0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-11-01 Sage Accounts Production Advanced 2025 - FRS102_2025 xbrli:pure xbrli:shares iso4217:GBP 03859678 2024-11-01 2025-10-31 03859678 2025-10-31 03859678 2024-10-31 03859678 2023-11-01 2024-10-31 03859678 2024-10-31 03859678 2023-10-31 03859678 core:LandBuildings core:LongLeaseholdAssets 2024-11-01 2025-10-31 03859678 bus:Director1 2024-11-01 2025-10-31 03859678 core:LandBuildings core:LongLeaseholdAssets 2024-10-31 03859678 core:FurnitureFittings 2024-10-31 03859678 core:LandBuildings core:LongLeaseholdAssets 2025-10-31 03859678 core:FurnitureFittings 2025-10-31 03859678 core:WithinOneYear 2025-10-31 03859678 core:WithinOneYear 2024-10-31 03859678 core:AfterOneYear 2025-10-31 03859678 core:AfterOneYear 2024-10-31 03859678 core:ShareCapital 2025-10-31 03859678 core:ShareCapital 2024-10-31 03859678 core:RetainedEarningsAccumulatedLosses 2025-10-31 03859678 core:RetainedEarningsAccumulatedLosses 2024-10-31 03859678 core:FurnitureFittings 2024-11-01 2025-10-31 03859678 core:LandBuildings core:LongLeaseholdAssets 2024-10-31 03859678 bus:SmallEntities 2024-11-01 2025-10-31 03859678 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 03859678 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 03859678 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 03859678 bus:FullAccounts 2024-11-01 2025-10-31
COMPANY REGISTRATION NUMBER: 03859678

Piranie Enterprise Limited

Filleted Unaudited Financial Statements

31 October 2025

Piranie Enterprise Limited

Statement of Financial Position

31 October 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 4 |  | 19,141 | 19,750

Current assets

Stocks | 15,125 |  | 15,125
Debtors | 5 | 20,000 |  | 20,000
Cash at bank and in hand | 2 |  | 1,706
| -------- |  | --------
| 35,127 |  | 36,831

Creditors: amounts falling due within one year | 6 | 156,758 |  | 136,964
| --------- |  | ---------
Net current liabilities |  | 121,631 | 100,133
|  | --------- | ---------
Total assets less current liabilities |  | ( 102,490) | ( 80,383)

Creditors: amounts falling due after more than one year | 7 |  | 26,915 | 34,731
|  | --------- | ---------
Net liabilities |  | ( 129,405) | ( 115,114)
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | ( 129,505) | ( 115,214)
|  | --------- | ---------
Shareholders deficit |  | ( 129,405) | ( 115,114)
|  | --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Piranie Enterprise Limited

Statement of Financial Position (continued)

31 October 2025
These financial statements were approved by the board of directors and authorised for issue on 23 July 2026 , and are signed on behalf of the board by:

Mr M H M Piranie |
Director |

Company registration number: 03859678

Piranie Enterprise Limited

Notes to the Financial Statements

Year ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Mill, 9 Soar Lane, Leicester, LE3 5DE.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
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:

| Leasehold Property | - | 2% straight line
| Fixtures & Fittings | - | 15% - 25% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible assets

| Long leasehold property | Fixtures and fittings | Total
| £ | £ | £
Cost |  |  |
At 1 November 2024 and 31 October 2025 | 30,441 | 66,811 | 97,252
| -------- | -------- | --------
Depreciation |  |  |
At 1 November 2024 | 10,691 | 66,811 | 77,502
Charge for the year | 609 | – | 609
| -------- | -------- | --------
At 31 October 2025 | 11,300 | 66,811 | 78,111
| -------- | -------- | --------
Carrying amount |  |  |
At 31 October 2025 | 19,141 | – | 19,141
| -------- | -------- | --------
At 31 October 2024 | 19,750 | – | 19,750
| -------- | -------- | --------

5. Debtors

| 2025 | 2024
| £ | £
Other debtors | 20,000 | 20,000
| -------- | --------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 24,798 | 24,792
Trade creditors | 42,102 | 42,103
Social security and other taxes | 2,816 | 3,181
Other creditors | 87,042 | 66,888
| --------- | ---------
| 156,758 | 136,964
| --------- | ---------

7. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 26,915 | 34,731
| -------- | --------

8. Going concern
At 31 October 2025 the company's liabilities exceed its assets by £102,490 (2024: £80,383). However, the directors confirm that they will continue to financially support the company to enable it to continue trading for the foreseeable future and so they have prepared the financial statements on going concern basis which they consider appropriate.
9. Director's advances, credits and guarantees
At the year end the director was owed £85,042 (2024: £64,368) by the company.
10. Related party transactions
The company provided interest free loan to related party amounting £10,000 (2024: £10,000).