REGISTERED NUMBER: 09380568

Report of the Director and

Unaudited Financial Statements for the Period 1 August 2024 to 30 April 2025

for

Patara Ventures Ltd

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

D Bush

SECRETARY:

REGISTERED OFFICE:

First Floor

9A, Magazine B, Ordnance Yard

Upnor Road, Lower Upnor

Rochester

Kent

ME2 4UY

REGISTERED NUMBER:

09380568

ACCOUNTANTS:

I.B.C.

First Floor, 9A, Magazine B,

Ordnance Yard, Upnor Road,

Lower Upnor,

Rochester

Kent

ME2 4UY

The director presents his report with the financial statements of the company for the period 1 August 2024 to 30 April 2025.

DIRECTOR

D Bush held office during the whole of the period from 1 August 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

D Bush - Director

27 May 2026

TURNOVER

6,220

-

Administrative expenses

1,778

2,117

OPERATING PROFIT/(LOSS) and

PROFIT/(LOSS) BEFORE TAXATION

4,442

(2,117

)

Tax on profit/(loss)

442

-

PROFIT/(LOSS) FOR THE FINANCIAL PERIOD

4,000

(2,117

)

FIXED ASSETS

Investments

4

64

64

CURRENT ASSETS

Cash at bank

1

13

CREDITORS

Amounts falling due within one year

5

(1,024

)

(79

)

NET CURRENT ASSETS

1,025

92

TOTAL ASSETS LESS CURRENT LIABILITIES

1,089

156

CREDITORS

Amounts falling due after more than one year

6

42,204

45,271

NET LIABILITIES

(41,115

)

(45,115

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(41,116

)

(45,116

)

SHAREHOLDERS' FUNDS

(41,115

)

(45,115

)

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 27 May 2026 and were signed by:

D Bush - Director

1.	STATUTORY INFORMATION

Patara Ventures Ltd is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

30.4.25

31.7.24

£

£

Formation Costs

64

64

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

31.7.24

£

£

Sundry Loans

(5,526

)

(5,526

)

Trade creditors

(1

)

(1

)

Tax

442

-

Directors' loan accounts

3,161

4,548

Accruals and deferred income

900

900

(1,024

)

(79

)

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

31.7.24

£

£

BBLS

42,204

45,271

30.4.25

31.7.24

£

£

Amounts falling due in more than five years:

Repayable by instalments

BBLS

42,204

45,271