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REGISTERED NUMBER: 10429715 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

PJES Properties Limited

PJES Properties Limited (Registered number: 10429715)






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


PJES Properties Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S Chapman





REGISTERED OFFICE: Flat 4.1 Alaska Buildings
Grange Road
London
SE1 3BA





REGISTERED NUMBER: 10429715 (England and Wales)





ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA

PJES Properties Limited (Registered number: 10429715)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 385,870 385,870

CURRENT ASSETS
Debtors 5 5,500 2,500
Cash at bank and in hand 134 3,705
5,634 6,205
CREDITORS
Amounts falling due within one year 6 40,944 43,641
NET CURRENT LIABILITIES (35,310 ) (37,436 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

350,560

348,434

CREDITORS
Amounts falling due after more than one
year

7

(255,185

)

(263,805

)

PROVISIONS FOR LIABILITIES (4,750 ) (4,750 )
NET ASSETS 90,625 79,879

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 90,525 79,779
SHAREHOLDERS' FUNDS 90,625 79,879

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 director acknowledges his 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.

PJES Properties Limited (Registered number: 10429715)

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 director and authorised for issue on 17 October 2024 and were signed by:





S Chapman - Director


PJES Properties Limited (Registered number: 10429715)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

PJES Properties 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.

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 NIL (2023 - NIL).

PJES Properties Limited (Registered number: 10429715)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 385,870
NET BOOK VALUE
At 31 March 2024 385,870
At 31 March 2023 385,870

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 5,500 2,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 24,734 23,027
Amounts owed to group undertakings 13,663 18,127
Taxation and social security 2,521 2,487
Other creditors 26 -
40,944 43,641

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 211,724 219,344
Other creditors 43,461 44,461
255,185 263,805

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 211,724 219,344