PATRICK & CURRY LTD


Directors	CURRY, Lee
	CURRY, Robert
	TURLEY, Patrick Eric


Registered Address	65 65 Tantallon
	Birtley
	Chester Le Street
	DH3 2JG


Registered Number	12337234 (England and Wales)

Balance Sheet as at
29 November 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	4		160,000		153,000
			160,000		153,000
Current assets
Debtors		-		600
Cash at bank and on hand		17,431		6,785
		17,431		7,385
Creditors amounts falling due within one year		(46,378)		(48,889)
Net current assets (liabilities)			(28,947)		(41,504)
Total assets less current liabilities			131,053		111,496
Creditors amounts falling due after one year			(83,751)		(83,751)
Provisions for liabilities			(8,540)		(5,271)
Net assets			38,762		22,474
Capital and reserves
Called up share capital			4		4
Revaluation reserve			36,405		30,735
Profit and loss account			2,353		(8,265)
Shareholders' funds			38,762		22,474

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 26 August 2026, and are signed on its behalf by:

CURRY, Lee
Director

CURRY, Robert
Director

TURLEY, Patrick Eric
Director

Registered Company No. 12337234

PATRICK & CURRY LTD

Notes to the Financial Statements
for the year ended 29 November 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
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Investment property


		£
	Fair value at 30 November 24	153,000
	Fair value adjustments	7,000
	At 29 November 25	160,000