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Company Registration No. 11750802 (England and Wales)
Panoramic Services Limited Unaudited accounts for the year ended 30 March 2026
Panoramic Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Panoramic Services Limited Company Information for the year ended 30 March 2026
Directors
G M Krasner B B Smith
Company Number
11750802 (England and Wales)
Registered Office
PANORAMIC HOUSE UNIT 4 BANKSIDE THE WATERMARK GATESHEAD NE11 9SY ENGLAND
Accountants
Craven Professional Solutions 126 Monkswell House Manse Lane Knaresborough North Yorkshire HG5 8NQ
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Panoramic Services Limited Statement of financial position as at 30 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
-
29,952
Current assets
Debtors
5
16,073
2,683
Cash at bank and in hand
73
3,555
16,146
6,238
Creditors: amounts falling due within one year
6
(450,064)
(436,581)
Net current liabilities
(433,918)
(430,343)
Total assets less current liabilities
(433,918)
(400,391)
Creditors: amounts falling due after more than one year
7
(403,954)
(418,653)
Net liabilities
(837,872)
(819,044)
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
(837,972)
(819,144)
Shareholders' funds
(837,872)
(819,044)
For the year ending 30 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2026 and were signed on its behalf by
G M Krasner Director Company Registration No. 11750802
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Panoramic Services Limited Notes to the Accounts for the year ended 30 March 2026
1
Statutory information
Panoramic Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11750802. The registered office is PANORAMIC HOUSE UNIT 4 BANKSIDE, THE WATERMARK, GATESHEAD, NE11 9SY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% p.a. on cost
Plant & machinery
25% p.a. on cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
£
£
£
Cost or valuation
At cost
At cost
At 31 March 2025
47,614
12,655
60,269
Disposals
(47,614)
(12,655)
(60,269)
At 30 March 2026
-
-
-
Depreciation
At 31 March 2025
19,046
11,271
30,317
Charge for the year
7,142
566
7,708
On disposals
(26,188)
(11,837)
(38,025)
At 30 March 2026
-
-
-
Net book value
At 30 March 2026
-
-
-
At 30 March 2025
28,568
1,384
29,952
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Panoramic Services Limited Notes to the Accounts for the year ended 30 March 2026
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
16,073
-
Other debtors
-
2,683
16,073
2,683
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
73,111
55,894
Taxes and social security
46,778
45,545
Other creditors
200
5,467
Accruals
329,975
329,675
450,064
436,581
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
278,005
276,205
Loans from directors
125,949
142,448
403,954
418,653
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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