Pavilion Batteries Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09929351

Pavilion Batteries Limited

Filleted Financial Statements

31 December 2024

Pavilion Batteries Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	2

Pavilion Batteries Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	5	520	650

Current assets

Stocks		322,841	268,155
Debtors	6	223,102	323,412
Cash at bank and in hand		39,417	61,213
		---------	---------
		585,360	652,780

Creditors: amounts falling due within one year	7	564,613	640,155
		---------	---------
Net current assets		20,747	12,625
		--------	--------
Total assets less current liabilities		21,267	13,275

Provisions	( 2,341)	( 2,605)
	--------	--------
Net assets	23,608	15,880
	--------	--------

Capital and reserves

Called up share capital	1	1
Profit and loss account	23,607	15,879
	--------	--------
Shareholders funds	23,608	15,880
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 30 December 2025 , and are signed on behalf of the board by:

Dr A J Furneaux

Director

Company registration number: 09929351

Pavilion Batteries Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Shorncliffe Motor Park, Ross Way, Folkestone, Kent, CT20 3UJ, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of Tudor Group Holdings Limited as at 30th December 2024 which can be obtained from Camburgh House, 27 New Dover Road, Canterbury, Kent, United Kingdom, CT1 3DN. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) Disclosures in respect of share-based payments have not been presented. (d) No disclosure has been given for the aggregate remuneration of key management personnel. These exemptions have been applied on the basis that Tudor Group Holdings Limited includes equivalent disclosures for Pavilion Batteries Limited (formerly Southern Batteries Limited) in its consolidated financial statements prepared in accordance with UK GAAP.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Equipment	-	20% straight line

Impairment of fixed assets

A review of indicators of impairment carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 8 (2023: 9 ).

5. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 January 2024 and 31 December 2024	19,650	1,198	20,848
	--------	-------	--------
Depreciation
At 1 January 2024	19,000	1,198	20,198
Charge for the year	130	–	130
	--------	-------	--------
At 31 December 2024	19,130	1,198	20,328
	--------	-------	--------
Carrying amount
At 31 December 2024	520	–	520
	--------	-------	--------
At 31 December 2023	650	–	650
	--------	-------	--------

6. Debtors

	2024	2023
	£	£
Trade debtors	180,357	214,368
Amounts owed by group undertakings and undertakings in which the company has a participating interest	–	64,635
Other debtors	42,745	44,409
	---------	---------
	223,102	323,412
	---------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	90,031	97,985
Amounts owed to group undertakings and undertakings in which the company has a participating interest	432,215	505,915
Corporation tax	15,642	15,610
Social security and other taxes	11,369	7,056
Other creditors	15,356	13,589
	---------	---------
	564,613	640,155
	---------	---------

8. Summary audit opinion

The auditor's report dated 30 December 2025 was unqualified .

The senior statutory auditor was Alexander Baker BSc FCA , for and on behalf of Burgess Hodgson Audit Limited .

9. Related party transactions

Related party transactions with group companies have not been disclosed as consolidated accounts are prepared by the parent entity.

10. Controlling party

The immediate parent of the company is Tudor Holdings (UK) Limited. The ultimate parent and controlling party, and the parent of both the largest and smallest group for which consolidated accounts are available, is Tudor Group Holdings Limited. Both companies are registered at Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.