Picto Investments Ltd 14172162 false 2022-06-14 2023-06-30 2023-06-30 The principal activity of the company is Buying and selling of property Digita Accounts Production Advanced 6.30.9574.0 true 14172162 2022-06-14 2023-06-30 14172162 2023-06-30 14172162 bus:Revised 2023-06-30 14172162 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14172162 core:Non-currentFinancialInstruments 2023-06-30 14172162 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 14172162 core:LandBuildings core:OwnedOrFreeholdAssets 2023-06-30 14172162 bus:SmallEntities 2022-06-14 2023-06-30 14172162 bus:AuditExemptWithAccountantsReport 2022-06-14 2023-06-30 14172162 bus:FullAccounts 2022-06-14 2023-06-30 14172162 bus:SmallCompaniesRegimeForAccounts 2022-06-14 2023-06-30 14172162 bus:RegisteredOffice 2022-06-14 2023-06-30 14172162 bus:Director1 2022-06-14 2023-06-30 14172162 bus:PrivateLimitedCompanyLtd 2022-06-14 2023-06-30 14172162 core:LandBuildings 2022-06-14 2023-06-30 14172162 core:LandBuildings core:OwnedOrFreeholdAssets 2022-06-14 2023-06-30 14172162 countries:EnglandWales 2022-06-14 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14172162

Picto Investments Ltd

Annual Report and Unaudited Financial Statements

for the Period from 14 June 2022 to 30 June 2023

 

Picto Investments Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Picto Investments Ltd

Company Information

Director

Mr S Dunleavy

Registered office

86-90 Paul Street
London
EC2A 4NE

Accountants

DG Accountancy Services Limited
Chartered Accountants
17 Stonecot Hill
Sutton
Surrey
SM3 9HB

 

Picto Investments Ltd

(Registration number: 14172162)
Balance Sheet as at 30 June 2023

Note

2023
£

Fixed assets

 

Tangible assets

4

260,401

Current assets

 

Cash at bank and in hand

 

7,588

Creditors: Amounts falling due within one year

5

(147,683)

Net current liabilities

 

(140,095)

Total assets less current liabilities

 

120,306

Creditors: Amounts falling due after more than one year

5

(191,725)

Net liabilities

 

(71,419)

Capital and reserves

 

Called up share capital

1

Retained earnings

(71,420)

Shareholders' deficit

 

(71,419)

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 3 March 2024
 

.........................................
Mr S Dunleavy
Director

 

Picto Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 14 June 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
86-90 Paul Street
London
EC2A 4NE

These financial statements were authorised for issue by the director on 3 March 2024.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold Property

Nil

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Picto Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 14 June 2022 to 30 June 2023

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

260,401

260,401

At 30 June 2023

260,401

260,401

Depreciation

Carrying amount

At 30 June 2023

260,401

260,401

Included within the net book value of land and buildings above is £260,401 in respect of freehold land and buildings.
 

5

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Accruals and deferred income

1,080

Other creditors

146,603

147,683

Creditors: amounts falling due after more than one year

Note

2023
£

Due after one year

 

Loans and borrowings

6

191,725

6

Loans and borrowings

2023
£

Non-current loans and borrowings

Other borrowings

191,725