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REGISTERED NUMBER: 08212908 (England and Wales)















PJT PROPERTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






PJT PROPERTY LIMITED (REGISTERED NUMBER: 08212908)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


PJT PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: Mr P.J. Temme





REGISTERED OFFICE: 8 Prospect Place
East Pimbo Industrial Estate
Skelmersdale
Lancashire
WN8 9QD





REGISTERED NUMBER: 08212908 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PJT PROPERTY LIMITED (REGISTERED NUMBER: 08212908)


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PJT Property Limited for the year ended 30 June 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of PJT Property Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PJT Property Limited and state those matters that we have agreed to state to the director of PJT Property Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PJT Property Limited and its director for our work or for this report.

It is your duty to ensure that PJT Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PJT Property Limited. You consider that PJT Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PJT Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


28 March 2024

PJT PROPERTY LIMITED (REGISTERED NUMBER: 08212908)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 407 763
Investment property 5 500,000 500,000
500,407 500,763

CURRENT ASSETS
Cash at bank 475 2,613

CREDITORS
Amounts falling due within one year 6 209,075 202,808
NET CURRENT LIABILITIES (208,600 ) (200,195 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,807

300,568

CREDITORS
Amounts falling due after more than one year 7 (126,074 ) (135,654 )

PROVISIONS FOR LIABILITIES (7,046 ) (7,114 )
NET ASSETS 158,687 157,800

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 57,903 57,903
Retained earnings 100,684 99,797
SHAREHOLDERS' FUNDS 158,687 157,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PJT PROPERTY LIMITED (REGISTERED NUMBER: 08212908)

STATEMENT OF FINANCIAL POSITION - continued
30 JUNE 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 director and authorised for issue on 28 March 2024 and were signed by:





Mr P.J. Temme - Director


PJT PROPERTY LIMITED (REGISTERED NUMBER: 08212908)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

PJT Property Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net sales of goods/services, excluding value added tax

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Computer equipment - 33% on reducing balance

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.

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

PJT PROPERTY LIMITED (REGISTERED NUMBER: 08212908)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 4,022 1,352 5,374
DEPRECIATION
At 1 July 2022 3,866 745 4,611
Charge for year 156 200 356
At 30 June 2023 4,022 945 4,967
NET BOOK VALUE
At 30 June 2023 - 407 407
At 30 June 2022 156 607 763

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022
and 30 June 2023 500,000
NET BOOK VALUE
At 30 June 2023 500,000
At 30 June 2022 500,000

Fair value at 30 June 2023 is represented by:
£   
Valuation in 2019 64,872
Valuation in 2020 20,000
Cost 415,128
500,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 11,364 12,030
Taxation and social security 7,587 6,269
Other creditors 190,124 184,509
209,075 202,808

PJT PROPERTY LIMITED (REGISTERED NUMBER: 08212908)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 126,074 135,654

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 84,795 83,934

8. RESERVES
Fair
value
reserve
£   
At 1 July 2022
and 30 June 2023 57,903

9. ULTIMATE CONTROLLING PARTY

The control of the company is exercised by Mr P. J. Temme by virtue of his shareholdings.