2 01/04/2025 31/03/2026 2026-03-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2025-04-01 Sage Accounts Production 25.0 - FRS102_2025 xbrli:pure xbrli:shares iso4217:GBP 07286202 2025-04-01 2026-03-31 07286202 2026-03-31 07286202 2025-03-31 07286202 2024-04-01 2025-03-31 07286202 2025-03-31 07286202 2024-03-31 07286202 core:FurnitureFittingsToolsEquipment 2025-04-01 2026-03-31 07286202 bus:RegisteredOffice 2025-04-01 2026-03-31 07286202 bus:LeadAgentIfApplicable 2025-04-01 2026-03-31 07286202 bus:Director1 2025-04-01 2026-03-31 07286202 bus:Director2 2025-04-01 2026-03-31 07286202 core:FurnitureFittingsToolsEquipment 2025-03-31 07286202 core:FurnitureFittingsToolsEquipment 2026-03-31 07286202 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 07286202 core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 07286202 core:WithinOneYear 2026-03-31 07286202 core:WithinOneYear 2025-03-31 07286202 core:UKTax 2025-04-01 2026-03-31 07286202 core:UKTax 2024-04-01 2025-03-31 07286202 bus:AllOrdinaryShares 2025-04-01 2026-03-31 07286202 bus:AllOrdinaryShares 2024-04-01 2025-03-31 07286202 core:ShareCapital 2026-03-31 07286202 core:ShareCapital 2025-03-31 07286202 core:RetainedEarningsAccumulatedLosses 2026-03-31 07286202 core:RetainedEarningsAccumulatedLosses 2025-03-31 07286202 core:ShareCapital 2024-03-31 07286202 core:RetainedEarningsAccumulatedLosses 2024-03-31 07286202 core:PreviouslyStatedAmount core:ShareCapital 2026-03-31 07286202 core:DeferredTaxation 2025-04-01 2026-03-31 07286202 core:AcceleratedTaxDepreciationDeferredTax 2026-03-31 07286202 core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 07286202 core:FurnitureFittingsToolsEquipment 2025-03-31 07286202 core:DeferredTaxation 2025-03-31 07286202 core:DeferredTaxation 2026-03-31 07286202 bus:Director1 2025-03-31 07286202 bus:Director1 2026-03-31 07286202 bus:Director1 2024-03-31 07286202 bus:Director1 2025-03-31 07286202 bus:Director1 2024-04-01 2025-03-31 07286202 bus:SmallEntities 2025-04-01 2026-03-31 07286202 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 07286202 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 07286202 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 07286202 bus:FullAccounts 2025-04-01 2026-03-31
Company registration number: 07286202
Patovi Energy Limited
Unaudited filleted financial statements
31 March 2026
Patovi Energy Limited
Contents
Directors and other information
Accountant's report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Patovi Energy Limited
Directors and other information

| Directors | Dr Stefan Schmitz
|  | Ms Sara Schmidt
| Company number | 07286202
| Registered office | 1 Theydon Bower
|  | Bower Hill
|  | Epping
|  | Essex
|  | CM16 7AB
| Accountant | Murphy Collins Limited
|  | Sovereign House
|  | 82 West Street
|  | Rochford
|  | Essex
|  | SS4 1AS

Patovi Energy Limited
Chartered accountant's report to the board of directors on the preparation of the
unaudited statutory financial statements of Patovi Energy Limited
Year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Patovi Energy Limited for the year ended 31 March 2026 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Patovi Energy Limited, as a body, in accordance with the terms of my engagement letter dated 15 October 2019. My work has been undertaken solely to prepare for your approval the financial statements of Patovi Energy Limited and state those matters that we have agreed to state to the board of directors of Patovi Energy Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Patovi Energy Limited and its board of directors as a body for my work or for this report.
It is your duty to ensure that Patovi Energy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Patovi Energy Limited. You consider that Patovi Energy Limited is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Patovi Energy Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Murphy Collins Limited
Sovereign House
82 West Street
Rochford
Essex
SS4 1AS
28 April 2026
Patovi Energy Limited
Statement of financial position
31 March 2026

|  |  | 2026 |  |  |  | 2025 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 7 | 3,118 |  |  |  | 4,793 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 3,118 |  |  |  | 4,793
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 8 | 11,428 |  |  |  | 1,940 |  |
Cash at bank and in hand |  |  | 151,157 |  |  |  | 156,836 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 162,585 |  |  |  | 158,776 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 9 | ( 68,812) |  |  |  | ( 45,302) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 93,773 |  |  |  | 113,474
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 96,891 |  |  |  | 118,267
Provisions for liabilities |  | 10 |  |  | ( 779) |  |  |  | ( 1,198)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 96,112 |  |  |  | 117,069
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  | 96,012 |  |  |  | 116,969
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 96,112 |  |  |  | 117,069
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 28 April 2026 , and are signed on behalf of the board by:
Dr Stefan Schmitz
Director
Company registration number: 07286202
Patovi Energy Limited
Statement of changes in equity
Year ended 31 March 2026

|  | Called up share capital |  | Profit and loss account | Total |  |  |  |  |
|  | £ |  | £ | £ |  |  |  |  |
At 1 April 2024 |  | 100 |  | 92,348 | 92,448 |  |  |  |  |
Profit for the year |  |  |  | 95,621 | 95,621 |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
Total comprehensive income for the year |  | - |  | 95,621 | 95,621 |  |  |  |  |
Dividends paid and payable |  |  |  | ( 71,000) | ( 71,000) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
Total investments by and distributions to owners |  | - |  | ( 71,000) | ( 71,000) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
At 31 March 2025 and 1 April 2025 |  | 100 |  | 116,969 | 117,069 |  |  |  |  |
Profit for the year |  |  |  | 58,043 | 58,043 |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
Total comprehensive income for the year |  | - |  | 58,043 | 58,043 |  |  |  |  |
Dividends paid and payable |  |  |  | ( 79,000) | ( 79,000) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
Total investments by and distributions to owners |  | - |  | ( 79,000) | ( 79,000) |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |
At 31 March 2026 |  | 100 |  | 96,012 | 96,112 |  |  |  |  |
|  | _______ |  | _______ | _______ |  |  |  |  |

Patovi Energy Limited
Notes to the financial statements
Year ended 31 March 2026
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 1 Theydon Bower, Bower Hill, Epping, Essex, CM16 7AB.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.
Turnover
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.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
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:

| Fittings fixtures and equipment | - | 20 % | straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
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. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
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. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Staff costs
The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).
The aggregate payroll costs incurred during the year were:

|  |  | 2026 | 2025
|  |  | £ | £
| Wages and salaries |  | 25,200 | 25,200
| Other pension costs |  | 24,000 | 26,000
|  |  | _______ | _______
|  |  | 49,200 | 51,200
|  |  | _______ | _______

5. Tax on profit
Major components of tax expense

|  |  | 2026 | 2025
|  |  | £ | £
| Current tax: |  |  |
| UK current tax expense |  | 16,547 | 29,188
|  |  | _______ | _______
| Deferred tax: |  |  |
| Origination and reversal of timing differences |  | ( 419) | 327
|  |  | _______ | _______
| Tax on profit |  | 16,128 | 29,515
|  |  | _______ | _______

6. Dividends
Equity dividends

|  |  | 2026 | 2025
|  |  | £ | £
| Dividends paid during the year (excluding those for which a liability existed at the end of the prior year) |  | 79,000 | 71,000
|  |  | _______ | _______

7. Tangible assets

|  | Fixtures, fittings and equipment | Total |  |  |  |  |
|  | £ | £ |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 April 2025 and 31 March 2026 | 8,389 | 8,389 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 April 2025 | 3,596 | 3,596 |  |  |  |  |
| Charge for the year | 1,675 | 1,675 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| At 31 March 2026 | 5,271 | 5,271 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 31 March 2026 | 3,118 | 3,118 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |
| At 31 March 2025 | 4,793 | 4,793 |  |  |  |  |
|  | _______ | _______ |  |  |  |  |

8. Debtors

|  |  | 2026 | 2025
|  |  | £ | £
| Trade debtors |  | 8,000 | -
| Other debtors |  | 3,428 | 1,940
|  |  | _______ | _______
|  |  | 11,428 | 1,940
|  |  | _______ | _______

9. Creditors: amounts falling due within one year

|  |  | 2026 | 2025
|  |  | £ | £
| Corporation tax |  | 16,547 | 29,188
| Social security and other taxes |  | 8,615 | 3,765
| Other creditors |  | 43,650 | 12,349
|  |  | _______ | _______
|  |  | 68,812 | 45,302
|  |  | _______ | _______

10. Provisions

|  | Deferred tax (note 11) | Total |  |  |
|  | £ | £ |  |  |
| At 1 April 2025 | 1,198 | 1,198 |  |  |
| Charges against provisions | ( 419) | ( 419) |  |  |
|  | _______ | _______ |  |  |
| At 31 March 2026 | 779 | 779 |  |  |
|  | _______ | _______ |  |  |

11. Deferred tax
The deferred tax included in the statement of financial position is as follows:

|  |  | 2026 | 2025
|  |  | £ | £
| Included in provisions (note 10) |  | 779 | 1,198
|  |  | _______ | _______

The deferred tax account consists of the tax effect of timing differences in respect of:

|  |  | 2026 | 2025
|  |  | £ | £
| Accelerated capital allowances |  | 779 | 1,198
|  |  | _______ | _______

12. Directors advances, credits and guarantees

| During the year the directors entered into the following advances and credits with the company: |  |  |  |  |  |
2026 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the directors | Balance o/standing |  |  |
|  | £ | £ | £ |  |  |
| Dr Stefan Schmitz | ( 489) | ( 194) | ( 683) |  |  |
|  | _______ | _______ | _______ |  |  |
2025 |  |  |  |  |  |  |
|  | Balance brought forward | Advances /(credits) to the directors | Balance o/standing |  |  |
|  | £ | £ | £ |  |  |
| Dr Stefan Schmitz | ( 854) | 365 | ( 489) |  |  |
|  | _______ | _______ | _______ |  |  |