Pandra Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11816358

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,141,703		2,144,471

			2,141,703		2,144,471
CURRENT ASSETS
Debtors	5	13,643		19,218
Cash at bank and in hand		5,949		4,881

		19,592		24,099
Creditors: Amounts Falling Due Within One Year	6	(656,589 )		(674,103 )

NET CURRENT ASSETS (LIABILITIES)			(636,997 )		(650,004 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,504,706		1,494,467

Creditors: Amounts Falling Due After More Than One Year	7		(1,521,913 )		(1,496,385 )

NET LIABILITIES			(17,207 )		(1,918 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(17,307 )		(2,018 )

SHAREHOLDERS' FUNDS			(17,207)		(1,918)

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Pandra Properties Ltd

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss A Rusu

Director

30th November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Pandra Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11816358 . The registered office is Keston Cottage, Church Way, Barnet, Hertfordshire, EN4 9JH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on the going concern basis. This assumes that the company will continue in operational existence for the foreseeable future.

At the balance sheet date, the company's liabilities for the period from 1 March 2024 to 28 February 2025 exceed its assets. The director of the company has sought assurance from the creditors that their debts will not be called in within the next twelve months.

The director has been therefore deemed it appropriate that the financial statements be prepared on the going concern basis.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	in accordance with the property
Leasehold	in accordance with the property
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 1)

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Pandra Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 March 2024	890,847	1,259,578	3,869	700	2,154,994

As at 28 February 2025	890,847	1,259,578	3,869	700	2,154,994

Depreciation
As at 1 March 2024	4,066	4,359	1,693	405	10,523
Provided during the period	891	1,259	544	74	2,768

As at 28 February 2025	4,957	5,618	2,237	479	13,291

Net Book Value
As at 28 February 2025	885,890	1,253,960	1,632	221	2,141,703

As at 1 March 2024	886,781	1,255,219	2,176	295	2,144,471

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	13,450	19,100
Other debtors	193	118

	13,643	19,218

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,544
Trade creditors	6,402	16,503
Bank loans and overdrafts	10,000	10,000
Other creditors	640,187	645,925
Taxation and social security	-	131

	656,589	674,103

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	13,333	19,167
Other loans	1,508,580	1,477,218

	1,521,913	1,496,385

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Pandra Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	1,544
Later than one year and not later than five years	-	-

	-	1,544

	-	1,544

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Related Party Transactions

During the year, no dividend was paid to the director.

11. Ultimate Controlling Party

The company's ultimate controlling party is Miss A Rusu by virtue of his ownership of 100% of the issued share capital in the company.

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