PAN European Networks Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07652562 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

PAN European Networks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G P Warrender

REGISTERED OFFICE:

Unit RS4, Riverside

Mountbatten Way

Congleton

Cheshire

CW12 1DY

REGISTERED NUMBER:

07652562 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Tangible assets

4

3,444

324,115

CURRENT ASSETS

Debtors

5

325,486

230,605

Cash at bank

7,832

-

333,318

230,605

CREDITORS

Amounts falling due within one year

6

371,289

684,211

NET CURRENT LIABILITIES

(37,971

)

(453,606

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(34,527

)

(129,491

)

PROVISIONS FOR LIABILITIES

861

2,267

NET LIABILITIES

(35,388

)

(131,758

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(35,389

)

(131,759

)

SHAREHOLDERS' FUNDS

(35,388

)

(131,758

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 June 2026 and were signed by:

G P Warrender - Director

1.	STATUTORY INFORMATION

PAN European Networks Limited is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits

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.

Going concern

The director has considered the financial position of the company and continues to adopt the going concern

basis in preparing the financial statements on the basis that the company will continue to be supported by group companies.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2025

314,475

179,634

494,109

Additions

-

798

Disposals

(314,475

)

(1,450

)

(315,925

)

At 31 December 2025

-

178,982

DEPRECIATION

At 1 January 2025

-

169,994

Charge for year

-

6,994

Eliminated on disposal

-

(1,450

)

(1,450

)

At 31 December 2025

-

175,538

NET BOOK VALUE

At 31 December 2025

-

3,444

At 31 December 2024

314,475

9,640

324,115

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

128,293

50,466

Other debtors

197,193

180,139

325,486

230,605

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

-

347,607

Trade creditors

16,095

9,073

Amounts owed to group undertakings

85,167

25,000

Taxation and social security

258,975

291,118

Other creditors

11,052

11,413

371,289

684,211

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank loans

-

335,582

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

G P Warrender

Balance outstanding at start of year

13,090

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

13,090

9.	RELATED PARTY DISCLOSURES

At 31 December 2025 the company owed £85,167 (2024: £25,000) to Adjacent Digital Politics Ltd, a company under common control.

The amount is repayable on demand.

At 31 December 2025 the company was owed £115,475 (2024: £111,931) by M Wilson.

Interest is charged at 3.75% per annum.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Wilson.