Company Registration No. 14552381 (England and Wales)
Upper Pantiles Events Limited
Unaudited accounts
for the year ended 31 December 2025
Upper Pantiles Events Limited
Unaudited accounts
Contents
Upper Pantiles Events Limited
Company Information
for the year ended 31 December 2025
Directors
Ardeshir Naghshineh
Corin Leonard Thoday
Company Number
14552381 (England and Wales)
Registered Office
Upper Pantiles Events Limited
12-16 The Pantiles
Tunbridge Wells
Kent
TN2 5TN
England
Upper Pantiles Events Limited
Statement of financial position
as at 31 December 2025
Intangible assets
32,904
47,905
Tangible assets
20,572
37,116
Cash at bank and in hand
29,120
16,249
Creditors: amounts falling due within one year
(191,629)
(180,109)
Net current liabilities
(150,694)
(155,464)
Total assets less current liabilities
(97,218)
(70,443)
Creditors: amounts falling due after more than one year
(69,052)
(81,592)
Net liabilities
(166,270)
(152,035)
Profit and loss account
(166,270)
(152,035)
Shareholders' funds
(166,270)
(152,035)
For the year ending 31 December 2025 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 18 September 2026 and were signed on its behalf by
Corin Leonard Thoday
Director
Company Registration No. 14552381
Upper Pantiles Events Limited
Notes to the Accounts
for the year ended 31 December 2025
Upper Pantiles Events Limited is a private company, limited by shares, registered in England and Wales, registration number 14552381. The registered office is Upper Pantiles Events Limited, 12-16 The Pantiles, Tunbridge Wells, Kent, TN2 5TN, England.
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.
During the year, the company made a loss of £14,235 (2024: Loss of £40,134).
At the end of the year the company owed a total of £117,000 to related parties.
The company continues to work with Targetfollow (Pantiles) Limited as site owner, local residents and local businesses, to remain considerate of the local living environment and contribute to the business ecosystem at The Pantiles. The company has developed a fresh schedule of events for 2026 and based on this schedule of events, the company has produced business plans and projections showing that it will generate sufficient revenue to meet its obligations for the foreseeable future.
Based on the above, the directors consider that it is appropriate to prepare the financial statements on a going concern basis
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% Straight Line
Computer equipment
33.33% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Upper Pantiles Events Limited
Notes to the Accounts
for the year ended 31 December 2025
4
Intangible fixed assets
Other
At 31 December 2025
65,000
Charge for the year
15,001
At 31 December 2025
32,096
At 31 December 2025
32,904
At 31 December 2024
47,905
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
48,819
814
49,633
At 31 December 2025
48,819
814
49,633
At 1 January 2025
12,085
432
12,517
Charge for the year
16,273
271
16,544
At 31 December 2025
28,358
703
29,061
At 31 December 2025
20,461
111
20,572
At 31 December 2024
36,734
382
37,116
Amounts falling due within one year
Accrued income and prepayments
-
2,500
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
901
-
Trade creditors
69,348
75,101
Amounts owed to group undertakings and other participating interests
117,000
114,650
Taxes and social security
(1,069)
(10,538)
Upper Pantiles Events Limited
Notes to the Accounts
for the year ended 31 December 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Transactions with related parties
Under section 33.1A of FRS 102 Section 1A Small Entities, the Company is not obliged to disclose transactions between members of other group companies where group accounts are prepared.
During the year, recharges and fees of £30,942.24 (2024: £9,240) were charged by Targetfollow Estates Limited, a company controlled by Ardeshir Naghshineh. At the end of the period, Upper Pantiles Events Limited held a debtors balance of £16,982 ( 2024: Debtor balance of£3,912) with Targetfollow Estates Limited.
The company is controlled by Targetfollow Group Limited and, in the opinion of the directors, this is the company's ultimate parent company. The ultimate controlling party is the director and shareholder of Targetfollow Group Limited, A Naghshineh.
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Average number of employees
During the year the average number of employees was 0 (2024: 0).