS FOR LIABILITIES

(1,421

)

(2,450

)

NET ASSETS

565,473

611,605

CAPITAL AND RESERVES

Called up share capital

9

10,000

10,000

Retained earnings

10

555,473

601,605

SHAREHOLDERS' FUNDS

565,473

611,605

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

A Poulston - Director

1.	STATUTORY INFORMATION

Pavilion Rattan 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 represents net invoiced sales of goods, excluding value added tax and sales discounts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-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.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2024

8,767

15,916

28,422

Disposals

-

-

-

At 31 December 2024

8,767

15,916

28,422

DEPRECIATION

At 1 January 2024

8,762

13,935

27,703

Charge for year

1

496

180

Eliminated on disposal

-

-

-

At 31 December 2024

8,763

14,431

27,883

NET BOOK VALUE

At 31 December 2024

4

1,485

539

At 31 December 2023

5

1,981

719

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

118,892

15,438

187,435

Disposals

-

(125

)

(125

)

At 31 December 2024

118,892

15,313

187,310

DEPRECIATION

At 1 January 2024

84,449

13,283

148,132

Charge for year

8,611

539

9,827

Eliminated on disposal

-

(118

)

(118

)

At 31 December 2024

93,060

13,704

157,841

NET BOOK VALUE

At 31 December 2024

25,832

1,609

29,469

At 31 December 2023

34,443

2,155

39,303

Assets held on hire purchase or finance leases had a net book value of £13,246 (2023: £17,661). Depreciation charged on those assets during the year amounted to £4,415 (2023: £5,887).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

23,992

64,878

Prepayments

32,549

32,528

56,541

97,406

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

5,728

5,728

Trade creditors

46,662

28,234

Tax

(3,163

)

11,248

Social security and other taxes

5,746

5,873

VAT

9,715

12,348

Other creditors

2,628

2,133

Directors' current accounts

415,683

392,021

Accrued expenses

3,520

7,210

486,519

464,795

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

955

6,683

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

6,683

12,411

Directors' current accounts

415,683

392,021

422,366

404,432

The directors' current accounts are secured over the assets of the company.

The hire purchase contracts are secured against the assets involved.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

10,000

Ordinary

£1

10,000

10,000

10.

RESERVES

Retained

earnings

£

At 1 January 2024

601,605

Deficit for the year

(15,732

)

Dividends

(30,400

)

At 31 December 2024

555,473

11.	ULTIMATE CONTROLLING PARTY

The controlling party is R Poulston.