REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 |
FOR |
PITTVILLE PROPERTIES LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023 |
FOR |
PITTVILLE PROPERTIES LIMITED |
PITTVILLE PROPERTIES LIMITED (REGISTERED NUMBER: 06539305) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2023 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
PITTVILLE PROPERTIES LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
6 Manor Park Business Centre |
Mackenzie Way |
Cheltenham |
Gloucestershire |
GL51 9TX |
PITTVILLE PROPERTIES LIMITED (REGISTERED NUMBER: 06539305) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
31 AUGUST 2023 |
31.8.23 | 31.8.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
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 |
PITTVILLE PROPERTIES LIMITED (REGISTERED NUMBER: 06539305) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2023 |
1. | STATUTORY INFORMATION |
Pittville Properties Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going concern |
At the year-end the company had net liabilities and net current liabilities, and was reliant on the ongoing support of its director in not withdrawing the money that he has advanced to the company as working capital. The director has agreed that he will not withdraw his advance to the detriment of other unsecured creditors. As a result the director considers that it is appropriate to draw up the financial statements on the basis that the company is a going concern. |
Turnover |
Turnover represents rents and service charges receivable from tenants during the year. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.23 | 31.8.22 |
value: | £ | £ |
Ordinary shares | £1 | 2 | 2 |
PITTVILLE PROPERTIES LIMITED (REGISTERED NUMBER: 06539305) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2023 |
5. | RELATED PARTY DISCLOSURES |
Crystalight Limited |
Company under common control |
The related party has advanced money to this company as working capital and collects rents on its behalf. At the year end £4,797 (2022: due from £1,101) was due to the related party and is shown in 'other creditors' in these financial statements. This debt is unsecured; no terms of interest or repayment have been agreed. |
Abbey College in Malvern Limited |
Company under common control |
The related party has advanced money to this company as working capital. At the year end £9,674 (2022: due to £8,326) was due from the related party, which is shown in 'other debtors' in these financial statements. This debt is unsecured; no terms of interest or repayment have been agreed. |
H Kaveh Baghbadrani |
Sole director |
The director has advanced funds to the company as working capital. At the year end there was a balance owing to the director of £4,450 (2022: £4,450). This debt is unsecured; no terms of interest or repayment have been agreed. |
6. | FREEHOLD PROPERTY |
Pittville Properties Limited owns the freehold to the properties that it manages. No value has been included in these financial statements, as the value of the freehold is deemed by the director to be immaterial and unascertainable. |