Registration number: 06662405

Pampeano Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 8

Pampeano Limited

(Registration number: 06662405)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	54,035	70,137
Tangible assets	5	19,655	8,563
		73,690	78,700
Current assets
Stocks	6	210,080	227,289
Debtors	7	115,951	75,971
Cash at bank and in hand		184,323	113,703
		510,354	416,963
Creditors: Amounts falling due within one year	8	(202,250)	(153,344)
Net current assets		308,104	263,619
Total assets less current liabilities		381,794	342,319
Creditors: Amounts falling due after more than one year	8	(191,760)	(111,678)
Provisions for liabilities		(14,004)	(14,956)
Net assets		176,030	215,685
Capital and reserves
Called up share capital	9	1,000	1,000
Retained earnings		175,030	214,685
Shareholders' funds		176,030	215,685

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 September 2025

.........................................

Ms J Brown

Director

Pampeano Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
9 Station Field
Kidlington
OX5 1JD
United Kingdom

These financial statements were authorised for issue by the director on 25 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods n the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Pampeano Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	Straight line over 4-5 years

Intangible assets

Intangible assets are stated in the statement of financial position at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Trademark and website	Straight line over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Pampeano Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2023 - 10).

Pampeano Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Intangible assets

	Intangible assets  £	Total £
Cost or valuation
At 1 January 2024	127,209	127,209
Additions acquired separately	19,655	19,655
Disposals	(32,340)	(32,340)
At 31 December 2024	114,524	114,524
Amortisation
At 1 January 2024	57,072	57,072
Amortisation charge	17,609	17,609
Amortisation eliminated on disposals	(14,192)	(14,192)
At 31 December 2024	60,489	60,489
Carrying amount
At 31 December 2024	54,035	54,035
At 31 December 2023	70,137	70,137

Pampeano Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2024	41,629	41,629
Additions	14,830	14,830
Disposals	-	-
At 31 December 2024	56,459	56,459
Depreciation
At 1 January 2024	33,066	33,066
Charge for the year	3,738	3,738
At 31 December 2024	36,804	36,804
Carrying amount
At 31 December 2024	19,655	19,655
At 31 December 2023	8,563	8,563

6

Stocks

	2024 £	2023 £
Other inventories	210,080	227,289

7

Debtors

	2024 £	2023 £
Trade debtors	95,781	44,406
Prepayments	15,788	26,957
Other debtors	4,382	4,608
	115,951	75,971

Pampeano Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

8

Creditors

Creditors: amounts falling due within one year

	Note	2024 £	2023 £
Due within one year
Loans and borrowings	10	48,092	20,006
Trade creditors		17,941	35,558
Taxation and social security		90,391	61,614
Accruals and deferred income		16,334	13,600
Other creditors		29,492	22,566
		202,250	153,344

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	10	191,760	111,678

9	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
A Ordinary of £0.01 each	100,000	1,000	100,000	1,000

10	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Bank borrowings	191,760	111,678

Current loans and borrowings

	2024 £	2023 £
Bank borrowings	26,370	20,006
Bank overdrafts	21,722	-
	48,092	20,006

Pampeano Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

11

Dividends

Final dividends paid

		2024 £		2023 £
Final dividend of £0.47 (2023 - £0.42) per each Ordinary shares		47,000		42,000

12	Related party transactions

Summary of transactions with other related parties

J. Brown (director and shareholder)
At the balance sheet date, the company owed the director £796 (2023: £119).

Dividends of £47,000 were paid to the related party during the year (2023: £42,000).