CRANBERRY PANDA 2.0 LIMITED


Directors	BAILEY, Curtis Robinson
	MIRSAMADI, Yasha
	SIMPSON, Shayne Liam


Registered Address	1 Vincent Avenue
	Crownhill
	Milton Keynes
	MK8 0AB


Registered Number	13556934 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		156		-
			156		-
Current assets
Debtors	4	132,981		354,930
Cash at bank and on hand		25,467		22,122
		158,448		377,052
Creditors amounts falling due within one year	5	(205,661)		(435,033)
Net current assets (liabilities)			(47,213)		(57,981)
Total assets less current liabilities			(47,057)		(57,981)
Net assets			(47,057)		(57,981)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(47,157)		(58,081)
Shareholders' funds			(47,057)		(57,981)

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 March 2026, and are signed on its behalf by:

BAILEY, Curtis Robinson
Director
Registered Company No. 13556934

CRANBERRY PANDA 2.0 LIMITED

Notes to the Financial Statements
for the year ended 31 December 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.

	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).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Office Equipment	2

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		4

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 January 25	5,443	5,443
Additions	250	250
At 31 December 25	5,693	5,693
Depreciation and impairment
At 01 January 25	5,443	5,443
Charge for year	94	94
At 31 December 25	5,537	5,537
Net book value
At 31 December 25	156	156
At 31 December 24	-	-

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	131,481	96,777
Amounts owed by group undertakings	-	252,343
Amounts owed by associates and joint ventures / participating interests	-	210
Other debtors	1,500	-
Prepayments and accrued income	-	5,600
Total	132,981	354,930

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	21,744	600
Bank borrowings and overdrafts	338	24,061
Amounts owed to related parties	67,865	300,833
Taxation and social security	93,247	96,321
Accrued liabilities and deferred income	22,467	13,218
Total	205,661	435,033

6.	Provisions for liabilities

7.	Related party transactions
	Included within Debtors is an amount of £100 (2024: £100) owed by Ascent International Group Limited, parent of this company. Included within Creditors is an amount of £67,865 (2024: £300,833) owed to TechNet IT Recruitment Limited, a group company in which C Bailey and S Simpson are directors. During the year the company received services from TechNet IT Recruitment Limited included within Expenses totalling £nil (2024: £150,565), a group company in which C Bailey and S Simpson are directors.

Related party transactions

Included within Debtors is an amount of £100 (2024: £100) owed by Ascent International Group Limited, parent of this company.

Included within Creditors is an amount of £67,865 (2024: £300,833) owed to TechNet IT Recruitment Limited, a group company in which C Bailey and S Simpson are directors.

During the year the company received services from TechNet IT Recruitment Limited included within Expenses totalling £nil (2024: £150,565), a group company in which C Bailey and S Simpson are directors.