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Company Registration No. 08832474 (England and Wales)
Panesar Commercial Management Ltd. Unaudited accounts for the year ended 31 January 2026
Panesar Commercial Management Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Panesar Commercial Management Ltd. Company Information for the year ended 31 January 2026
Director
Manpreet Singh Panesar
Company Number
08832474 (England and Wales)
Registered Office
124 City Road London EC1V 2NX United Kingdom
Accountants
Financial People Ltd 124 City Road London EC1V 2NX
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Panesar Commercial Management Ltd. Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,102 
1,813 
Current assets
Debtors
5
80,754 
37,698 
Cash at bank and in hand
56,095 
41,384 
136,849 
79,082 
Creditors: amounts falling due within one year
6
(134,005)
(33,370)
Net current assets
2,844 
45,712 
Net assets
3,946 
47,525 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
2,946 
46,525 
Shareholders' funds
3,946 
47,525 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 28 October 2026 and were signed on its behalf by
Manpreet Singh Panesar Director Company Registration No. 08832474
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Panesar Commercial Management Ltd. Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Panesar Commercial Management Ltd. is a private company, limited by shares, registered in England and Wales, registration number 08832474. The registered office is 124 City Road, London, EC1V 2NX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2025
949 
9,374 
10,323 
At 31 January 2026
949 
9,374 
10,323 
Depreciation
At 1 February 2025
474 
8,036 
8,510 
Charge for the year
237 
474 
711 
At 31 January 2026
711 
8,510 
9,221 
Net book value
At 31 January 2026
238 
864 
1,102 
At 31 January 2025
475 
1,338 
1,813 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
(10,282)
(14,141)
Other debtors
91,036 
51,839 
80,754 
37,698 
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Panesar Commercial Management Ltd. Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security
28,503 
27,867 
Proposed dividends
100,000 
- 
Other creditors
5,502 
5,503 
134,005 
33,370 
7
Average number of employees
During the year the average number of employees was 1 (2025: 1).
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