REGISTERED NUMBER: 08700559 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

PANTELLI CONSULTANTS LTD

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Andrew Morton

REGISTERED OFFICE:

c/o Michael Filiou Ltd

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

08700559 (England and Wales)

ACCOUNTANTS:

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Tangible assets

5

5,235

6,878

CURRENT ASSETS

Debtors

81,138

123,130

Cash at bank

1,923

1,501

83,061

124,631

CREDITORS

Amounts falling due within one year

68,421

87,103

NET CURRENT ASSETS

14,640

37,528

TOTAL ASSETS LESS CURRENT LIABILITIES

19,875

44,406

CREDITORS

Amounts falling due after more than one year

(13,421

)

(26,421

)

PROVISIONS FOR LIABILITIES

6

(1,272

)

(1,683

)

NET ASSETS

5,182

16,302

CAPITAL AND RESERVES

Called up share capital

7

10,000

10,000

Retained earnings

(4,818

)

6,302

SHAREHOLDERS' FUNDS

5,182

16,302

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 January 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

Mr Andrew Morton - Director

1.	STATUTORY INFORMATION

Pantelli Consultants Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 4 ).

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2024

and 31 January 2025

27,702

DEPRECIATION

At 1 February 2024

20,824

Charge for year

1,643

At 31 January 2025

22,467

NET BOOK VALUE

At 31 January 2025

5,235

At 31 January 2024

6,878

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,272

1,683

Deferred

tax

£

Balance at 1 February 2024

1,683

Provided during year

(411

)

Balance at 31 January 2025

1,272

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

7,000

A Ordinary

£1

7,000

7,000

3,000

B Ordinary

£1

3,000

3,000

10,000

10,000

8.	RELATED PARTY DISCLOSURES

Pantelli Associates Limited

At the balance sheet date, the amount due from Pantelli Associates Limited, a company controlled and owned by Pantelli Group Ltd, the parent undertaking, was £76,729 (2024 - £119,805).

Pantelli Group Ltd

At the balance sheet date, the amount due to Pantelli Group Ltd, the parent undertaking, was £28,248 (2024 - £28,248).

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Andrew Morton.

The director, Mr Andrew Morton, is considered to be the controlling party by virtue of the fact he owns 90% of the issued share capital of the Parent company, Pantelli Group Ltd.

In April 2023, Pantelli Group Ltd acquired 100% of the issued share capital of the company.