PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Company Registration Number:
11952803 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Directors

The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Sergey Kazachenko


The director shown below has held office during the period of
1 January 2022 to 1 September 2022

Lars Bjarnram


The director shown below has held office during the period of
1 September 2022 to 31 December 2022

Christopher May


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 December 2023

And signed on behalf of the board by:
Name: Sergey Kazachenko
Status: Director

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 49,486 ) ( 401,828 )
Other operating income: 0 0
Operating profit(or loss): (49,486) (401,828)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 62,999 ) ( 19,865 )
Profit(or loss) before tax: (112,485) (421,693)
Tax: 0 0
Profit(or loss) for the financial year: (112,485) (421,693)

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 205 12,752
Cash at bank and in hand: 687 923
Investments:   0 0
Total current assets: 892 13,675
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 638,816 ) ( 539,131 )
Net current assets (liabilities): (637,924) (525,456)
Total assets less current liabilities: (637,924) ( 525,456)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (637,924) (525,456)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 27,259 27,259
Profit and loss account: (665,283 ) (552,815 )
Total Shareholders' funds: ( 637,924 ) (525,456)

The notes form part of these financial statements

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 December 2023
and signed on behalf of the board by:

Name: Sergey Kazachenko
Status: Director

The notes form part of these financial statements

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Debtors

2022 2021
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 205 12,752
Total 205 12,752
Debtors due after more than one year: 0 0

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 427 6,818
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 638,389 532,313
Total 638,816 539,131

PROPERTY INVESTMENT RESEARCH CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Loans to directors

Name of director receiving advance or credit: Sergey Kazachenko
Description of the transaction:
The above loan is unsecured, repayable on demand and carries interest at 12% p.a. Included in the above balance is interest payable of £210 (2021: £188). Recorded in the profit and loss account is £210 of interest payable in the period (2021: £188
£
Balance at 31 December 2021 1,752
Advances or credits made: 210
Advances or credits repaid:
Balance at 31 December 2022 1,962