REGISTERED NUMBER: |
PAVENS PROPERTIES LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JULY 2023 TO 31 AUGUST 2024 |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
PAVENS PROPERTIES LIMITED (REGISTERED NUMBER: 06623799) |
BALANCE SHEET - continued |
31 August 2024 |
2024 | 2023 |
Notes | £ | £ |
CAPITAL AND RESERVES |
Called up share capital |
Unrealised Revaluation Reserve | 8 |
Retained earnings | 8 |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rental income receivable in the period, together with other charges to tenants. |
Tangible fixed assets |
Plant and machinery etc | - |
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 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 July 2023 |
Additions |
At 31 August 2024 |
DEPRECIATION |
At 1 July 2023 |
Charge for period |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 30 June 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 July 2023 |
Additions |
Disposals | ( |
) |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 30 June 2023 |
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 |
Directors' loan accounts | - | 4,894 |
Accruals and deferred income |
8. | RESERVES |
Unrealised |
Retained | Revaluation |
earnings | Reserve | Totals |
£ | £ | £ |
At 1 July 2023 | 451,966 |
Deficit for the period | ( |
) | ( |
) |
Transfers to other reserves | 156,237 | (156,237 | ) | - |
At 31 August 2024 | 352,396 |