PH PROPERTY GROUP LTD

Company Registration Number:
12432369 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

PH PROPERTY GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PH PROPERTY GROUP LTD

Company Information

for the Period Ended 31 January 2024




Director: Paul Rhys Hutchinson
Registered office: Office 4, Unit C
Hubert Road
Brentwood
England
CM14 4JE
Company Registration Number: 12432369 (England and Wales)

PH PROPERTY GROUP LTD

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The company's principal activity during the period was the management of special purpose vehicles used to purchase and develop residential real estate assets.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Paul Rhys Hutchinson

This report was approved by the board of directors on 29 October 2024
And Signed On Behalf Of The Board By:

Name: Paul Rhys Hutchinson
Status: Director

PH PROPERTY GROUP LTD

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 199,682 -
Cost of sales ( 280,726 ) -
Gross Profit or (Loss) ( 81,044 ) -
Income from coronavirus (COVID-19) business support grants 0 -
Distribution Costs ( 0 ) -
Administrative Expenses ( 250,000 ) -
Other operating income 0 -
Operating Profit or (Loss) ( 331,044 ) -
Interest Receivable and Similar Income 0 -
Interest Payable and Similar Charges ( 650 ) -
Profit or (Loss) Before Tax ( 331,694 ) -
Tax on Profit ( 0 ) -
Profit or (Loss) for Period ( 331,694 ) -

The notes form part of these financial statements

PH PROPERTY GROUP LTD

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 1,248,400 1,248,400
Tangible assets: 5 1,600 1,600
Total fixed assets: 1,250,000 1,250,000
Current assets
Stocks: 0
Debtors: 6 0 385
Cash at bank and in hand: 76,000 59
Total current assets: 76,000 444
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 250,000 ) ( 2,694 )
Net current assets (liabilities): ( 174,000 ) ( 2,250 )
Total assets less current liabilities: 1,076,000 1,247,750
Creditors: amounts falling due after more than one year: 8 ( 0 ) ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 1,076,000 1,247,750

The notes form part of these financial statements

PH PROPERTY GROUP LTD

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,076,000 1,247,750
Revaluation reserve: 9 0 0
Profit and loss account: 0 0
Shareholders funds: 1,076,000 1,247,750

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.

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

This report was approved by the board of directors on 29 October 2024
And Signed On Behalf Of The Board By:

Name: Paul Rhys Hutchinson
Status: Director

The notes form part of these financial statements

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Intangible assets

Other Total
Cost £ £
At 01 February 2023 1,248,400 1,248,400
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 1,248,400 1,248,400
Amortisation
Amortisation at 01 February 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 January 2024 - -
Net book value
Net book value at 31 January 2024 1,248,400 1,248,400
Net book value at 31 January 2023 1,248,400 1,248,400

shareholder capital

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Tangible assets

Motor vehicles Total
Cost £ £
At 01 February 2023 1,600 1,600
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 1,600 1,600
Depreciation
At 01 February 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 January 2024 - -
Net book value
At 31 January 2024 1,600 1,600
At 31 January 2023 1,600 1,600

Mercedes Benz

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Debtors


2024
£

2023
£
Other debtors 0 385
Total 0 385

from previous tax year

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Accruals and deferred income 250,000 2,694
Total 250,000 2,694

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

8.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 0 0
Total 0 0

PH PROPERTY GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

9. Revaluation reserve


2024
£
Balance at 01 February 2023 0
Surplus or deficit after revaluation 0
Balance at 31 January 2024 0