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REGISTERED NUMBER: 04924751 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 NOVEMBER 2023 TO 30 APRIL 2025

FOR

PHATPOCKET LIMITED

PHATPOCKET LIMITED (REGISTERED NUMBER: 04924751)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2023 TO 30 APRIL 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

PHATPOCKET LIMITED

COMPANY INFORMATION

FOR THE PERIOD 1 NOVEMBER 2023 TO 30 APRIL 2025

| DIRECTOR: | S M Sherman

| REGISTERED OFFICE: | 67 Newland Street

| Witham

| Essex

| CM8 1AA

| REGISTERED NUMBER: | 04924751 (England and Wales)

| ACCOUNTANTS: | Wilson Devenish

| 67 Newland Street

| Witham

| Essex

| CM8 1AA

PHATPOCKET LIMITED (REGISTERED NUMBER: 04924751)

BALANCE SHEET

30 APRIL 2025

| 2025 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 2,475 |  | 4,230 |  |

CURRENT ASSETS

Stocks | 14,232 |  | 13,448 |  |

Debtors | 5 | 66,275 |  | 78,926 |  |

Cash in hand | 1,003,040 |  | 1,117,104 |  |

1,083,547 |  | 1,209,478 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,266,336 |  | 1,280,665 |  |

NET CURRENT LIABILITIES | (182,789 | ) | (71,187 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (180,314 | ) | (66,957 | ) |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | (181,314 | ) | (67,957 | ) |

SHAREHOLDERS' FUNDS | (180,314 | ) | (66,957 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2026 and were signed by:

S M Sherman - Director

PHATPOCKET LIMITED (REGISTERED NUMBER: 04924751)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2023 TO 30 APRIL 2025

1. | STATUTORY INFORMATION

| Phatpocket Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Taxation

| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PHATPOCKET LIMITED (REGISTERED NUMBER: 04924751)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1 NOVEMBER 2023 TO 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| Going concern

| The financial statements have been prepared on a going concern basis as the shareholders will ensure all liabilities are met for the foreseeable future.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 6 (2023 - 8 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |

| machinery |  | fittings |  | Totals

£ | £ | £ |

| COST

| At 1 November 2023

| and 30 April 2025 | 44,662 |  | 14,101 |  | 58,763 |  |

| DEPRECIATION

| At 1 November 2023 | 42,058 |  | 12,475 |  | 54,533 |  |

| Charge for period | 973 |  | 782 |  | 1,755 |  |

| At 30 April 2025 | 43,031 |  | 13,257 |  | 56,288 |  |

| NET BOOK VALUE

| At 30 April 2025 | 1,631 |  | 844 |  | 2,475 |  |

| At 31 October 2023 | 2,604 |  | 1,626 |  | 4,230 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2023 |

£ | £ |

| Trade debtors | 24,654 |  | 37,660 |  |

| Other debtors | 41,621 |  | 41,266 |  |

66,275 |  | 78,926 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2023 |

£ | £ |

| Trade creditors | 116,583 |  | 88,340 |  |

| Other creditors | 1,149,753 |  | 1,192,325 |  |

1,266,336 |  | 1,280,665 |  |