PANELS 4 U LTD - Accounts

PANELS 4 U LTD
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	16,468	2,940
		16,468	2,940
Current assets
Debtors	4	0	900
Cash at bank and in hand		341,033	201,883
		341,033	202,783
Creditors: amount falling due within one year	5	(291,411)	(134,276)
Net current assets		49,622	68,507

Total assets less current liabilities		66,090	71,447
Creditors: amount falling due after more than one year	6	(66,086)	(71,443)
Net assets		4	4

Capital and reserves
Called up share capital		4	4
Profit and loss account		0	0
Shareholders' funds		4	4

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The financial statements were approved by the board of directors on 05 November 2025 and were signed on its behalf by:

-------------------------------
Mr Muhammad Atif Ikram
Director

PANELS 4 U LTD
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

PANELS 4 U LTD is a private company, limited by shares, registered in , registration number 07336206, registration address Skytax 37th Floor One Canada Square, Canary Wharf, London, E14 5AA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 September 2024	2,974	5,287	8,261
Additions	-	14,973	14,973
Disposals	-	-	-
At 31 August 2025	2,974	20,260	23,234
Depreciation
At 01 September 2024	2,825	2,496	5,321
Charge for year	50	1,395	1,445
On disposals	-	-	-
At 31 August 2025	2,875	3,891	6,766
Net book values
Closing balance as at 31 August 2025	99	16,369	16,468
Opening balance as at 01 September 2024	149	2,791	2,940

Debtors: amounts falling due within one year

	2025 £		2024 £
PAYE & Social Security	0		900
	0		900

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	6,839	7,778
PAYE & Social Security	722	0
VAT Control Account	28,218	(19,401)
Directors' Current Accounts	255,632	145,899
	291,411	134,276

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	23,486	28,843
Other Loan	42,600	42,600
	66,086	71,443

Registered Number: 07336206

PANELS 4 U LTD

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025