Company Registration No. 11750802 (England and Wales)
Panoramic Services Limited
Unaudited accounts
for the year ended 30 March 2025
Panoramic Services Limited
Unaudited accounts
Contents
Panoramic Services Limited
Company Information
for the year ended 30 March 2025
Directors
G M Krasner
B B Smith
D J L Harper
Company Number
11750802 (England and Wales)
Registered Office
PANORAMIC HOUSE UNIT 4 BANKSIDE
THE WATERMARK
GATESHEAD
NE11 9SY
ENGLAND
Accountants
Craven Professional Solutions
126 Monkswell House
Manse Lane
Knaresborough
North Yorkshire
HG5 8NQ
Panoramic Services Limited
Statement of financial position
as at 30 March 2025
Tangible assets
29,952
42,632
Cash at bank and in hand
3,555
41,848
Creditors: amounts falling due within one year
(436,581)
(435,652)
Net current liabilities
(430,343)
(389,775)
Total assets less current liabilities
(400,391)
(347,143)
Creditors: amounts falling due after more than one year
(418,653)
(417,779)
Net liabilities
(819,044)
(764,922)
Called up share capital
100
100
Profit and loss account
(819,144)
(765,022)
Shareholders' funds
(819,044)
(764,922)
For the year ending 30 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 directors acknowledge their 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 of Directors and authorised for issue on 4 November 2025 and were signed on its behalf by
G M Krasner
Director
Company Registration No. 11750802
Panoramic Services Limited
Notes to the Accounts
for the year ended 30 March 2025
Panoramic Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11750802. The registered office is PANORAMIC HOUSE UNIT 4 BANKSIDE, THE WATERMARK, GATESHEAD, NE11 9SY, ENGLAND.
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
20% p.a. on cost
Plant & machinery
25% p.a. on cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 31 March 2024
47,614
12,655
60,269
At 30 March 2025
47,614
12,655
60,269
At 31 March 2024
9,523
8,114
17,637
Charge for the year
9,523
3,157
12,680
At 30 March 2025
19,046
11,271
30,317
At 30 March 2025
28,568
1,384
29,952
At 30 March 2024
38,091
4,541
42,632
Panoramic Services Limited
Notes to the Accounts
for the year ended 30 March 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
55,894
43,854
Taxes and social security
45,545
54,338
Other creditors
5,467
2,173
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
276,205
417,779
Loans from directors
142,448
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).