PANDION MANAGEMENT LTD

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 11654271

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		428		581
Investment Properties	6		284,980		270,000

			285,408		270,581
CURRENT ASSETS
Debtors	7	595		409
Cash at bank and in hand		83,629		47,984

		84,224		48,393
Creditors: Amounts Falling Due Within One Year	8	(300,475 )		(258,052 )

NET CURRENT ASSETS (LIABILITIES)			(216,251 )		(209,659 )

TOTAL ASSETS LESS CURRENT LIABILITIES			69,157		60,922

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,866 )		(8,314 )

NET ASSETS			62,291		52,608

CAPITAL AND RESERVES
Called up share capital	9		100		100
Income Statement			62,191		52,508

SHAREHOLDERS' FUNDS			62,291		52,608

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PANDION MANAGEMENT LTD

Statement of Financial Position (continued)

As At 30 November 2025

For the year ending 30 November 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

F Chew

Director

30 June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PANDION MANAGEMENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11654271 . The registered office is 143 Station Road, Hampton, Middlesex, TW12 2AL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are business know how. It is amortised to the income statement over its estimated economic life of five years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% on cost
Computer Equipment	Straight line over 3 years

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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PANDION MANAGEMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 December 2024	11,130

As at 30 November 2025	11,130

Amortisation
As at 1 December 2024	11,130

As at 30 November 2025	11,130

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	1,134	871	2,005
Additions	-	207	207

As at 30 November 2025	1,134	1,078	2,212

Depreciation
As at 1 December 2024	1,134	290	1,424
Provided during the period	-	360	360

As at 30 November 2025	1,134	650	1,784

Net Book Value
As at 30 November 2025	-	428	428

As at 1 December 2024	-	581	581

6. Investment Property

	2025
	£
Fair Value
As at 1 December 2024	270,000
Additions	79,980
Disposals	(65,000 )

As at 30 November 2025	284,980

Fair value at 30 November 2025 is represented by:

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PANDION MANAGEMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

	£
Cost	248,846
Valuation in 2024	36,134
	284,980

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	595	409

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	1,950
Other creditors	296,720	254,783
Taxation and social security	3,755	1,319

	300,475	258,052

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Reserves

	Income Statement
	£
As at 1 December 2024	52,508
Profit for the year and total comprehensive income	9,683

As at 30 November 2025	62,191

Included in reserves is an amount of £29,268 which is not distributable, it relates to the revaluation of the investment property less the deferred tax effects.

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