IRIS Accounts Production v24.1.0.578 11473049 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114730492022-07-31114730492023-07-31114730492022-08-012023-07-31114730492021-07-31114730492021-08-012022-07-31114730492022-07-3111473049ns15:EnglandWales2022-08-012023-07-3111473049ns14:PoundSterling2022-08-012023-07-3111473049ns10:Director12022-08-012023-07-3111473049ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3111473049ns10:SmallEntities2022-08-012023-07-3111473049ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3111473049ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3111473049ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3111473049ns10:FullAccounts2022-08-012023-07-3111473049ns10:Director22022-08-012023-07-3111473049ns10:RegisteredOffice2022-08-012023-07-3111473049ns5:CurrentFinancialInstruments2023-07-3111473049ns5:CurrentFinancialInstruments2022-07-3111473049ns5:ShareCapital2023-07-3111473049ns5:ShareCapital2022-07-3111473049ns5:RetainedEarningsAccumulatedLosses2023-07-3111473049ns5:RetainedEarningsAccumulatedLosses2022-07-31
REGISTERED NUMBER: 11473049 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Pax Properties Ltd

Pax Properties Ltd (Registered number: 11473049)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pax Properties Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Ms V M L Navarro
J L Sanchez Navarro





REGISTERED OFFICE: Bank House
Southwick Square
Southwick
West Sussex
BN43 4FN





REGISTERED NUMBER: 11473049 (England and Wales)





ACCOUNTANTS: Style Accountants Limited
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

Pax Properties Ltd (Registered number: 11473049)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 509,714 509,714

CURRENT ASSETS
Cash at bank 25,962 13,406

CREDITORS
Amounts falling due within one year 5 519,345 519,088
NET CURRENT LIABILITIES (493,383 ) (505,682 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,331

4,032

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 16,131 3,832
SHAREHOLDERS' FUNDS 16,331 4,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

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

Pax Properties Ltd (Registered number: 11473049)

Balance Sheet - continued
31 July 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 28 March 2024 and were signed on its behalf by:





J L Sanchez Navarro - Director


Pax Properties Ltd (Registered number: 11473049)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Pax Properties Ltd 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.

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

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 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 509,714
NET BOOK VALUE
At 31 July 2023 509,714
At 31 July 2022 509,714

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Taxation and social security 2,885 2,675
Other creditors 516,460 516,413
519,345 519,088