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Company Registration No. 01259579 (England and Wales)
PMA Estates Limited Unaudited accounts for the year ended 30 June 2023
PMA Estates Limited Unaudited accounts Contents
Page
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PMA Estates Limited Company Information for the year ended 30 June 2023
Directors
M.P.Kemal L.E. Kemal S. Kemal
Secretary
M.P. Kemal
Company Number
01259579 (England and Wales)
Registered Office
21 East Street Bromley Kent BR1 1QE
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PMA Estates Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
1,830,000 
1,830,000 
Current assets
Debtors
13,961 
19,664 
Cash at bank and in hand
710,106 
656,136 
724,067 
675,800 
Creditors: amounts falling due within one year
(105,875)
(97,900)
Net current assets
618,192 
577,900 
Total assets less current liabilities
2,448,192 
2,407,900 
Provisions for liabilities
Deferred tax
(310,588)
(236,047)
Net assets
2,137,604 
2,171,853 
Capital and reserves
Called up share capital
15,100 
15,100 
Revaluation reserve
1,242,351 
1,242,351 
Profit and loss account
880,153 
914,402 
Shareholders' funds
2,137,604 
2,171,853 
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 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 23 January 2024 and were signed on its behalf by
M.P.Kemal Director Company Registration No. 01259579
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PMA Estates Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
PMA Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 01259579. The registered office is 21 East Street, Bromley, Kent, BR1 1QE.
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:
Land & buildings
Not depreciated
Fixtures & fittings
25% straight line
Investment properties
Investment properties are included at market fair value. The properties were valued on 3 September 2020 by Linays, a firm of Chartered Surveyors and Valuers. Gains are recognised in the revaluation reserve. Deferred taxation is provided on these gains at the rate expected to apply when the properties are sold.
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PMA Estates Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2022
7,580 
At 30 June 2023
7,580 
Depreciation
At 1 July 2022
7,580 
At 30 June 2023
7,580 
Net book value
At 30 June 2023
- 
5
Investment property
2023 
£ 
Fair value at 1 July 2022
1,830,000 
At 30 June 2023
1,830,000 
Freehold properties were valued on 3 September 2020 by Linays, Chartered Surveyors. The cost of investment properties carried in the balance sheet is £587,649 (2022: £587,649).
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,969 
17,895 
Accrued income and prepayments
1,992 
1,769 
13,961 
19,664 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
9,976 
15,648 
Other creditors
30,048 
44,374 
Loans from directors
2,300 
5,681 
Accruals
51,054 
16,897 
Deferred income
12,497 
15,300 
105,875 
97,900 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
15,100 Ordinary shares of £1 each
15,100 
15,100 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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