Panda Blue Properties Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 09058624

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		543,194		543,194
Investments	5		8,832		8,832

			552,026		552,026
Creditors: Amounts Falling Due Within One Year	6	(12,497 )		(12,497 )

NET CURRENT ASSETS (LIABILITIES)			(12,497 )		(12,497 )

TOTAL ASSETS LESS CURRENT LIABILITIES			539,529		539,529

NET ASSETS			539,529		539,529

CAPITAL AND RESERVES
Called up share capital	7		100,000		100,000
Share premium account			444,194		444,194
Profit and Loss Account			(4,665 )		(4,665 )

SHAREHOLDERS' FUNDS			539,529		539,529

For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Pietro Boria

Director

17/09/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Panda Blue Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09058624 . The registered office is 19 The Circle, Queen Elizabeth Street, London, SE1 2JE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 June 2025	543,194

As at 31 May 2026	543,194

Net Book Value
As at 31 May 2026	543,194

As at 1 June 2025	543,194

The freehold properties comprise of the following buildings located in Italy:

two Apartments in Rome:

-Via di Vigna Stelluti n.30

Surveyor`s evaluation: €800,000

-Via Giacinta Pezzana n.27

Surveyor`s evaluation: €1,750,000

The total amount recognised of €637,500 or £543,194 being the 25% of €2,550,000 in order to reflect the naked ownership of the assets.

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Panda Blue Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2026

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 June 2025	8,832

As at 31 May 2026	8,832

Provision
As at 1 June 2025	-

As at 31 May 2026	-

Net Book Value
As at 31 May 2026	8,832

As at 1 June 2025	8,832

The investment represents the price paid (€10,000 or £8832) for acquiring 100% of the share capital of the following company :

P.H.T Italia Srl: a company incorporated in Italy with share capital of €800,000

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	3,665	3,665
Director's loan account	8,832	8,832

	12,497	12,497

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100,000	100,000

8. Ultimate Controlling Party

The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.

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