Pardesi Subs Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13720005 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

PARDESI SUBS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Guiseppi Singh Dulay

REGISTERED OFFICE:

219 New Birmingham Road

Tividale

Oldbury

West Midlands

B69 2JY

REGISTERED NUMBER:

13720005 (England and Wales)

ACCOUNTANTS:

Ark&Co Ltd

Chartered Accountants & Chartered Tax Advisers

The Maltings

2 Anderson Rd

Bearwood

Birmingham

West Midlands

B66 4AR

FIXED ASSETS

Intangible assets

4

115,000

Tangible assets

5

69,299

77,051

184,299

192,051

CURRENT ASSETS

Stocks

3,075

3,155

Debtors

6

4,321

4,516

Cash at bank and in hand

9,981

13,583

17,377

21,254

CREDITORS

Amounts falling due within one
year

7

153,076

143,601

NET CURRENT LIABILITIES

(135,699

)

(122,347

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

48,600

69,704

CREDITORS

Amounts falling due after more
than one year

8

34,318

60,426

NET ASSETS

14,282

9,278

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

14,281

9,277

14,282

9,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 17 August 2026 and were signed by:

Mr Guiseppi Singh Dulay - Director

1.	STATUTORY INFORMATION

Pardesi Subs 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

not provided

Plant and machinery

-

15% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

115,000

NET BOOK VALUE

At 30 November 2025

115,000

At 30 November 2024

115,000

5.	TANGIBLE FIXED ASSETS

Short

Plant and

leasehold

machinery

Totals

£

COST

At 1 December 2024

17,288

77,910

95,198

Additions

-

1,426

At 30 November 2025

17,288

79,336

96,624

DEPRECIATION

At 1 December 2024

-

18,147

Charge for year

-

9,178

At 30 November 2025

-

27,325

NET BOOK VALUE

At 30 November 2025

17,288

52,011

69,299

At 30 November 2024

17,288

59,763

77,051

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade debtors

1,321

1,516

Prepayments

3,000

4,321

4,516

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

Trade & other creditors

37,007

26,366

Social security and other
taxes

1,029

2,715

Net Wages Control

3,492

3,414

VAT

4,988

5,691

Directors' current accounts

104,415

103,915

Accrued expenses

2,145

1,500

153,076

143,601

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.11.25

30.11.24

£

Hire purchase contracts

3,960

5,471

Intercompany loan

30,358

54,955

34,318

60,426

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

3,960

5,471