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REGISTERED NUMBER: 11659248 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 November 2023

for

PJB Property Limited

PJB Property Limited (Registered number: 11659248)

Contents of the Financial Statements
For The Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PJB Property Limited

Company Information
For The Year Ended 30 November 2023







DIRECTORS: Mr B O Brock
Mr J P Brock
Mrs P A Bowley





REGISTERED OFFICE: 7 Billing Road
Northampton
NN1 5AN





REGISTERED NUMBER: 11659248 (England and Wales)





ACCOUNTANTS: Harris & Clarke LLP
7 Billing Road
Northampton
NORTHAMPTONSHIRE
NN1 5AN

PJB Property Limited (Registered number: 11659248)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 411,348 411,348

CURRENT ASSETS
Debtors 5 4,603 5,235
Cash at bank and in hand 1,325 4,688
5,928 9,923
CREDITORS
Amounts falling due within one year 6 107,020 84,024
NET CURRENT LIABILITIES (101,092 ) (74,101 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,256

337,247

CREDITORS
Amounts falling due after more than one year 7 284,229 316,784
NET ASSETS 26,027 20,463

PJB Property Limited (Registered number: 11659248)

Balance Sheet - continued
30 November 2023

2023 2022
Notes £    £    £    £   

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings 25,997 20,433
26,027 20,463

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 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.

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 30 August 2024 and were signed on its behalf by:





Mr J P Brock - Director


PJB Property Limited (Registered number: 11659248)

Notes to the Financial Statements
For The Year Ended 30 November 2023


1. STATUTORY INFORMATION

PJB 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.

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 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 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 3 (2022 - NIL ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 411,348
NET BOOK VALUE
At 30 November 2023 411,348
At 30 November 2022 411,348

PJB Property Limited (Registered number: 11659248)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 4,603 5,235

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,922 13,565
Trade creditors 1,223 499
Taxation and social security 1,305 2,533
Other creditors 99,570 67,427
107,020 84,024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 284,229 316,784

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than
5 years by instalments 253,593 241,522
253,593 241,522

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 289,151 330,349