REGISTERED NUMBER: 03101766 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Pageantry Electronic Systems Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

1

1

1

1

Current assets

Debtors

6

256,776

19,807

Cash at bank

2

1

256,778

19,808

Creditors

Amounts falling due within one year

7

(94,831

)

(23,398

)

Net current assets/(liabilities)

161,947

(3,590

)

Total assets less current liabilities

161,948

(3,589

)

Creditors

Amounts falling due after more than one year

8

(2,024,613

)

(1,460,440

)

Net liabilities

(1,862,665

)

(1,464,029

)

Capital and reserves

Called up share capital

200

200

Retained earnings

10

(1,862,865

)

(1,464,229

)

Shareholders' funds

(1,862,665

)

(1,464,029

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 17 July 2025 and were signed by:

Eric Yves Leon - Director

1.	Statutory information

Pageantry Electronic Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03101766

Registered office:

Metalflake House

1st Floor

Oakcroft Road

Chessington North

Surrey

KT9 1RH

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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.

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.

3.	Employees and directors

The average number of employees during the year was 12 (2024 - 12 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

(82,026

)

Amortisation

At 1 April 2024

and 31 March 2025

(82,026

)

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	Tangible fixed assets

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1 April 2024

and 31 March 2025

53,690

3,400

57,090

Depreciation

At 1 April 2024

and 31 March 2025

53,689

3,400

57,089

Net book value

At 31 March 2025

1

-

1

At 31 March 2024

1

-

1

6.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

256,776

19,731

Prepayments

-

76

256,776

19,807

7.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 9)

20,095

-

Trade creditors

5,563

4,619

Social security and other taxes

9,091

9,091

VAT

14,193

7,610

Other creditors

45,889

2,078

94,831

23,398

8.

Creditors: amounts falling due after more than one year

31.3.25

31.3.24

£

£

Trade creditors

2,024,613

1,460,440

9.

Loans

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year or on demand:

Bank loans < 1 year

20,095

-

10.

Reserves

Retained

earnings

£

At 1 April 2024

(1,464,229

)

Deficit for the year

(398,636

)

At 31 March 2025

(1,862,865

)