Company Registration No. 07891900 (England and Wales)
Pery Properties Investment Limited
Unaudited accounts
for the year ended 31 December 2023
Pery Properties Investment Limited
Unaudited accounts
Contents
Pery Properties Investment Limited
Company Information
for the year ended 31 December 2023
Company Number
07891900 (England and Wales)
Registered Office
Brindley Goldstein Limited
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Pery Properties Investment Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Pery Properties Investment Limited for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Pery Properties Investment Limited, as a body, in accordance with the terms of our engagement letter dated 3 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of Pery Properties Investment Limited and state those matters that we have agreed to state to the Board of Directors of Pery Properties Investment Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pery Properties Investment Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pery Properties Investment Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Pery Properties Investment Limited. You consider that Pery Properties Investment Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Pery Properties Investment Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd
Chartered Accountants
103 High Street
Waltham Cross
EN8 7AN
26 September 2024
Pery Properties Investment Limited
Statement of financial position
as at 31 December 2023
Investment property
2,233,000
2,233,000
Cash at bank and in hand
1,073
1,616
Creditors: amounts falling due within one year
(162,694)
(113,806)
Net current liabilities
(161,621)
(112,190)
Total assets less current liabilities
2,071,379
2,120,810
Creditors: amounts falling due after more than one year
(1,245,000)
(1,279,103)
Net assets
826,379
841,707
Called up share capital
100
100
Revaluation reserve
1,295,000
1,295,000
Profit and loss account
(468,721)
(453,393)
Shareholders' funds
826,379
841,707
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2024 and were signed on its behalf by
Mr D. Tamir
Director
Company Registration No. 07891900
Pery Properties Investment Limited
Notes to the Accounts
for the year ended 31 December 2023
Pery Properties Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 07891900. The registered office is Brindley Goldstein Limited, 103 High Street, Waltham Cross, EN8 7AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover represents rent receivable.
Fair value at 1 January 2023
2,233,000
At 31 December 2023
2,233,000
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
33,728
28,829
Taxes and social security
6,259
5,824
Loans from directors
122,707
79,153
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,245,000
1,279,103
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Pery Properties Investment Limited
Notes to the Accounts
for the year ended 31 December 2023
8
Transactions with related parties
The company was under the control of Mr D. Tamir throughout the current year. Mr D. Tamir is personally interested in 100% of the company's share capital.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).