REGISTERED NUMBER: 09013616 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

PAPI'S PICKLES

COMPANY LIMITED BY GUARANTEE

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Subramaniam

S Ramanan

REGISTERED OFFICE:

44 Nottingham Rd

Mansfield

Nottinghamshire

NG18 1BL

REGISTERED NUMBER:

09013616 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co. Ltd

Chartered Accountants

42-44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

FIXED ASSETS

Tangible assets

4

76

102

CURRENT ASSETS

Cash at bank

7,057

14,481

CREDITORS

Amounts falling due within one year

5

54,743

57,338

NET CURRENT LIABILITIES

(47,686

)

(42,857

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(47,610

)

(42,755

)

RESERVES

Income and expenditure account

(47,610

)

(42,755

)

(47,610

)

(42,755

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2026 and were signed on its behalf by:

R Subramaniam - Director

1.	STATUTORY INFORMATION

Papi's Pickles is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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. Turnover excludes grants from government or other organisations.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Going concern

At the balance sheet date, the company record net liabilities of £47,610 (2024:£42,755).

In determining the appropriate basis of preparation of this Report and Financial Statements, the directors are required to consider whether the company can continue its operational existence for the foreseeable future; that is for at least the 12 months following the signing of this report. The directors understand that the company will receive the full support of its major creditor throughout this period.The directors have concluded that it is appropriate for the financial statements to be prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2025

and 31st December 2025

1,805

DEPRECIATION

At 1st January 2025

1,703

Charge for year

26

At 31st December 2025

1,729

NET BOOK VALUE

At 31st December 2025

76

At 31st December 2024

102

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

44,453

42,290

Directors' loan accounts

9,716

13,716

Accruals and deferred income

574

1,332

54,743

57,338

6.	COMPANY LIMITED BY GUARANTEE

The liability of the members of the company is limited by guarantee to £1 each.