IRIS Accounts Production v24.2.0.383 06623799 Board of Directors Board of Directors 1.7.23 31.8.24 31.8.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh066237992023-06-30066237992024-08-31066237992023-07-012024-08-31066237992022-06-30066237992022-07-012023-06-30066237992023-06-3006623799ns15:EnglandWales2023-07-012024-08-3106623799ns14:PoundSterling2023-07-012024-08-3106623799ns10:Director12023-07-012024-08-3106623799ns10:Director22023-07-012024-08-3106623799ns10:PrivateLimitedCompanyLtd2023-07-012024-08-3106623799ns10:SmallEntities2023-07-012024-08-3106623799ns10:AuditExempt-NoAccountantsReport2023-07-012024-08-3106623799ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-08-3106623799ns10:SmallCompaniesRegimeForAccounts2023-07-012024-08-3106623799ns10:FullAccounts2023-07-012024-08-3106623799ns10:Director32023-07-012024-08-3106623799ns10:Director42023-07-012024-08-3106623799ns10:Director52023-07-012024-08-3106623799ns10:Director62023-07-012024-08-3106623799ns10:Director72023-07-012024-08-3106623799ns10:Director82023-07-012024-08-3106623799ns10:RegisteredOffice2023-07-012024-08-3106623799ns5:CurrentFinancialInstruments2024-08-3106623799ns5:CurrentFinancialInstruments2023-06-3006623799ns5:ShareCapital2024-08-3106623799ns5:ShareCapital2023-06-3006623799ns5:RevaluationReserve2024-08-3106623799ns5:RevaluationReserve2023-06-3006623799ns5:RetainedEarningsAccumulatedLosses2024-08-3106623799ns5:RetainedEarningsAccumulatedLosses2023-06-3006623799ns5:PlantMachinery2023-07-012024-08-3106623799ns5:PlantMachinery2023-06-3006623799ns5:PlantMachinery2024-08-3106623799ns5:PlantMachinery2023-06-3006623799ns5:RetainedEarningsAccumulatedLosses2023-06-3006623799ns5:RevaluationReserve2023-06-3006623799ns5:RetainedEarningsAccumulatedLosses2023-07-012024-08-31
REGISTERED NUMBER: 06623799 (England and Wales)












PAVENS PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 31 AUGUST 2024






PAVENS PROPERTIES LIMITED (REGISTERED NUMBER: 06623799)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 July 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAVENS PROPERTIES LIMITED

COMPANY INFORMATION
for the period 1 July 2023 to 31 August 2024







DIRECTORS: P J Turley
N A Menzier
Dr S F Alam
V V Belur
Dr P A F Greatrex
S J P Nel
P Thakral
A Ryan





REGISTERED OFFICE: Fern House
Barkham Road
Barkham
Wokingham
Berkshire
RG41 4TG





REGISTERED NUMBER: 06623799 (England and Wales)





ACCOUNTANTS: Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT

PAVENS PROPERTIES LIMITED (REGISTERED NUMBER: 06623799)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 1,387
Investment property 5 - 475,000
- 476,387

CURRENT ASSETS
Debtors 6 - 4,126
Cash at bank 362,396 8,576
362,396 12,702
CREDITORS
Amounts falling due within one year 7 (9,000 ) (16,067 )
NET CURRENT ASSETS/(LIABILITIES) 353,396 (3,365 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

353,396

473,022

PROVISIONS FOR LIABILITIES - (20,056 )
NET ASSETS 353,396 452,966

PAVENS PROPERTIES LIMITED (REGISTERED NUMBER: 06623799)

BALANCE SHEET - continued
31 August 2024

2024 2023
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Unrealised Revaluation Reserve 8 - 156,237
Retained earnings 8 352,396 295,729
SHAREHOLDERS' FUNDS 353,396 452,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 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 17 September 2024 and were signed on its behalf by:




A Ryan - Director



P J Turley - Director


PAVENS PROPERTIES LIMITED (REGISTERED NUMBER: 06623799)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 July 2023 to 31 August 2024

1. STATUTORY INFORMATION

Pavens Properties 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 represents rental income receivable in the period, together with other charges to tenants.

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 etc - 25% on cost

Investment property
Investment property is shown at the most recent directors' valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

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.

PAVENS PROPERTIES LIMITED (REGISTERED NUMBER: 06623799)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 July 2023 to 31 August 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 1,849
Additions 325
At 31 August 2024 2,174
DEPRECIATION
At 1 July 2023 462
Charge for period 1,712
At 31 August 2024 2,174
NET BOOK VALUE
At 31 August 2024 -
At 30 June 2023 1,387

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 475,000
Additions 2,973
Disposals (477,973 )
At 31 August 2024 -
NET BOOK VALUE
At 31 August 2024 -
At 30 June 2023 475,000

PAVENS PROPERTIES LIMITED (REGISTERED NUMBER: 06623799)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 July 2023 to 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 4,126

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes - 119
Directors' loan accounts - 4,894
Accruals and deferred income 9,000 11,054
9,000 16,067

8. RESERVES
Unrealised
Retained Revaluation
earnings Reserve Totals
£    £    £   

At 1 July 2023 295,729 156,237 451,966
Deficit for the period (99,570 ) (99,570 )
Transfers to other reserves 156,237 (156,237 ) -
At 31 August 2024 352,396 - 352,396