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Company Registration No. 10359252 (England and Wales)
Patel & Bhakta Limited Unaudited accounts for the year ended 30 September 2025
Patel & Bhakta Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Patel & Bhakta Limited Company Information for the year ended 30 September 2025
Director
Sadhana Patel
Company Number
10359252 (England and Wales)
Registered Office
47 Horseshoe Crescent Peatmoor Swindon SN5 5AX England
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Patel & Bhakta Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
62,546 
70,858 
Tangible assets
5
75,659 
78,223 
138,205 
149,081 
Current assets
Inventories
8,545 
7,560 
Debtors
6
474,032 
439,211 
Cash at bank and in hand
96,211 
104,294 
578,788 
551,065 
Creditors: amounts falling due within one year
7
(251,138)
(229,103)
Net current assets
327,650 
321,962 
Total assets less current liabilities
465,855 
471,043 
Creditors: amounts falling due after more than one year
8
(305,520)
(337,279)
Provisions for liabilities
Other provisions
(30,000)
(30,000)
Net assets
130,335 
103,764 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
130,235 
103,664 
Shareholders' funds
130,335 
103,764 
For the year ending 30 September 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 director acknowledges her 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 and authorised for issue on 23 June 2026 and were signed on its behalf by
Sadhana Patel Director Company Registration No. 10359252
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Patel & Bhakta Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Patel & Bhakta Limited is a private company, limited by shares, registered in England and Wales, registration number 10359252. The registered office is 47 Horseshoe Crescent, Peatmoor, Swindon, SN5 5AX, 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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Patel & Bhakta Limited Notes to the Accounts for the year ended 30 September 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2024
87,482 
At 30 September 2025
87,482 
Amortisation
At 1 October 2024
16,624 
Charge for the year
8,312 
At 30 September 2025
24,936 
Net book value
At 30 September 2025
62,546 
At 30 September 2024
70,858 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2024
825 
267,249 
1,698 
269,772 
Additions
- 
10,745 
- 
10,745 
At 30 September 2025
825 
277,994 
1,698 
280,517 
Depreciation
At 1 October 2024
97 
190,973 
479 
191,549 
Charge for the year
73 
13,053 
183 
13,309 
At 30 September 2025
170 
204,026 
662 
204,858 
Net book value
At 30 September 2025
655 
73,968 
1,036 
75,659 
At 30 September 2024
728 
76,276 
1,219 
78,223 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
474,032 
439,211 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
63,491 
63,491 
VAT
17,251 
24,278 
Trade creditors
38,017 
12,413 
Taxes and social security
20,949 
18,007 
Loans from directors
105,430 
104,914 
Accruals
6,000 
6,000 
251,138 
229,103 
- 6 -
Patel & Bhakta Limited Notes to the Accounts for the year ended 30 September 2025
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
138,308 
195,279 
Amounts owed to group undertakings and other participating interests
42,000 
42,000 
Other creditors
125,212 
100,000 
305,520 
337,279 
Other creditors include a long-term loan of £100,000 (2024: £100,000) from the director's daughter. This loan is unsecured and does not accrue interest. Included among the other debtors is a £474,032 (2024:£439,211) advance to Arjunli Ltd. Arjunli Ltd. is a related party by virtue of a common director holding 51% of the shares and the remaining 49% being held by the children of the director. The bank loan is unsecured, bearing interest at the rate of 11.40% p.a. and repayable in 7 years. Interest on the bank loan is charged to Arjunli Ltd.
9
Average number of employees
During the year the average number of employees was 11 (2024: 11).
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