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REGISTERED NUMBER: 14193545 (England and Wales)















Unaudited Financial Statements

for the Period 24 June 2022 to 31 August 2023

for

Partnership Property Investments Ltd

Partnership Property Investments Ltd (Registered number: 14193545)






Contents of the Financial Statements
for the Period 24 June 2022 to 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Partnership Property Investments Ltd

Company Information
for the Period 24 June 2022 to 31 August 2023







DIRECTORS: J Matthews
A R Bongirwar





REGISTERED OFFICE: Northfield House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4UA





REGISTERED NUMBER: 14193545 (England and Wales)





ACCOUNTANTS: ARC & Co. Accountants Limited
Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA

Partnership Property Investments Ltd (Registered number: 14193545)

Balance Sheet
31 August 2023

Notes £    £   
FIXED ASSETS
Investment property 4 77,130

CURRENT ASSETS
Stocks 5 17,388
Debtors 6 25,796
Cash at bank 55,177
98,361
CREDITORS
Amounts falling due within one year 7 125,257
NET CURRENT LIABILITIES (26,896 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,234

CREDITORS
Amounts falling due after more than one
year

8

44,750
NET ASSETS 5,484

CAPITAL AND RESERVES
Called up share capital 10 100
Retained earnings 11 5,384
SHAREHOLDERS' FUNDS 5,484

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

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

Partnership Property Investments Ltd (Registered number: 14193545)

Balance Sheet - continued
31 August 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 18 February 2024 and were signed on its behalf by:





A R Bongirwar - Director


Partnership Property Investments Ltd (Registered number: 14193545)

Notes to the Financial Statements
for the Period 24 June 2022 to 31 August 2023

1. STATUTORY INFORMATION

Partnership Property Investments 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Partnership Property Investments Ltd (Registered number: 14193545)

Notes to the Financial Statements - continued
for the Period 24 June 2022 to 31 August 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 77,130
At 31 August 2023 77,130
NET BOOK VALUE
At 31 August 2023 77,130

5. STOCKS
£   
Work-in-progress 17,388

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 24,597
Other debtors 1,199
25,796

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other loans (see note 9) 35,000
Trade creditors 3,566
Tax 1,263
Directors' current accounts 36,869
Accruals and deferred income 45,067
Accrued expenses 3,492
125,257

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other loans 44,750

9. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Other loans 35,000

Partnership Property Investments Ltd (Registered number: 14193545)

Notes to the Financial Statements - continued
for the Period 24 June 2022 to 31 August 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

11. RESERVES
Retained
earnings
£   

Profit for the period 5,384
At 31 August 2023 5,384