Report to the director on the preparation of the unaudited statutory financial statements of Pitcomp Properties Limited for the year ended 31 December 2022
We have compiled the accompanying financial statements of Pitcomp Properties Limited (the ‘company’) based on the information you have provided. These financial statements comprise the Balance Sheet of Pitcomp Properties Limited as at 31 December 2022, and other explanatory information.
We performed this compilation engagement in accordance with International Standard on Related Services
4410 (Revised) ‘Compilation Engagements’.
We have applied our expertise in accounting and financial reporting to assist you in the preparation and
presentation of these financial statements in accordance with applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 105 'The Financial Reporting Standard applicable to the
Micro-entities Regime’ (United Kingdom Generally Accepted Accounting Practice). We have complied with
relevant ethical requirements, including principles of integrity, objectivity, professional competence and due
care.
These financial statements and the accuracy and completeness of the information used to compile them are
your responsibility.
Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or
completeness of the information you provided to us to compile these financial statements. Accordingly, we do
not express an audit opinion or a review conclusion on whether these financial statements are prepared in
accordance with United Kingdom Generally Accepted Accounting Practice.
This report is made solely to the company’s directors, as a body, in accordance with the terms of our
engagement letter dated 15 August 2023. Our work has been undertaken solely to prepare for your approval
the financial statements of the company and state those matters that we have agreed to state to the company’s
directors, as a body, in this report in accordance with our engagement letter dated 15 August 2023. To the
fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company
and the company’s directors as a body, for our work, or for this report.
Grant Thornton UK LLP
Chartered Accountants
Milton Keynes
1 November 2023
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PITCOMP PROPERTIES LIMITED
REGISTERED NUMBER: 06649642
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BALANCE SHEET
AS AT 31 DECEMBER 2022
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime, FRS 105.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
The notes on page 3 form part of these financial statements.
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PITCOMP PROPERTIES LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
1.Company information
The company is expected to generate positive operating cashflows for the foreseeable future. As a consequence the director believes that the company is well placed to manage its business risks successfully.
The director has a reasonable expectation, for at least 12 months from signing the financial statements, that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the company has continued to adopt the going concern basis of accounting in the preparation of these financial statements.
06649642
Colenso, Cobblers Hill, Little Hampden, Great Missendon, Bucks, HP16 9PW.
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The average monthly number of employees during the year was 0 (2021 - 0).
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Guarantees and other financial commitments
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The company has no guarantees or any other financial commitments requiring disclosure in these financial statements.
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