REGISTERED NUMBER: 01856276 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Patten Brothers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A G Patten

REGISTERED OFFICE:

3 Landmark House

Wirral Park Road

Glastonbury

Somerset

BA6 9FR

REGISTERED NUMBER:

01856276 (England and Wales)

BANKERS:

Lloyds TSB

2 Market Street

Crewkerne

Somerset

TA187JZ

FIXED ASSETS

Investments

4

582,445

509,820

CURRENT ASSETS

Cash at bank

13,920

19,465

CREDITORS

Amounts falling due within one year

5

6,557

10,345

NET CURRENT ASSETS

7,363

9,120

TOTAL ASSETS LESS CURRENT LIABILITIES

589,808

518,940

PROVISIONS FOR LIABILITIES

45,468

-

NET ASSETS

544,340

518,940

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Revaluation reserve

6

181,874

120,805

Retained earnings

352,466

388,135

SHAREHOLDERS' FUNDS

544,340

518,940

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 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 12 August 2026 and were signed by:

A G Patten - Director

1.	STATUTORY INFORMATION

Patten Brothers Limited 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 (£).

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 as modified by the revaluation of certain assets.

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.

Provisions for liabilities

Deferred tax is calculated on the excess of the valuation of investments over their cost.

Revenue recognition

Interest income, including income arising from finance leases and other financial instruments, is recognised using the effective interest method.

Dividend income is recognised when the right to receive payment is established.

Valuation of investments

Investments are included in the financial statements at their market values as at the reporting date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 November 2024

509,820

Additions

112,969

Disposals

(119,444

)

Revaluations

79,100

At 31 October 2025

582,445

NET BOOK VALUE

At 31 October 2025

582,445

At 31 October 2024

509,820

Cost or valuation at 31 October 2025 is represented by:

Other

investments

£

Valuation in 2025

181,874

Cost

400,571

582,445

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

400,571

389,015

Fixed asset investments were valued on an open market basis on 31 October 2025 by Brooks Macdonald Asset Management Ltd .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

1,280

4,977

Directors' current accounts

3,387

3,663

Accrued expenses

1,890

1,705

6,557

10,345

6.

RESERVES

Revaluation

reserve

£

At 1 November 2024

120,805

Transfer to reserve

61,069

At 31 October 2025

181,874