IRIS Accounts Production v23.4.0.336 12892370 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128923702022-09-30128923702023-09-30128923702022-10-012023-09-30128923702021-09-30128923702021-10-012022-09-30128923702022-09-3012892370ns15:EnglandWales2022-10-012023-09-3012892370ns14:PoundSterling2022-10-012023-09-3012892370ns10:Director12022-10-012023-09-3012892370ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3012892370ns10:SmallEntities2022-10-012023-09-3012892370ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3012892370ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3012892370ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3012892370ns10:FullAccounts2022-10-012023-09-3012892370ns10:Director22022-10-012023-09-3012892370ns10:RegisteredOffice2022-10-012023-09-3012892370ns5:CurrentFinancialInstruments2023-09-3012892370ns5:CurrentFinancialInstruments2022-09-3012892370ns5:ShareCapital2023-09-3012892370ns5:ShareCapital2022-09-3012892370ns5:RetainedEarningsAccumulatedLosses2023-09-3012892370ns5:RetainedEarningsAccumulatedLosses2022-09-3012892370ns5:FurnitureFittings2022-10-012023-09-3012892370ns5:FurnitureFittings2022-09-3012892370ns5:FurnitureFittings2023-09-3012892370ns5:FurnitureFittings2022-09-3012892370ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3012892370ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 12892370 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 September 2023

for

Pomerory Properties Limited

Pomerory Properties Limited (Registered number: 12892370)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pomerory Properties Limited

Company Information
for the Year Ended 30 September 2023







DIRECTORS: N K Scroggs
Mrs S C Scroggs





REGISTERED OFFICE: Hall Lodge
Estcourt Road
Darrington
West Yorkshire
WF8 3AN





REGISTERED NUMBER: 12892370 (England and Wales)





ACCOUNTANTS: Equate Limited
Chartered Certified Accountants
The Hive
142 Thornes Lane
Wakefield
West Yorkshire
WF2 7RE

Pomerory Properties Limited (Registered number: 12892370)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,649 3,908
Investment property 5 1,175,000 1,175,000
1,177,649 1,178,908

CURRENT ASSETS
Debtors 6 193 1,018
Cash at bank 14,149 22,810
14,342 23,828
CREDITORS
Amounts falling due within one year 7 962,364 979,024
NET CURRENT LIABILITIES (948,022 ) (955,196 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,627

223,712

PROVISIONS FOR LIABILITIES 43,807 42,683
NET ASSETS 185,820 181,029

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 185,720 180,929
185,820 181,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Pomerory Properties Limited (Registered number: 12892370)

Balance Sheet - continued
30 September 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 24 October 2023 and were signed on its behalf by:





N K Scroggs - Director


Pomerory Properties Limited (Registered number: 12892370)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Pomerory Properties 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 as modified by the revaluation of certain assets.

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

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 - 20% on cost

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.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

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 2 (2022 - 2 ) .

Pomerory Properties Limited (Registered number: 12892370)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 October 2022
and 30 September 2023 6,295
DEPRECIATION
At 1 October 2022 2,387
Charge for year 1,259
At 30 September 2023 3,646
NET BOOK VALUE
At 30 September 2023 2,649
At 30 September 2022 3,908

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022
and 30 September 2023 1,175,000
NET BOOK VALUE
At 30 September 2023 1,175,000
At 30 September 2022 1,175,000

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2021 1,100,000
Valuation in 2022 75,000
1,175,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors - 798
Prepayments and accrued income 193 220
193 1,018

Pomerory Properties Limited (Registered number: 12892370)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 1 2
Social security and other taxes - 33
Directors' current accounts 960,478 976,086
Accruals and deferred income 1,885 2,903
962,364 979,024