PIP PROPERTY LIMITED

Company Registration Number:
00623512 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PIP PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

PIP PROPERTY LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 452,000 25,805
Total fixed assets: 452,000 25,805
Current assets
Debtors:   24,476 12,445
Cash at bank and in hand: 100 50
Investments:   1 1
Total current assets: 24,577 12,496
Creditors: amounts falling due within one year:   (2,778) (2,660)
Net current assets (liabilities): 21,799 9,836
Total assets less current liabilities: 473,799 35,641
Creditors: amounts falling due after more than one year:   (396) 0
Total net assets (liabilities): 473,403 35,641
Capital and reserves
Called up share capital: 4,500 4,500
Share premium account: 5,553 5,553
Revaluation reserve:4426,1950
Profit and loss account: 37,155 25,588
Shareholders funds: 473,403 35,641

The notes form part of these financial statements

PIP PROPERTY LIMITED

Balance sheet statements

For the year ending 31 March 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 30 October 2024
and signed on behalf of the board by:

Name: C Wing
Status: Director

The notes form part of these financial statements

PIP PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

PIP PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

PIP PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 25,805
Revaluations 426,195
At 31 March 2024 452,000
Depreciation
At 01 April 2023 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 March 2024 0
Net book value
At 31 March 2024 452,000
At 31 March 2023 25,805

PIP PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Revaluation reserve

2024
£
Balance at 01 April 2023 0
Surplus or deficit after revaluation 426,195
Balance at 31 March 2024 426,195