PATANG LIMITED


Directors	A Tewary
	M Tewary
	S Tewary


Company Secretary	M Tewary


Registered Address	20 Lodge Road
	Walsall
	WS5 3JY


Registered Number	12060733 (England and Wales)

Statement of Financial Position
30 June 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,898		2,233
Investment property	4		860,286		860,286
			862,184		862,519
Current assets
Debtors	5	14,820		14,394
Cash at bank and on hand		7,070		3,528
		21,890		17,922
Creditors amounts falling due within one year	6	(518,267)		(514,973)
Net current assets (liabilities)			(496,377)		(497,051)
Total assets less current liabilities			365,807		365,468
Creditors amounts falling due after one year	7		(104,825)		(113,797)
Provisions for liabilities	8		(54,929)		(54,929)
Net assets			206,053		196,742
Capital and reserves
Called up share capital			100		100
Profit and loss account			205,953		196,642
Shareholders' funds			206,053		196,742

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 July 2026, and are signed on its behalf by:

A Tewary
Director
Registered Company No. 12060733

PATANG LIMITED

Notes to the Financial Statements
for the year ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	These financial statements have been prepared in compliance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Basis of preparation
	The financial statements have been prepared on the historical cost basis.

	Functional and presentation currency
	The financial statements are presented in sterling, which is the functional currency of the entity.

	Going concern
	The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine.  All these matters have impacted the company's trading results to a greater or lesser extent.  At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

	Revenue from sale of goods
	The revenue shown in the profit and loss account represents income receivable from the ownership of rental property.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the reporting date that are expected to apply to the reversal of the timing difference.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the reporting date that are expected to apply to the reversal of the timing difference.

	Tangible fixed assets and depreciation
	Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


		Reducing balance (%)
	Fixtures and fittings	15
	Office Equipment	15

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 July 24	2,030	1,949	3,979
At 30 June 25	2,030	1,949	3,979
Depreciation and impairment
At 01 July 24	863	883	1,746
Charge for year	175	160	335
At 30 June 25	1,038	1,043	2,081
Net book value
At 30 June 25	992	906	1,898
At 30 June 24	1,167	1,066	2,233

4.	Investment property


		£
	Fair value at 01 July 24	860,286
	At 30 June 25	860,286

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	14,820	14,394
Total	14,820	14,394

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	6,834	4,699
Other creditors	510,233	509,052
Accrued liabilities and deferred income	1,200	1,222
Total	518,267	514,973

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	104,825	113,797
Total	104,825	113,797

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	54,929	54,929
Total	54,929	54,929

9.	Related party transactions
	During the year the directors made available a loan to the Company. At the year end the balance of the loan was £510,233 (2024: £509,052) which is repayable upon demand.