Registered number
10523124
P CHROBAK PROPERTY LTD
Filleted Accounts
31 December 2023
P CHROBAK PROPERTY LTD
Registered number: 10523124
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 883,725 883,725
Current assets
Debtors 4 4,520 2,872
Cash at bank and in hand 92 -
4,612 2,872
Creditors: amounts falling due within one year 5 (63,028) (65,834)
Net current liabilities (58,416) (62,962)
Total assets less current liabilities 825,309 820,763
Creditors: amounts falling due after more than one year 6 (803,416) (803,416)
Net assets 21,893 17,347
Capital and reserves
Called up share capital 1 1
Profit and loss account 21,892 17,346
Shareholders' funds 21,893 17,347
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Pawel Chrobak
Director
Approved by the board on 31 January 2024
P CHROBAK PROPERTY LTD
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings non depreciating
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2023 883,725
At 31 December 2023 883,725
Depreciation
At 31 December 2023 -
Net book value
At 31 December 2023 883,725
At 31 December 2022 883,725
4 Debtors 2023 2022
£ £
Other debtors, prepayments and deposits 4,520 2,872
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts - 10,060
Trade creditors 9,001 10,081
Amounts owed to group undertakings and undertakings in which the company has a participating interest 30,495 -
Taxation and social security costs 5,802 2,292
Other creditors, loans from shareholder 17,730 43,401
63,028 65,834
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 803,416 803,416
7 Other information
P CHROBAK PROPERTY LTD is a private company limited by shares and incorporated in England. Its registered office is:
238A King Street
London
W6 0RF
P CHROBAK PROPERTY LTD 10523124 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts October 2023 Pawel Chrobak No description of principal activity 10523124 2022-01-01 2022-12-31 10523124 core:WithinOneYear 2022-12-31 10523124 core:AfterOneYear 2022-12-31 10523124 core:ShareCapital 2022-12-31 10523124 core:RetainedEarningsAccumulatedLosses 2022-12-31 10523124 2023-01-01 2023-12-31 10523124 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10523124 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10523124 bus:Director40 2023-01-01 2023-12-31 10523124 1 2023-01-01 2023-12-31 10523124 2 2023-01-01 2023-12-31 10523124 countries:England 2023-01-01 2023-12-31 10523124 bus:FRS102 2023-01-01 2023-12-31 10523124 bus:FullAccounts 2023-01-01 2023-12-31 10523124 2023-12-31 10523124 core:WithinOneYear 2023-12-31 10523124 core:AfterOneYear 2023-12-31 10523124 core:ShareCapital 2023-12-31 10523124 core:RetainedEarningsAccumulatedLosses 2023-12-31 10523124 core:LandBuildings 2023-12-31 10523124 2022-12-31 10523124 core:LandBuildings 2022-12-31 iso4217:GBP xbrli:pure