REGISTERED NUMBER: 09985303 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Partan Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C A Gordon

P M Gannon

REGISTERED OFFICE:

2 Church Street

Burnham

Buckinghamshire

SL1 7HZ

REGISTERED NUMBER:

09985303 (England and Wales)

ACCOUNTANTS:

Sweeting & Smedley Limited

2 Church Street

Burnham

Buckinghamshire

SL1 7HZ

FIXED ASSETS

Property, plant and equipment

4

35

52

Investments

5

143,690

78,302

143,725

78,354

CURRENT ASSETS

Debtors

6

80,010

85,653

Cash at bank

242,035

494,602

322,045

580,255

CREDITORS

Amounts falling due within one year

7

797,040

1,033,921

NET CURRENT LIABILITIES

(474,995

)

(453,666

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(331,270

)

(375,312

)

PROVISIONS FOR LIABILITIES

5,296

-

NET LIABILITIES

(336,566

)

(375,312

)

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

(336,578

)

(375,324

)

(336,566

)

(375,312

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 20 October 2025 and were signed on its behalf by:

C A Gordon - Director

1.	STATUTORY INFORMATION

Partan 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments

Listed investments are shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss.

Unlisted investments are shown at the lower of cost or impaired cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

1,287

DEPRECIATION

At 1 February 2024

1,235

Charge for year

17

At 31 January 2025

1,252

NET BOOK VALUE

At 31 January 2025

35

At 31 January 2024

52

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 February 2024

78,302

Additions

29,083

Revaluations

36,305

At 31 January 2025

143,690

NET BOOK VALUE

At 31 January 2025

143,690

At 31 January 2024

78,302

Cost or valuation at 31 January 2025 is represented by:

Other

investments

£

Valuation in 2017

7,459

Valuation in 2018

27,685

Valuation in 2019

(45,595

)

Valuation in 2020

(16,110

)

Valuation in 2021

237,847

Valuation in 2022

(217,130

)

Valuation in 2023

(134,389

)

Valuation in 2024

85,098

Valuation in 2025

76,285

Cost

122,540

143,690

If investments had not been revalued they would have been included at the following historical cost:

31.1.25

31.1.24

£

£

Cost

122,540

133,437

Listed Investments were valued on an open market basis on 31 January 2025 by Hargreaves Lansdown .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Other debtors

80,010

85,653

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Taxation and social security

627

-

Other creditors

796,413

1,033,921

797,040

1,033,921

8.	RELATED PARTY DISCLOSURES

The directors have made interest free loans to the company amounting to £185,144 which are repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

There is no singular controlling party.