10197909falseSale of clothing2025-01-012025-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director12025-01-012025-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12025-01-012025-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2025-01-012025-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2025-01-012025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/2025-01-012025-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FRS1022025-01-012025-12-31http://www.companieshouse.gov.uk/2025-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2025-01-012025-12-31http://www.companieshouse.gov.uk/cd:FilletedAccounts2025-01-012025-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10197909
PATTA LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Prepared By:
Simon Coles & Co
Chartered Accountants
PO Box 600
London
WC1H 0XB
PATTA LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
DIRECTORS
Mr E S Sabajo
REGISTERED OFFICE
6 Silver Place
London
UK
W1F 0JS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10197909
ACCOUNTANTS
Simon Coles & Co
Chartered Accountants
PO Box 600
London
WC1H 0XB
PATTA LIMITED
ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
PATTA LIMITED
BALANCE SHEET AT 31 December 2025
20252024
Notes££
FIXED ASSETS
Tangible assets23,1614,462
CURRENT ASSETS
Stock219,323447,429
Debtors4212,584205,869
Cash at bank and in hand209,674403,282
641,5811,056,580
CREDITORS: Amounts falling due within one year5563,749904,559
NET CURRENT ASSETS77,832152,021
TOTAL ASSETS LESS CURRENT LIABILITIES80,993156,483
CAPITAL AND RESERVES
Called up share capital71010
Profit and loss account80,983156,473
SHAREHOLDERS' FUNDS80,993156,483
For the year ending 31 December 2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 1 October 2026 and signed on their behalf by
.............................
Mr E S Sabajo
Director
PATTA LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsstraight line 25%
Equipmentstraight line 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
PATTA LIMITED
2. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 1 January 202556,4832,71159,194
At 31 December 202556,4832,71159,194
Depreciation
At 1 January 202553,0271,70554,732
For the year9423591,301
At 31 December 202553,9692,06456,033
Net Book Amounts
At 31 December 20252,5146473,161
At 31 December 20243,4561,0064,462
3. STOCK 20252024
££
Stock comprises:
Stock219,323447,429
219,323447,429
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors143,10465,925
UK corporation tax-68,304
Other debtors-16,558
Amounts due from group companies25,03018,982
Prepayments44,45036,100
212,584205,869
PATTA LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
VAT32,3385,105
Salaries and wages control-108
Trade creditors16,26011,773
Other creditors4,1444,961
Amounts due to group companies511,007882,612
563,749904,559
6. EMPLOYEES
20252024
No.No.
Average number of employees1010
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
10 Ordinary Shares of £1 each1010
1010
8. CONTROLLING PARTY
The company is owned by Patta Exclusive Sneakers B.V.. The ultimate joint holding companies are Seroni Holding B.V. and Brokopondo Holding B.V., both incorporated in The Netherlands.
9. RELATED PARTY TRANSACTIONS
1 The company is owned by Patta Exclusive Sneakers B.V., Zeedijk 68-70, 1012 BA Amsterdam, a company incorporated in The Netherlands.
2 As part of a small group, the company is exempt from preparing group accounts.
PATTA LIMITED
10. COMMITMENTS
The company has less than one year remaining on a property rental agreement with annual rent of £48,000.