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Company Registration No. 07500906 (England and Wales)
Pacey Land Limited Unaudited accounts for the year ended 31 January 2024
Pacey Land Limited Unaudited accounts Contents
Page
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Pacey Land Limited Company Information for the year ended 31 January 2024
Directors
Julian Charles Pacey Sara Elizabeth Pacey
Company Number
07500906 (England and Wales)
Registered Office
1 OAKMEAD BRAMLEY TADLEY HAMPSHIRE RG26 5JD
Accountants
Dead Simple Accounting Suite 30, 105 London Street Reading Berkshire RG1 4QD
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Pacey Land Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,679 
16,739 
Investment property
30,172 
30,000 
46,851 
46,739 
Current assets
Cash at bank and in hand
55,764 
75,882 
Creditors: amounts falling due within one year
27,171 
19,284 
Net current assets
82,935 
95,166 
Net assets
129,786 
141,905 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
129,686 
141,805 
Shareholders' funds
129,786 
141,905 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2024 and were signed on its behalf by
Julian Charles Pacey Director Company Registration No. 07500906
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Pacey Land Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Pacey Land Limited is a private company, limited by shares, registered in England and Wales, registration number 07500906. The registered office is 1 OAKMEAD, BRAMLEY, TADLEY, HAMPSHIRE, RG26 5JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
25,344 
At 31 January 2024
25,344 
Amortisation
At 1 February 2023
25,344 
At 31 January 2024
25,344 
Net book value
At 31 January 2024
- 
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Pacey Land Limited Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
16,500 
1,790 
18,290 
At 31 January 2024
16,500 
1,790 
18,290 
Depreciation
At 1 February 2023
- 
1,551 
1,551 
Charge for the year
- 
60 
60 
At 31 January 2024
- 
1,611 
1,611 
Net book value
At 31 January 2024
16,500 
179 
16,679 
At 31 January 2023
16,500 
239 
16,739 
6
Investment property
2024 
£ 
Fair value at 1 February 2023
30,000 
Additions
172 
At 31 January 2024
30,172 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
600 
Taxes and social security
479 
9,053 
Loans from directors
(28,250)
(28,937)
Accruals
600 
- 
(27,171)
(19,284)
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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