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Registration number: 13326687

PADS Group Ltd
Unaudited Filleted Financial Statements
for the Period from 1 March 2024 to 30 June 2025

PADS Group Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

PADS Group Ltd

Company Information

Directors | AJ Shkambi T Scarth

Registered office | Suite A4 Skylon Court Coldnose Road Rotherwas Hereford HR2 6JS

Accountants | Boon and Worth Limited Suite A4, Skylon Court Coldnose Road Rotherwas Hereford HR2 6JS

PADS Group Ltd

(Registration number: 13326687)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 924 | -
Investment property | 5 | 9,221 | 9,321
|  | 10,145 | 9,321
Current assets |  |  |
Stocks | 6 | 10,670 | -
Debtors | 7 | 1,825 | -
Cash at bank and in hand |  | 6,535 | 85,376
|  | 19,030 | 85,376
Creditors: Amounts falling due within one year | 8 | (20,574) | (97,985)
Net current liabilities |  | (1,544) | (12,609)
Net assets/(liabilities) |  | 8,601 | (3,288)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 8,501 | (3,388)
Shareholders' funds/(deficit) |  | 8,601 | (3,288)

PADS Group Ltd

(Registration number: 13326687)
Balance Sheet as at 30 June 2025

For the financial period ending 30 June 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 period in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 January 2026 and signed on its behalf by:

......................................... AJ Shkambi Director
......................................... T Scarth Director

PADS Group Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite A4
Skylon Court Coldnose Road
Rotherwas
Hereford
HR2 6JS
England

These financial statements were authorised for issue by the Board on 21 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

PADS Group Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction
over their estimated useful lives, as follows:

Asset class | Depreciation method and rate

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

PADS Group Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 2).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
Additions | 1,136 | 1,136
At 30 June 2025 | 1,136 | 1,136
Depreciation
Charge for the period | 212 | 212
At 30 June 2025 | 212 | 212
Carrying amount
At 30 June 2025 | 924 | 924

5 | Investment properties

| 2025 £
At 1 March | 9,321
Disposals | (100)
At 30 June | 9,221

There has been no valuation of investment property by an independent valuer.

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 10,670 | -

7 | Debtors

PADS Group Ltd

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 30 June 2025

Current | 2025 £ | 2024 £
Prepayments | 1,825 | -
| 1,825 | -

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 3,494 | -
Accruals and deferred income | 11,700 | 2,820
Other creditors | 5,380 | 95,165
| 20,574 | 97,985

9 | Related party transactions

Transactions with directors

2025 | At 1 March 2024 £ | Advances to director £ | Repayments by director £ | At 30 June 2025 £
AJ Shkambi
Director's loan account | - | 19,533 | (23,199) | (3,666)
T Scarth
Director's loan account | - | 20,381 | (45,764) | (25,384)

Directors' remuneration

The directors' remuneration for the period was as follows:

| 2025 £ | 2024 £
Remuneration | 25,140 | -