IRIS Accounts Production v23.1.5.20 01039503 Board of Directors 1.4.22 31.3.23 31.3.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure010395032022-03-31010395032023-03-31010395032022-04-012023-03-31010395032021-03-31010395032021-04-012022-03-31010395032022-03-3101039503ns16:EnglandWales2022-04-012023-03-3101039503ns15:PoundSterling2022-04-012023-03-3101039503ns11:Director12022-04-012023-03-3101039503ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3101039503ns11:SmallEntities2022-04-012023-03-3101039503ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3101039503ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3101039503ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3101039503ns11:FullAccounts2022-04-012023-03-3101039503ns11:Director22022-04-012023-03-3101039503ns11:Director32022-04-012023-03-3101039503ns11:CompanySecretary12022-04-012023-03-3101039503ns11:RegisteredOffice2022-04-012023-03-3101039503ns6:CurrentFinancialInstruments2023-03-3101039503ns6:CurrentFinancialInstruments2022-03-3101039503ns6:RetainedEarningsAccumulatedLosses2023-03-3101039503ns6:RetainedEarningsAccumulatedLosses2022-03-3101039503ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3101039503ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 01039503 (England and Wales)















Unaudited Financial Statements

For The Year Ended 31 March 2023

for

PETER & GILES PROPERTY COMPANY LIMITED

PETER & GILES PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01039503)

Contents of the Financial Statements
For The Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETER & GILES PROPERTY COMPANY LIMITED

Company Information
For The Year Ended 31 March 2023







DIRECTORS: Mrs C Greenway
P J Hamill
Mrs L C Mansell





SECRETARY: Mrs C Greenway





REGISTERED OFFICE: Chiltern House
34 Orchehill Avenue
Gerrards Cross
Buckinghamshire
SL9 8QQ





REGISTERED NUMBER: 01039503 (England and Wales)





ACCOUNTANTS: Godfrey, Anderson & Co
6 Portland Business Centre
Manor House Lane
Datchet
Berkshire
SL3 9EG

PETER & GILES PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01039503)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
CURRENT ASSETS
Debtors 4 - 92,732
Prepayments and accrued income - 537
Cash at bank 455,211 368,122
455,211 461,391
CREDITORS
Amounts falling due within one year 5 261,387 22,912
NET CURRENT ASSETS 193,824 438,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

193,824

438,479

RESERVES
Retained earnings 193,824 438,479
193,824 438,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

PETER & GILES PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01039503)

Balance Sheet - continued
31 March 2023


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 5 October 2023 and were signed on its behalf by:





Mrs C Greenway - Director


PETER & GILES PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01039503)

Notes to the Financial Statements
For The Year Ended 31 March 2023


1. STATUTORY INFORMATION

Peter & Giles Property Company 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors - 92,732

PETER & GILES PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01039503)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors - (1 )
Taxation and social security (850 ) 290
Other creditors 262,237 22,623
261,387 22,912

6. RELATED PARTY DISCLOSURES

In previous years a freehold property was leased to the company at a cost of £5,700 per annum. In the year under review the lease terminated and the freehold was sold .It is the intention of the shareholders to wind up the company.