REGISTERED NUMBER: 05906935 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

PANTHERELLA INTERNATIONAL GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N P T Hall

K F Hall

JA Hall

SECRETARY:

K F Hall

REGISTERED OFFICE:

25 Pavilion Way,

Loughborough

Leicestershire

LE11 5GW

REGISTERED NUMBER:

05906935 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Tangible assets

4

207,750

316,810

Investments

5

385,811

385,811

593,561

702,621

CURRENT ASSETS

Stocks

1,053,955

1,778,646

Debtors

6

840,625

722,846

Cash at bank

73,911

194,076

1,968,491

2,695,568

CREDITORS

Amounts falling due within one year

7

993,977

814,568

NET CURRENT ASSETS

974,514

1,881,000

TOTAL ASSETS LESS CURRENT LIABILITIES

1,568,075

2,583,621

CREDITORS

Amounts falling due after more than one year

8

329,985

349,580

NET ASSETS

1,238,090

2,234,041

CAPITAL AND RESERVES

Called up share capital

277,778

277,778

Retained earnings

960,312

1,956,263

SHAREHOLDERS' FUNDS

1,238,090

2,234,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 profit or loss 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 30 October 2026 and were signed on its behalf by:

JA Hall - Director

1.	STATUTORY INFORMATION

Pantherella International Group Limited is a private company, limited by shares , 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

- the amount of revenue can be reliably measured;

- it is probable that future economic benefits will flow to the entity;

- and specific criteria have been met for each of the company's activities.

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

-

25% on reducing balance

Fixtures, fittings & equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Going concern

The financial statements have been prepared on a going concern basis.

In assessing the company's ability to continue as a going concern, the directors have considered the company's forecasts and anticipated working capital requirements, including the expected performance of the business under its revised operating model.

The directors' assessment takes into account the continued success of the company's outsourced manufacturing arrangements, the availability of working capital funding through its invoice finance arrangements and financial support available from other group companies.

Having considered the company's forecast trading performance, working capital requirements and available sources of finance, the directors consider that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors consider the going concern basis of preparation to be appropriate

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 40 (2024 - 72 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

Plant and

fittings

Motor

Computer

machinery

& equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

136,901

445,833

31,496

262,432

876,662

Additions

-

2,366

-

6,341

8,707

Disposals

-

(204,554

)

(31,496

)

-

(236,050

)

At 30 April 2025

136,901

243,645

-

268,773

649,319

DEPRECIATION

At 1 May 2024

63,317

388,758

14,496

93,281

559,852

Charge for year

17,361

25,966

-

35,098

78,425

Eliminated on disposal

-

(182,212

)

(14,496

)

-

(196,708

)

At 30 April 2025

80,678

232,512

-

128,379

441,569

NET BOOK VALUE

At 30 April 2025

56,223

11,133

-

140,394

207,750

At 30 April 2024

73,584

57,075

17,000

169,151

316,810

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 May 2024

and 30 April 2025

385,811

NET BOOK VALUE

At 30 April 2025

385,811

At 30 April 2024

385,811

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

622,778

487,350

Other debtors

217,847

235,496

840,625

722,846

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

589,211

386,278

Taxation and social security

174,413

190,130

Other creditors

230,353

238,160

993,977

814,568

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

329,985

349,580

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

26,551

31,146

Between one and five years

19,770

40,282

46,321

71,428

10.	RELATED PARTY DISCLOSURES

The directors of the company are also directors of Hallmark Properties (Leic) Limited.

During the year, the company was charged rent of £100,000 (2024: £100,000) by Hallmark Properties (Leic) Limited and charged Hallmark Properties (Leic) Limited and recharged expenses of £34,518 (2024: £55,938). At 30 April 2025 a balance of £13,713 (2024: £174) was due from Hallmark Properties (Leic) Limited and included within trade debtors. Included within trade creditors at the year end an amount of £120,000 (2024: £nil) was due to Hallmark Properties (Leic) Limited.

NPT Hall is the ultimate controlling party of the company by virtue of his shareholdings in Pantherella International Group Limited.