Patterns and Plains Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 11387977 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

PATTERNS AND PLAINS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A J Howard

D Howard

REGISTERED OFFICE:

8 Leycester Road

Knutsford

WA16 8QR

REGISTERED NUMBER:

11387977 (England and Wales)

ACCOUNTANTS:

Michael Donnan & Co Limited

Oaktree Court Business Ctr

Mill Lane

Ness

Cheshire

CH64 8TP

FIXED ASSETS

Tangible assets

4

5,571

6,552

CURRENT ASSETS

Stocks

5

33,753

33,896

Debtors

6

1,725

3,093

Cash at bank

434

3,302

35,912

40,291

CREDITORS

Amounts falling due within one year

7

42,548

33,227

NET CURRENT (LIABILITIES)/ASSETS

(6,636

)

7,064

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,065

)

13,616

CREDITORS

Amounts falling due after more than
one year

8

3,384

9,652

NET (LIABILITIES)/ASSETS

(4,449

)

3,964

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

10

(4,451

)

3,962

SHAREHOLDERS' FUNDS

(4,449

)

3,964

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Mrs A J Howard - Director

1.	STATUTORY INFORMATION

Patterns and Plains Ltd 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.

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

Transactions are rounded to the nearest £.

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 represents sale of goods dispatched, 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.

Fixtures and fittings

-

at varying rates on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 November 2024

6,048

3,302

9,350

Additions

-

864

At 31 October 2025

6,048

4,166

10,214

DEPRECIATION

At 1 November 2024

1,337

1,461

2,798

Charge for year

893

952

1,845

At 31 October 2025

2,230

2,413

4,643

NET BOOK VALUE

At 31 October 2025

3,818

1,753

5,571

At 31 October 2024

4,711

1,841

6,552

5.

STOCKS

31/10/25

31/10/24

£

Stocks

33,753

33,896

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

Trade debtors

203

380

Other debtors

937

VAT

311

-

Prepayments

274

1,776

1,725

3,093

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

Bank loans and overdrafts

7,241

Trade creditors

5,848

6,648

VAT

-

1,129

Directors' current accounts

28,264

13,054

Accrued expenses

1,195

5,155

42,548

33,227

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31/10/25

31/10/24

£

Bank loans - 1-2 years

3,384

7,241

Bank loans - 2-5 years

-

2,411

3,384

9,652

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

2

Ordinary

£1

2

10.

RESERVES

Retained

earnings

£

At 1 November 2024

3,962

Deficit for the year

(8,413

)

At 31 October 2025

(4,451

)