1 July 2022 false No description of principal activity Taxfiler 2023.15 10826451business:PrivateLimitedCompanyLtd2022-07-012023-06-30 108264512022-06-30 108264512022-07-012023-06-30 10826451business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 10826451business:FilletedAccounts2022-07-012023-06-30 108264512023-06-30 108264512022-06-30 10826451core:WithinOneYear2023-06-30 10826451core:WithinOneYear2022-06-30 10826451core:AfterOneYear2023-06-30 10826451core:AfterOneYear2022-06-30 10826451core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10826451core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 10826451core:RevaluationReservecore:PreviouslyStatedAmount2023-06-30 10826451core:RevaluationReservecore:PreviouslyStatedAmount2022-06-30 10826451core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10826451core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 10826451core:PreviouslyStatedAmount2023-06-30 10826451core:PreviouslyStatedAmount2022-06-30 10826451business:SmallEntities2022-07-012023-06-30 10826451business:Director12022-07-012023-06-30 10826451countries:EnglandWales2022-07-012023-06-30 10826451business:RegisteredOffice2022-07-012023-06-30 10826451core:ComputerEquipment2022-06-30 10826451core:ComputerEquipment2023-06-30 10826451core:ComputerEquipment2022-07-012023-06-30 108264512021-07-012022-06-30 iso4217:GBP xbrli:pure
PAGE ASSET MANAGEMENT LIMITED Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4 
152 
Investment property
700,000 
671,467 
700,004 
671,619 
Current assets
Debtors
244,589 
545,608 
Investments
847,996 
82,996 
Cash at bank and in hand
40,260 
29,528 
1,132,845 
658,132 
Creditors: amounts falling due within one year
(353,332)
(43,412)
Net current assets
779,513 
614,720 
Total assets less current liabilities
1,479,517 
1,286,339 
Creditors: amounts falling due after more than one year
(1,413,664)
(1,270,002)
Provisions for liabilities
Deferred tax
(3,980)
- 
Net assets
61,873 
16,337 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
19,902 
- 
Profit and loss account
41,970 
16,336 
Shareholders' funds
61,873 
16,337 
For the year ending 30 June 2023 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 director acknowledges his 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 and authorised for issue on 28 March 2024 and were signed on its behalf by
Mr Gavriel Zeev NOE Director Company Registration No. 10826451
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PAGE ASSET MANAGEMENT LIMITED Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
PAGE ASSET MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10826451. The registered office is 85 BELL LANE, LONDON, NW4 2AS, UNITED KINGDOM.
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:
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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PAGE ASSET MANAGEMENT LIMITED Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
999 
At 30 June 2023
999 
Depreciation
At 1 July 2022
847 
Charge for the year
148 
At 30 June 2023
995 
Net book value
At 30 June 2023
4 
At 30 June 2022
152 
5
Investment property
2023 
£ 
Fair value at 1 July 2022
671,467 
Additions
8,631 
Net gain from fair value adjustments
19,902 
At 30 June 2023
700,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
244,589 
545,608 
7
Investments held as current assets
2023 
2022 
£ 
£ 
Unlisted investments
847,996 
82,996 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
(5,535)
VAT
11,612 
2,048 
Trade creditors
1,549 
1,549 
Taxes and social security
9,670 
799 
Other creditors
173,915 
645 
Loans from directors
156,106 
43,406 
Accruals
480 
500 
353,332 
43,412 
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PAGE ASSET MANAGEMENT LIMITED Notes to the Accounts for the year ended 30 June 2023
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
563,664 
420,002 
Amounts owed to group undertakings and other participating interests
850,000 
850,000 
1,413,664 
1,270,002 
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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