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REGISTERED NUMBER: 07450474 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

PET PROPERTY PROJECTS LIMITED

PET PROPERTY PROJECTS LIMITED (REGISTERED NUMBER: 07450474)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PET PROPERTY PROJECTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mrs S D Burr
R C Burr





REGISTERED OFFICE: 1st Floor, Catherine House
Adelaide Street
St. Albans
Hertfordshire
AL3 5BA





REGISTERED NUMBER: 07450474 (England and Wales)





ACCOUNTANTS: Lovetts Accountants Limited
Bridge House
25 Fiddlebridge Lane
Hatfield
Hertfordshire
AL10 0SP

PET PROPERTY PROJECTS LIMITED (REGISTERED NUMBER: 07450474)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,227 -
Investments 5 15,375 15,375
16,602 15,375

CURRENT ASSETS
Debtors 6 1,618,971 3,674,664
Cash at bank 216 25,416
1,619,187 3,700,080
CREDITORS
Amounts falling due within one year 7 606,699 2,579,415
NET CURRENT ASSETS 1,012,488 1,120,665
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,029,090

1,136,040

CREDITORS
Amounts falling due after more than one
year

8

11,667

22,971
NET ASSETS 1,017,423 1,113,069

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,017,323 1,112,969
SHAREHOLDERS' FUNDS 1,017,423 1,113,069

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

PET PROPERTY PROJECTS LIMITED (REGISTERED NUMBER: 07450474)

BALANCE SHEET - continued
31 March 2024


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 24 September 2024 and were signed on its behalf by:





R C Burr - Director


PET PROPERTY PROJECTS LIMITED (REGISTERED NUMBER: 07450474)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Pet Property Projects 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on cost

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 2 (2023 - 2 ) .

PET PROPERTY PROJECTS LIMITED (REGISTERED NUMBER: 07450474)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 1,378
At 31 March 2024 1,378
DEPRECIATION
Charge for year 151
At 31 March 2024 151
NET BOOK VALUE
At 31 March 2024 1,227

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 15,375
NET BOOK VALUE
At 31 March 2024 15,375
At 31 March 2023 15,375

6. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 15,973 -
Other debtors - 114
15,973 114

Amounts falling due after more than one year:
Amounts owed by group undertakings 1,602,998 3,674,550

Aggregate amounts 1,618,971 3,674,664

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 9,900
Trade creditors 1,688 2,540
Taxation and social security 35,377 28,047
Other creditors 559,634 2,538,928
606,699 2,579,415

PET PROPERTY PROJECTS LIMITED (REGISTERED NUMBER: 07450474)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,667 22,971