1 November 2024 false No description of principal activity Taxfiler 2024.6 10452745 business:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10452745 2024-10-31 10452745 2024-11-01 2025-10-31 10452745 business:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 10452745 business:FilletedAccounts 2024-11-01 2025-10-31 10452745 2025-10-31 10452745 business:Director1 2024-11-01 2025-10-31 10452745 business:Director2 2024-11-01 2025-10-31 10452745 business:RegisteredOffice 2024-11-01 2025-10-31 10452745 2024-10-31 10452745 core:WithinOneYear 2025-10-31 10452745 core:WithinOneYear 2024-10-31 10452745 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 10452745 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 10452745 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 10452745 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 10452745 core:PreviouslyStatedAmount 2025-10-31 10452745 core:PreviouslyStatedAmount 2024-10-31 10452745 business:SmallEntities 2024-11-01 2025-10-31 10452745 countries:EnglandWales 2024-11-01 2025-10-31 10452745 core:PlantMachinery 2024-11-01 2025-10-31 10452745 core:FurnitureFittings 2024-11-01 2025-10-31 10452745 core:PlantMachinery 2024-10-31 10452745 core:FurnitureFittings 2024-10-31 10452745 core:PlantMachinery 2025-10-31 10452745 core:FurnitureFittings 2025-10-31 10452745 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 10452745 (England and Wales)
PATRIUM LTD Unaudited accounts for the year ended 31 October 2025
PATRIUM LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PATRIUM LTD Company Information for the year ended 31 October 2025
Directors
SIMEON COURTIE JILLIAN MOODY
Company Number
10452745 (England and Wales)
Registered Office
CORNER COTTAGE EAST STREET BODICOTE BANBURY OX15 4DN UNITED KINGDOM
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PATRIUM LTD Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
589
1,016
Investment property
5
95,000
95,000
95,589
96,016
Current assets
Cash at bank and in hand
13,896
11,888
Creditors: amounts falling due within one year
6
(114,380)
(91,981)
Net current liabilities
(100,484)
(80,093)
Net (liabilities)/assets
(4,895)
15,923
Capital and reserves
Called up share capital
1
1
Profit and loss account
(4,896)
15,922
Shareholders' funds
(4,895)
15,923
For the year ending 31 October 2025 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 5 June 2026 and were signed on its behalf by
SIMEON COURTIE Director Company Registration No. 10452745
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PATRIUM LTD Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
PATRIUM LTD is a private company, limited by shares, registered in England and Wales, registration number 10452745. The registered office is CORNER COTTAGE EAST STREET, BODICOTE, BANBURY, OX15 4DN, UNITED KINGDOM.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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:
Plant & machinery
Depreciation charged @ 15% straight line method
Fixtures & fittings
Depreciation charged @ 15% straight line method
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PATRIUM LTD Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2024
839
2,611
3,450
At 31 October 2025
839
2,611
3,450
Depreciation
At 1 November 2024
804
1,630
2,434
Charge for the year
35
392
427
At 31 October 2025
839
2,022
2,861
Net book value
At 31 October 2025
-
589
589
At 31 October 2024
35
981
1,016
5
Investment property
2025
£
Fair value at 1 November 2024
95,000
At 31 October 2025
95,000
Properties valued at the time of purchase by the mortgage lender Property 1 - £95,000 Property 2 - £122,500 initial value/cost at the time of purchase in Oct 2018 Total of Property 1& Property 2 - £217,500 Property 2 was sold in Aug 2023 for £170,000 Profit on Property 2 is £47,500 which has been shown as Income from Investments in the accounts.
6
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
113,523
91,124
Accruals
857
857
114,380
91,981
7
Transactions with related parties
The directors together have loaned an amount of £82,832 to the company for the purchase of the property.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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