PSI REAL ESTATE LTD

Company Registration Number:
13167765 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

PSI REAL ESTATE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

PSI REAL ESTATE LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Called up share capital not paid: 6,187 6,187
Fixed assets
Intangible assets: 3 8,728,277 3,854,234
Tangible assets: 4 11,938,848 7,287,204
Investments: 5 4,018,848 2,153,222
Total fixed assets: 24,685,973 13,294,660
Current assets
Stocks: 4,982,784 1,486,222
Debtors: 6 4,988,498 1,722,303
Cash at bank and in hand: 3,078,848 2,048,244
Investments: 7 3,088,599 1,081,325
Total current assets: 16,138,729 6,338,094
Creditors: amounts falling due within one year:   (301,884) (121,443)
Net current assets (liabilities): 15,836,845 6,216,651
Total assets less current liabilities: 40,529,005 19,517,498
Creditors: amounts falling due after more than one year:   (620,938) (174,900)
Provision for liabilities: (109,392) (210,500)
Total net assets (liabilities): 39,798,675 19,132,098
Capital and reserves
Called up share capital: 6,187 6,187
Share premium account: 37,943,965 18,013,774
Revaluation reserve:8827,895788,232
Other reserves: 936,844 316,783
Profit and loss account: 83,784 7,122
Shareholders funds: 39,798,675 19,132,098

The notes form part of these financial statements

PSI REAL ESTATE LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 October 2024
and signed on behalf of the board by:

Name: PATRICK HUNZIKER
Status: Director

The notes form part of these financial statements

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 39 26

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Intangible Assets

Total
Cost £
At 01 February 2023 3,854,234
Additions 4,874,043
Disposals (927,844)
Revaluations 208,855
Transfers 718,989
At 31 January 2024 8,728,277
Amortisation
At 01 February 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 January 2024 0
Net book value
At 31 January 2024 8,728,277
At 31 January 2023 3,854,234

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 7,287,204
Additions 1,877,483
Disposals (927,842)
Revaluations 1,592,166
Transfers 2,109,837
At 31 January 2024 11,938,848
Depreciation
At 01 February 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 January 2024 0
Net book value
At 31 January 2024 11,938,848
At 31 January 2023 7,287,204

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Fixed investments

Miller Intermediate Bond I (MIFIX) stock See full description on full annual accounts.

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Debtors

2024 2023
££
Debtors due after more than one year: 1,977,442 827,742

PSI19774.8 - current PSI 82774.7 - current PSI2984884.8 - current PSI 8278488.7 future PSI 82674.76 - future PSI 194788.65 current PSI 82675.65 future

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7. Current investments

Alliant Credit Union - 827,826 US Dollars EverBank - 639,862 US Dollars

PSI REAL ESTATE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

8. Revaluation reserve

2024
£
Balance at 01 February 2023 788,232
Surplus or deficit after revaluation 39,663
Balance at 31 January 2024 827,895