Company Registration No. 09756900 (England and Wales)
PATIENCE COMPANY LIMITED
Unaudited accounts
for the year ended 31 March 2026
PATIENCE COMPANY LIMITED
Company Information
for the year ended 31 March 2026
Directors
Lucy Njeri Knight
Roy Gould
Company Number
09756900 (England and Wales)
Registered Office
17 Dragon Court
Crofts End Road
Bristol
BS5 7XX
United Kingdom
Accountants
Faire Services Limited
Certified Accountants
50 Northover Road
Bristol
BS9 3LJ
PATIENCE COMPANY LIMITED
Statement of financial position
as at 31 March 2026
Tangible assets
40,430
39,853
Investment property
283,488
283,488
Cash at bank and in hand
986,458
505,167
Creditors: amounts falling due within one year
(265,615)
(279,936)
Net current assets
720,843
367,892
Total assets less current liabilities
1,044,761
691,233
Creditors: amounts falling due after more than one year
(100,000)
(9,774)
Net assets
944,761
681,459
Called up share capital
100
100
Profit and loss account
944,661
681,359
Shareholders' funds
944,761
681,459
For the year ending 31 March 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by
Lucy Njeri Knight
Director
Company Registration No. 09756900
PATIENCE COMPANY LIMITED
Notes to the Accounts
for the year ended 31 March 2026
PATIENCE COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09756900. The registered office is 17 Dragon Court, Crofts End Road, Bristol, BS5 7XX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2025
42,990
26,240
69,230
Additions
4,409
7,000
11,409
At 31 March 2026
47,399
33,240
80,639
At 1 April 2025
20,461
8,916
29,377
Charge for the year
4,849
5,983
10,832
At 31 March 2026
25,310
14,899
40,209
At 31 March 2026
22,089
18,341
40,430
At 31 March 2025
22,529
17,324
39,853
Fair value at 1 April 2025
283,488
PATIENCE COMPANY LIMITED
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
188,576
173,405
Loans from directors
74,039
103,531
8
Creditors: amounts falling due after more than one year
2026
2025
Loans from directors
100,000
-
9
Average number of employees
During the year the average number of employees was 97 (2025: 91).