Panamac Limited - Period Ending 2022-11-30

Panamac Limited 12994837 true 2021-12-01 2022-11-30 2022-11-30 The principal activity of the company is building development Digita Accounts Production Advanced 6.30.9574.0 true P McBride J Panter true 12994837 2021-12-01 2022-11-30 12994837 2022-11-30 12994837 core:ShareCapital 2022-11-30 12994837 bus:FRS102 2021-12-01 2022-11-30 12994837 bus:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 12994837 bus:FullAccounts 2021-12-01 2022-11-30 12994837 bus:RegisteredOffice 2021-12-01 2022-11-30 12994837 bus:Director1 2021-12-01 2022-11-30 12994837 bus:Director2 2021-12-01 2022-11-30 12994837 bus:EntityHasNeverTraded 2021-12-01 2022-11-30 12994837 bus:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 12994837 countries:AllCountries 2021-12-01 2022-11-30 12994837 2021-11-30 12994837 core:ShareCapital 2021-11-30 iso4217:GBP

Registration number: 12994837

Panamac Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2022

Panamac Limited

(Registration number: 12994837)
Statement of Financial Position as at 30 November 2022

	Note	2022 £	2021 £
Current assets
Cash at bank and in hand		100	100
Capital and reserves
Called up share capital		100	100
Shareholders' funds		100	100

For the financial year ending 30 November 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 18 August 2023 and signed on its behalf by:

.........................................
P McBride
Director

Panamac Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2022

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
England

These financial statements were authorised for issue by the Board on 18 August 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland and the Companies Act 2006'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

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

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Cash and cash equivalents

	2022 £	2021 £
Cash on hand	100	100