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REGISTERED NUMBER: 13462343 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

The Patera Project Ltd

| The Patera Project Ltd (Registered number: 13462343) |

Contents of the Financial Statements

For The Year Ended 31 March 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| The Patera Project Ltd |

Company Information

For The Year Ended 31 March 2025

| DIRECTOR: | N J Hartwright

| REGISTERED OFFICE: | The Factory Project Ltd

| 4 Thameside Industrial Estate

| London

| E16 2HB

| REGISTERED NUMBER: | 13462343 (England and Wales)

| ACCOUNTANTS: | Fuller Spurling

| Mill House

| 58 Guildford Street

| Chertsey

| Surrey

| KT16 9BE

| The Patera Project Ltd (Registered number: 13462343) |

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 5,471 |  | - |  |

CURRENT ASSETS

Debtors | 5 | 343,282 |  | - |  |

Cash at bank and in hand | 9,180 |  | - |  |

352,462 |  | - |  |

CREDITORS

Amounts falling due within one year | 6 | 369,112 |  | - |  |

NET CURRENT LIABILITIES | (16,650 | ) | - |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (11,179 | ) | - |  |

RESERVES

Retained earnings | (11,179 | ) | - |  |

(11,179 | ) | - |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 6 July 2026 and were signed by:

N J Hartwright - Director

| The Patera Project Ltd (Registered number: 13462343) |

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| The Patera Project Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 and is recognised as services are provided. Where invoices are issued which cover a period which extends beyond the year end, the relevant proportion is credited to the income statement for the period and the amount in advance is carried forward in creditors.

| Tangible fixed assets

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

| Motor vehicles | - | 25% 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.

| Hire purchase and leasing commitments

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

| The Patera Project Ltd (Registered number: 13462343) |

Notes to the Financial Statements - continued

For The Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| Debtors

| Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

| Cash at bank and in hand

| Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

| Creditors

| Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Motor

| vehicles

£ |

| COST

| Additions | 7,295 |  |

| At 31 March 2025 | 7,295 |  |

| DEPRECIATION

| Charge for year | 1,824 |  |

| At 31 March 2025 | 1,824 |  |

| NET BOOK VALUE

| At 31 March 2025 | 5,471 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 8,298 |  | - |  |

| Other debtors | 334,984 |  | - |  |

343,282 |  | - |  |

| The Patera Project Ltd (Registered number: 13462343) |

Notes to the Financial Statements - continued

For The Year Ended 31 March 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 225,205 |  | - |  |

| VAT | 6,625 |  | - |  |

| Other creditors | 11,948 |  | - |  |

| Directors' current accounts | 23 |  | - |  |

| Accruals and deferred income | 125,311 |  | - |  |

369,112 |  | - |  |

7. | OTHER FINANCIAL COMMITMENTS

| At 31st March 2025, the company had commitments under non-cancellable operating leases over the remaining life of those leases of £145,833.