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REGISTERED NUMBER: 13374606 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

P and K Wirral Homes Ltd

P and K Wirral Homes Ltd (Registered number: 13374606)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

P and K Wirral Homes Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: P Davies
Dr K Jones





REGISTERED OFFICE: 15 Oaksway
Heswall
CH60 3SP





REGISTERED NUMBER: 13374606 (England and Wales)





ACCOUNTANTS: Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside

P and K Wirral Homes Ltd (Registered number: 13374606)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 254,059 254,059

CURRENT ASSETS
Debtors 5 720 -
Cash at bank 4,541 515
5,261 515
CREDITORS
Amounts falling due within one year 6 80,014 82,808
NET CURRENT LIABILITIES (74,753 ) (82,293 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

179,306

171,766

CREDITORS
Amounts falling due after more than one
year

7

182,625

182,625
NET LIABILITIES (3,319 ) (10,859 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,419 ) (10,959 )
SHAREHOLDERS' FUNDS (3,319 ) (10,859 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 and K Wirral Homes Ltd (Registered number: 13374606)

Balance Sheet - continued
31 May 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 11 August 2023 and were signed on its behalf by:





P Davies - Director


P and K Wirral Homes Ltd (Registered number: 13374606)

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

1. STATUTORY INFORMATION

P and K Wirral Homes Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2022
and 31 May 2023 254,059
NET BOOK VALUE
At 31 May 2023 254,059
At 31 May 2022 254,059

P and K Wirral Homes Ltd (Registered number: 13374606)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 720 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other creditors 720 -
Directors' current accounts 78,285 81,848
Accrued expenses 1,009 960
80,014 82,808

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Mortgage 182,625 182,625

8. RELATED PARTY DISCLOSURES

At 31st May 2023 the company owed Mr P Davies, director, £78,285. This will not be immediately repayable as the director will continue to support the company until reserves are sufficiently built up.

P and K Wirral Homes Ltd

Report of the Accountants to the Directors of
P and K Wirral Homes Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside


5 February 2024