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Registration number: 13830334

PAL Ventures Limited
Unaudited Financial Statements
for the Year Ended 30 September 2025

PAL Ventures Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

PAL Ventures Limited

(Registration number: 13830334)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Other financial assets | 4 | 1,030,002 | 921,443
Current assets |  |  |
Debtors | 5 | 1,045,782 | 1,045,773
Cash at bank and in hand |  | 145,131 | 155,625
|  | 1,190,913 | 1,201,398
Creditors: Amounts falling due within one year | 6 | (2,025) | (13,129)
Net current assets |  | 1,188,888 | 1,188,269
Net assets |  | 2,218,890 | 2,109,712
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 2,218,790 | 2,109,612
Shareholders' funds |  | 2,218,890 | 2,109,712

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.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 February 2026

......................................... Mr P Ellis Director

PAL Ventures Limited

Notes to the Unaudited 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:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
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.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Tax

The tax expense for the period comprises 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.

PAL Ventures Limited

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

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

PAL Ventures Limited

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

4 | Other financial assets (current and non-current)

| Financial assets at fair value through profit and loss £ | Total £
Non-current financial assets
Cost or valuation
At 1 October 2024 | 921,443 | 921,443
Fair value adjustments | 96,143 | 96,143
Additions | 19,521 | 19,521
Disposals | (7,105) | (7,105)
At 30 September 2025 | 1,030,002 | 1,030,002
Carrying amount
At 30 September 2025 | 1,030,002 | 1,030,002

5 | Debtors

|  | 2025 £ | 2024 £
Amounts owed by related parties |  | 1,000,000 | 1,000,000
Other debtors |  | 45,782 | 45,773
|  | 1,045,782 | 1,045,773

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | - | 12,443
Accruals and deferred income | 2,025 | 686
| 2,025 | 13,129