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REGISTERED NUMBER: 08853033 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

PEPPERMINT PROPERTY LEIGH LIMITED

PEPPERMINT PROPERTY LEIGH LIMITED (REGISTERED NUMBER: 08853033)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PEPPERMINT PROPERTY LEIGH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Dr H S Chahal
Dr. A J Van Leeuwen





REGISTERED OFFICE: Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD





BUSINESS ADDRESS: 14 Chadwick Road
Westcliff-on-Sea
Essex
SS0 8LS





REGISTERED NUMBER: 08853033 (England and Wales)





ACCOUNTANTS: A.R. Lee & Co.
Chartered Certified Accountants
Clarence Street Chambers
32 Clarence Street
Southend-on-Sea
Essex
SS1 1BD

PEPPERMINT PROPERTY LEIGH LIMITED (REGISTERED NUMBER: 08853033)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,447 2,723
Investment property 5 950,000 875,000
952,447 877,723

CURRENT ASSETS
Debtors 6 566 469
Cash at bank and in hand 45,799 27,210
46,365 27,679
CREDITORS
Amounts falling due within one year 7 319,228 317,424
NET CURRENT LIABILITIES (272,863 ) (289,745 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

679,584

587,978

CREDITORS
Amounts falling due after more than one
year

8

(482,626

)

(482,637

)

PROVISIONS FOR LIABILITIES (50,807 ) (32,057 )
NET ASSETS 146,151 73,284

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 173,711 117,461
Retained earnings (27,660 ) (44,277 )
SHAREHOLDERS' FUNDS 146,151 73,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

PEPPERMINT PROPERTY LEIGH LIMITED (REGISTERED NUMBER: 08853033)

BALANCE SHEET - continued
31 JANUARY 2024


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 March 2024 and were signed on its behalf by:




Dr H S Chahal - Director



Dr. A J Van Leeuwen - Director


PEPPERMINT PROPERTY LEIGH LIMITED (REGISTERED NUMBER: 08853033)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Peppermint Property Leigh 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 February 2023
and 31 January 2024 6,582
DEPRECIATION
At 1 February 2023 3,859
Charge for year 276
At 31 January 2024 4,135
NET BOOK VALUE
At 31 January 2024 2,447
At 31 January 2023 2,723

PEPPERMINT PROPERTY LEIGH LIMITED (REGISTERED NUMBER: 08853033)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 875,000
Revaluations 75,000
At 31 January 2024 950,000
NET BOOK VALUE
At 31 January 2024 950,000
At 31 January 2023 875,000

The company's investment properties were revalued to open market value at the period end by the company's director using his best judgement.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 566 469

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 1,496 -
Other creditors 317,732 317,424
319,228 317,424

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 482,626 482,637

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 482,626 482,637

9. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank loans 482,626 482,637

The bank loans are secured by a fixed charge over the company's investment properties.

PEPPERMINT PROPERTY LEIGH LIMITED (REGISTERED NUMBER: 08853033)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
76 Ordinary "A" £1 76 76
24 Ordinary "B" £1 24 24
100 100

11. RESERVES
Fair
value
reserve
£   
At 1 February 2023 117,461
Fair value gains 56,250

At 31 January 2024 173,711