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REGISTERED NUMBER: 11666405 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

PCH Property Holdings Ltd

PCH Property Holdings Ltd (Registered number: 11666405)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


PCH Property Holdings Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: C M Pickering





REGISTERED OFFICE: 23 Woodland Road
Darlington
Co. Durham
DL3 7BJ





REGISTERED NUMBER: 11666405 (England and Wales)





ACCOUNTANTS: Chrichard & Co
23 Woodland Road
Darlington
Co. Durham
DL3 7BJ

PCH Property Holdings Ltd (Registered number: 11666405)

Abridged Statement of Financial Position
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 682,092 590,000

CURRENT ASSETS
Cash at bank 78,056 110,151

CREDITORS
Amounts falling due within one year 631,603 582,712
NET CURRENT LIABILITIES (553,547 ) (472,561 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,545

117,439

CREDITORS
Amounts falling due after more than one
year

(16,107

)

(14,175

)

PROVISIONS FOR LIABILITIES (16,379 ) (15,049 )
NET ASSETS 96,059 88,215

CAPITAL AND RESERVES
Called up share capital 6 1 1
Fair value reserve 7 86,208 79,208
Retained earnings 9,850 9,006
SHAREHOLDERS' FUNDS 96,059 88,215

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

PCH Property Holdings Ltd (Registered number: 11666405)

Abridged Statement of Financial Position - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 August 2024 and were signed by:





C M Pickering - Director


PCH Property Holdings Ltd (Registered number: 11666405)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

PCH Property Holdings 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 as modified by the revaluation of certain assets.

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.

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 ) .

PCH Property Holdings Ltd (Registered number: 11666405)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 590,000
Additions 85,092
Revaluations 7,000
At 30 November 2023 682,092
NET BOOK VALUE
At 30 November 2023 682,092
At 30 November 2022 590,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2023 682,092

5. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 456,370 395,869

Paragon Bank PLC and West Bromwich Commercial Limited have charges registered over the fixed asset investment properties.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1.00 1 1

7. RESERVES
Fair
value
reserve
£   
At 1 December 2022 79,208
Fair value transfer 7,000

At 30 November 2023 86,208