Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31false2023-01-01Managing and selling developments.44falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11760704 2023-01-01 2023-12-31 11760704 2022-01-01 2022-12-31 11760704 2023-12-31 11760704 2022-12-31 11760704 c:Director1 2023-01-01 2023-12-31 11760704 d:CurrentFinancialInstruments 2023-12-31 11760704 d:CurrentFinancialInstruments 2022-12-31 11760704 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11760704 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11760704 d:ShareCapital 2023-12-31 11760704 d:ShareCapital 2022-12-31 11760704 d:RetainedEarningsAccumulatedLosses 2023-12-31 11760704 d:RetainedEarningsAccumulatedLosses 2022-12-31 11760704 c:OrdinaryShareClass1 2023-01-01 2023-12-31 11760704 c:OrdinaryShareClass1 2023-12-31 11760704 c:OrdinaryShareClass1 2022-12-31 11760704 c:OrdinaryShareClass2 2023-01-01 2023-12-31 11760704 c:OrdinaryShareClass2 2023-12-31 11760704 c:OrdinaryShareClass2 2022-12-31 11760704 c:FRS102 2023-01-01 2023-12-31 11760704 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11760704 c:FullAccounts 2023-01-01 2023-12-31 11760704 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11760704









PIGEON (HEMEL HEMPSTEAD) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
PIGEON (HEMEL HEMPSTEAD) LIMITED
REGISTERED NUMBER: 11760704

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

CURRENT ASSETS
  

Stocks
 4 
9,648,159
9,457,898

Debtors: amounts falling due within one year
 5 
11,866
7,358

Cash at bank and in hand
  
33,271
109,877

  
9,693,296
9,575,133

Creditors: amounts falling due within one year
 6 
(762,731)
(649,839)

NET CURRENT ASSETS
  
 
 
8,930,565
 
 
8,925,294

TOTAL ASSETS LESS CURRENT LIABILITIES
  
8,930,565
8,925,294

  

NET ASSETS
  
8,930,565
8,925,294


CAPITAL AND RESERVES
  

Called up share capital 
 7 
8,936,251
8,936,251

Profit and loss account
  
(5,686)
(10,957)

  
8,930,565
8,925,294


Page 1

 
PIGEON (HEMEL HEMPSTEAD) LIMITED
REGISTERED NUMBER: 11760704
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






W H van Cutsem
Director

Date: 12 September 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
PIGEON (HEMEL HEMPSTEAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


GENERAL INFORMATION

Pigeon (Hemel Hempstead) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The principal trading address is Linden Square, 146 Kings Road, Bury St Edmunds, Suffolk, IP33 3DJ.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

STOCKS

Stocks and work in progress are valued at the lower of cost and net realisable value and represent development property held for resale and costs capitalised and carried forward under ongoing development projects. 
Capitalised development costs are written off to the profit and loss account in the period in which losses are first foreseen.

 
2.3

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

Page 3

 
PIGEON (HEMEL HEMPSTEAD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


STOCKS

2023
2022
£
£

Development property
9,648,159
9,457,898



5.


DEBTORS

2023
2022
£
£


Trade debtors
11,125
-

Other debtors
-
7,032

Prepayments and accrued income
741
326

11,866
7,358



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Trade creditors
2,340
-

Other taxation and social security
242
-

Other creditors
745,000
643,504

Accruals and deferred income
15,149
6,335

762,731
649,839



7.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



848,943,800 (2022 - 848,943,800) Ordinary A shares of £0.01 each
8,489,438
8,489,438
44,681,300 (2022 - 44,681,300) Ordinary B shares of £0.01 each
446,813
446,813

8,936,251

8,936,251


 
Page 4