Patterson Construction Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01939158

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		56,776		54,734

			56,776		54,734
CURRENT ASSETS
Stocks	5	2,358,781		1,068,598
Debtors	6	2,519,186		2,303,937
Cash at bank and in hand		408,448		1,496,399

		5,286,415		4,868,934
Creditors: Amounts Falling Due Within One Year	7	(741,454 )		(331,923 )

NET CURRENT ASSETS (LIABILITIES)			4,544,961		4,537,011

TOTAL ASSETS LESS CURRENT LIABILITIES			4,601,737		4,591,745

NET ASSETS			4,601,737		4,591,745

CAPITAL AND RESERVES
Called up share capital	8		102		100
Profit and Loss Account			4,601,635		4,591,645

SHAREHOLDERS' FUNDS			4,601,737		4,591,745

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Patterson Construction Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr V P Patterson

Director

29/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Patterson Construction Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01939158 . The registered office is Patterson House 1-2 Canalside, Trumpers Way, London, W7 2BD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

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

2.3. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

2.4. Leasing and Hire Purchase Contracts

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

2.5. Stocks and Work in Progress

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.5. Deferred Tax

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Patterson Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.7. Pensions

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 8)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	109,686	30,807	84,474	224,967
Additions	6,931	7,137	2,737	16,805

As at 31 August 2025	116,617	37,944	87,211	241,772

Depreciation
As at 1 September 2024	73,458	27,140	69,635	170,233
Provided during the period	9,490	1,183	4,090	14,763

As at 31 August 2025	82,948	28,323	73,725	184,996

Net Book Value
As at 31 August 2025	33,669	9,621	13,486	56,776

As at 1 September 2024	36,228	3,667	14,839	54,734

5. Stocks

	2025	2024
	£	£
Work in progress	2,358,781	1,068,598

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	788,169	323,345
Prepayments and accrued income	45,812	42,774
Corporation tax recoverable assets	177,665	437,778

	1,011,646	803,897
Due after more than one year
Amounts owed by group undertakings	1,507,540	1,500,040

	2,519,186	2,303,937

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Patterson Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	400,229	187,631
Corporation tax	31,469	30,673
Other taxes and social security	16,177	11,343
VAT	62,010	25,602
Nest pension creditor	956	716
Credit card	6,500	-
Accruals and deferred income	194,753	75,958
Director's loan account	24,998	-
Amounts owed to group undertakings	4,362	-

	741,454	331,923

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	102	100

9. Related Party Transactions

Patterson Contracts Limited

During the year, the company invoiced Patterson Contracts Limited, a company which Mr V Patterson is also a director of, £166,784 (2024 - £138,200) for management charges.

During the year, the company purchased equipment hire from Patterson Contracts Limited totalling £111,402 (2024 - £187,163).

At the year end, the company owed £4,362 (2024 - £Nil) to Patterson Contracts Limited. This loan is interest free and repayable on demand.

At the year end, the company was owed £200,141 (2024 : £Nil) from Patterson Contracts Limited. This balance is

included within trade debtors.

At the year end, the company owed £104,932 (2024 : £16,475) to Patterson Contracts Limited. This balance is

included within trade creditors.

Patterson Family Partnership LLP

The company paid rent to Patterson Family Partnership LLP, which Mr V Patterson is a member of totalling £31,780 (2024 - £29,820).

At the year, the company had an outstanding loan to Patterson Family Partnership of £1,507,540 (2024 - £1,500,040).

Interest has been charged on this loan totalling £7,500 (2024 - £7,463) during the year.

10. Ultimate Controlling Party

The company's ultimate controlling party is Mr V Patterson by virtue of his shareholding in the company.

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