REGISTERED NUMBER: 02002735 (England and Wales)

THE PANTECHNICON LIMITED

Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P S Fox

REGISTERED OFFICE:

Unit 1

Albert Crescent

BRISTOL

BS2 0SU

REGISTERED NUMBER:

02002735 (England and Wales)

AUDITORS:

MHA Audit Services LLP

Statutory Auditor

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Tangible assets

4

-

530,318

CURRENT ASSETS

Stocks

-

31,880

Debtors

5

100

390,690

Cash at bank and in hand

-

514,632

100

937,202

CREDITORS

Amounts falling due within one year

6

-

(642,124

)

NET CURRENT ASSETS

100

295,078

TOTAL ASSETS LESS CURRENT LIABILITIES

100

825,396

CREDITORS

Amounts falling due after more than one year

7

-

(11,152

)

PROVISIONS FOR LIABILITIES

-

(131,979

)

NET ASSETS

100

682,265

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

-

682,165

100

682,265

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2026 and were signed by:

P S Fox - Director

1.	STATUTORY INFORMATION

The Pantechnicon 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 financial statements are prepared in Sterling (£), the company's functional currency, and rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulated depreciation and accumulated impairment losses. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor Vehicles

4 - 12 years straightline & 5 years reducing balance

Plant and Machinery

4 - 10 years straightline & 5 years 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on transaction in the period are included profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

194,630

593,481

788,111

Disposals

(194,630

)

(593,481

)

(788,111

)

At 31 December 2025

-

-

-

DEPRECIATION

At 1 January 2025

126,653

131,140

257,793

Charge for year

7,095

45,905

53,000

Eliminated on disposal

(133,748

)

(177,045

)

(310,793

)

At 31 December 2025

-

-

-

NET BOOK VALUE

At 31 December 2025

-

-

-

At 31 December 2024

67,977

462,341

530,318

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

298,064

Disposals

(217,278

)

Transfer to ownership

(80,786

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

66,508

Charge for year

22,230

Eliminated on disposal

(52,040

)

Transfer to ownership

(36,698

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

231,556

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

58,826

Amounts owed by group undertakings

100

-

Other debtors

-

322,286

Prepayments and accrued income

-

9,578

100

390,690

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

-

87,909

Trade creditors

-

67,296

Amounts owed to group undertakings

-

314,075

Corporation tax

-

72,275

Social security and other taxes

-

15,761

VAT

-

20,825

Accruals and deferred income

-

63,983

-

642,124

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 8)

-

11,152

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2025

2024

£

£

Net obligations repayable:

Within one year

-

87,909

Between one and five years

-

11,152

-

99,061

Non-cancellable operating

leases

2025

2024

£

£

Within one year

-

840

Between one and five years

-

1,344

-

2,184

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Laura Farrow MSc BSc FCA (Senior Statutory Auditor)

for and on behalf of MHA Audit Services LLP

MHA is the trading name of MHA Audit Services LLP, a limited liability

partnership in England and Wales (OC455542).

10.	CONTINGENT LIABILITIES

A cross guarantee and debenture over the assets of the company is held by the company's bankers in respect of bank loans held by a related party company. The aggregate level of loans held by the related party at 31 December 2025 amounted to £3,965,432 (2024: £4,232,003). No liability is expected to arise.

11.	RELATED PARTY DISCLOSURES

At 31 December 2025 the following balances and transactions existed with a company under common directorship:

31.12.2025

31.12.2024

£

£

Sales

788

6,005

Purchases

77,270

133,654

Amounts falling payable within one year

-

5,528

Amounts falling receivable within one year

-

209,029

At 30 June 2025, the trade and assets of The Pantechnicon Limited were hived up into its parent company, Fox Group (Moving & Storage) Limited. The company has been dormant since that date.

12.	ULTIMATE PARENT COMPANY

The company's immediate parent undertaking is Fox Group (Moving & Storage) Limited.

The ultimate parent undertaking and controlling party is Fox Holdings (Moving & Storage) Limited, incorporated in England and Wales. The consolidated financial statements of Fox Holdings (Moving & Storage) Limited, which include the company, are available from Fox Holdings (Moving & Storage) Limited, Unit 10, Somerset Industrial Estate, Somerset Road, Cwmbran, NP44 1QX.