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Panache Ventures Ltd

Unaudited financial statements for the year ended 30 September 2025


Company information

Panache Ventures Ltd is a private company limited by shares, registered in England and Wales, registered number 12910528.

The company's registered office is: 10a Glebe Close, Hemel Hempstead, HP3 9PA, United Kingdom.

Balance Sheet

as at 30 September 2025

2025 2024
£ £
Fixed assets 380,000.00 380,000.00
Current assets 21,986.37 11,162.13
Creditors: amounts falling due within one year (125,431.57) (111,666.61)
Net current assets / (liabilities) (103,445.20) (100,504.48)
Total assets less current liabilities 276,554.80 279,495.52
Creditors: amounts falling due after more than one year (284,965.00) (284,965.00)
Net assets (8,410.20) (5,469.48)
Capital and reserves (8,410.20) (5,469.48)

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.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

Jay Parikh
26 June 2026

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 0 (2024: 0).

  2. Director Advances Credits Note

    During the year, the company had an outstanding loan balance owed to the directors, Jay Parikh and Nupur Parikh. The balance at the year-end was £115,837. Interest has been charged at 4% per annum on the outstanding balance. The maximum balance outstanding during the year was £115,837.

  3. Director Guarantees Note

    The directors have provided a personal guarantee in respect of the company's mortgage liability of £290,700 as at 30/09/2025.