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Registration number: 07382911

Partridge Ventilation Service and Maintenance Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Partridge Ventilation Service and Maintenance Limited

Contents

Company Information | 1
Directors' Report | 2
Balance Sheet | 3 to 4
Notes to the Financial Statements | 5 to 10

Partridge Ventilation Service and Maintenance Limited

Company Information

Directors | Mr RC Partridge Mrs VL Partridge

Registered office | Partridge Ventilation Stanley Way Cardrew Industrial Estate Redruth Cornwall TR15 1SH

Partridge Ventilation Service and Maintenance Limited

Directors' Report for the Year Ended 30 September 2025

The directors present their report and the financial statements for the year ended 30 September 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr RC Partridge

Mrs VL Partridge

Small companies provision statement

This report has 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.

Approved by the Board on 16 March 2026 and signed on its behalf by:

Mr RC Partridge
Director

Mrs VL Partridge
Director

Partridge Ventilation Service and Maintenance Limited

(Registration number: 07382911)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 120,428 | 100,471
Investments | 5 | 1 | 1
|  | 120,429 | 100,472
Current assets |  |  |
Stocks | 6 | 179,404 | 145,838
Debtors | 7 | 424,665 | 215,532
Cash at bank and in hand |  | 579,097 | 237,282
|  | 1,183,166 | 598,652
Creditors: Amounts falling due within one year | 8 | (309,633) | (184,902)
Net current assets |  | 873,533 | 413,750
Total assets less current liabilities |  | 993,962 | 514,222
Provisions for liabilities |  | (17,994) | (12,231)
Net assets |  | 975,968 | 501,991
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 975,868 | 501,891
Shareholders' funds |  | 975,968 | 501,991

For the financial year ending 30 September 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 year 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 and 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 and Directors' Report.

Partridge Ventilation Service and Maintenance Limited

(Registration number: 07382911)
Balance Sheet as at 30 September 2025

Approved and authorised by the Board on 16 March 2026 and signed on its behalf by:

Mr RC Partridge

Director

Mrs VL Partridge

Director

Partridge Ventilation Service and Maintenance Limited

Notes to the Financial Statements for the Year Ended 30 September 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:
Partridge Ventilation
Stanley Way
Cardrew Industrial Estate
Redruth
Cornwall
TR15 1SH
UK

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 tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Partridge Ventilation Service and Maintenance Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

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
Plant and machinery | 15% reducing balance
Office furniture and equipment | 15% reducing balance
Motor vehicles | 25% reducing balance

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

Partridge Ventilation Service and Maintenance Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2024 - 15).

Partridge Ventilation Service and Maintenance Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 3,883 | 23,703 | 139,773 | 167,359
Additions | 7,415 | 25,594 | 14,000 | 47,009
At 30 September 2025 | 11,298 | 49,297 | 153,773 | 214,368
Depreciation
At 1 October 2024 | 2,761 | 19,730 | 44,397 | 66,888
Charge for the year | 1,281 | 7,137 | 18,634 | 27,052
At 30 September 2025 | 4,042 | 26,867 | 63,031 | 93,940
Carrying amount
At 30 September 2025 | 7,256 | 22,430 | 90,742 | 120,428
At 30 September 2024 | 1,122 | 3,973 | 95,376 | 100,471

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 1 | 1

Subsidiaries | £
Cost or valuation
Additions | 1
Provision
Carrying amount
At 30 September 2025 | 1
At 30 September 2024 | 1

Partridge Ventilation Service and Maintenance Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

6 | Stocks

| 2025 £ | 2024 £
Work in progress | 129,542 | 109,112
Other inventories | 49,862 | 36,726
| 179,404 | 145,838

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 118,071 | 150,038
Prepayments | 7,452 | 7,151
Other debtors | 299,142 | 58,343
| 424,665 | 215,532

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 74,938 | 50,789
Taxation and social security | 218,710 | 102,633
Accruals and deferred income | 14,966 | 24,849
Other creditors | 1,019 | 6,631
| 309,633 | 184,902

Partridge Ventilation Service and Maintenance Limited

Notes to the Financial Statements for the Year Ended 30 September 2025

9 | Related party transactions

Transactions with directors

2025 | At 1 October 2024 £ | Advances to director £ | At 30 September 2025 £
Mrs VL Partridge
Directors current account | - | 70,000 | 70,000
Mr RC Partridge
Directors current account | - | 70,000 | 70,000

2024 | At 1 October 2023 £ | Repayments by director £ | At 30 September 2024 £
Mrs VL Partridge
Directors current account | 215 | (215) | -
Mr RC Partridge
Directors current account | 215 | (215) | -