PULDOM PROPERTIES LTD
REGISTERED NUMBER: 13121997
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024
Directors' benefits: advances, credits and guarantees
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Included within creditors is an amount of £270 (2023 : £150) owed to U Icheke, a director. The loan is unsecured, repayable on demand and no interest had been charged.
U Icheke has given personal guarantees on borrowings received in favour of Kensington Mortgage Company Ltd, Paragon Bank PLC and OneSavings Bank PLC.
Charges on assets
The company had bank loans totalling £254,585 (2023 : £160,472) which are secured. The bank loans are secured with fixed charges and negative pledges over the assets of the company.
Director's confirmations
The Director considers 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 Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the 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:
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