Company Registration No. 12319871 (England and Wales)
Pattern Production Ltd
Unaudited accounts
for the year ended 31 March 2025
Pattern Production Ltd
Unaudited accounts
Contents
Pattern Production Ltd
Company Information
for the year ended 31 March 2025
Company Number
12319871 (England and Wales)
Registered Office
76B FALKLAND ROAD
LONDON
N8 0NP
UNITED KINGDOM
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
Pattern Production Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
11,646
12,335
Cash at bank and in hand
6,309
1,748
Creditors: amounts falling due within one year
(5,604)
(6,199)
Net current assets
4,755
4,971
Total assets less current liabilities
16,401
17,306
Creditors: amounts falling due after more than one year
(16,400)
(17,175)
Called up share capital
1
1
Profit and loss account
-
130
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 17 September 2025 and were signed on its behalf by
Emile Kelly
Director
Company Registration No. 12319871
Pattern Production Ltd
Notes to the Accounts
for the year ended 31 March 2025
Pattern Production Ltd is a private company, limited by shares, registered in England and Wales, registration number 12319871. The registered office is 76B FALKLAND ROAD, LONDON, N8 0NP, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
No Depreciation
Plant & machinery
3 Years Straight Line
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Pattern Production Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
10,203
69,953
3,416
83,572
At 31 March 2025
10,203
71,655
3,416
85,274
At 1 April 2024
-
68,176
3,061
71,237
Charge for the year
-
2,035
356
2,391
At 31 March 2025
-
70,211
3,417
73,628
At 31 March 2025
10,203
1,444
(1)
11,646
At 31 March 2024
10,203
1,777
355
12,335
Amounts falling due within one year
Accrued income and prepayments
-
146
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,624
3,503
Taxes and social security
2,972
1,432
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).