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REGISTERED NUMBER: 13562342 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

P & E Berrow Developments Limited

P & E Berrow Developments Limited (Registered number: 13562342)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P & E Berrow Developments Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Dr E J Berrow
P Berrow





REGISTERED OFFICE: 35 Ashbrook Crescent
Widney Manor
Solihull
West Midlands
B91 3TD





REGISTERED NUMBER: 13562342 (England and Wales)





ACCOUNTANTS: Moneywise Midlands
Office 4, Third Floor
26 Church Street
Kidderminster
Worcestershire
DY10 2AR

P & E Berrow Developments Limited (Registered number: 13562342)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,014,042 495,529

CURRENT ASSETS
Cash at bank 27,380 42

CREDITORS
Amounts falling due within one year 5 501,161 208,702
NET CURRENT LIABILITIES (473,781 ) (208,660 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,261

286,869

CREDITORS
Amounts falling due after more than
one year

6

578,684

318,812
NET LIABILITIES (38,423 ) (31,943 )

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings (38,823 ) (32,343 )
SHAREHOLDERS' FUNDS (38,423 ) (31,943 )

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

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

P & E Berrow Developments Limited (Registered number: 13562342)

Balance Sheet - continued
31 August 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 20 November 2023 and were signed on its behalf by:





P Berrow - Director


P & E Berrow Developments Limited (Registered number: 13562342)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

P & E Berrow Developments 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.

Investment property
The property held by the company generates rental income and as such is held as an investment property. The residual value of the property is considered to be at least equal to the historic cost and therefore no provision for depreciation has been made.

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.

3. EMPLOYEES AND DIRECTORS

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

P & E Berrow Developments Limited (Registered number: 13562342)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. INVESTMENT PROPERTY
Total
£   
COST
At 1 September 2022 495,529
Additions 518,513
At 31 August 2023 1,014,042
NET BOOK VALUE
At 31 August 2023 1,014,042
At 31 August 2022 495,529

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other creditors 501,161 208,702

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans 578,684 318,812