IRIS Accounts Production v24.3.0.553 14649693 Board of Directors 8.2.23 29.2.24 29.2.24 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146496932023-02-07146496932024-02-29146496932023-02-082024-02-29146496932023-02-0714649693ns15:EnglandWales2023-02-082024-02-2914649693ns14:PoundSterling2023-02-082024-02-2914649693ns10:Director12023-02-082024-02-2914649693ns10:PrivateLimitedCompanyLtd2023-02-082024-02-2914649693ns10:SmallEntities2023-02-082024-02-2914649693ns10:AuditExempt-NoAccountantsReport2023-02-082024-02-2914649693ns10:SmallCompaniesRegimeForDirectorsReport2023-02-082024-02-2914649693ns10:SmallCompaniesRegimeForAccounts2023-02-082024-02-2914649693ns10:AbridgedAccounts2023-02-082024-02-2914649693ns10:Director22023-02-082024-02-2914649693ns10:RegisteredOffice2023-02-082024-02-2914649693ns5:CurrentFinancialInstruments2024-02-2914649693ns5:Non-currentFinancialInstruments2024-02-2914649693ns5:ShareCapital2024-02-2914649693ns5:RetainedEarningsAccumulatedLosses2024-02-2914649693ns5:FurnitureFittings2023-02-082024-02-29
REGISTERED NUMBER: 14649693 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 8 FEBRUARY 2023 TO 29 FEBRUARY 2024

FOR

P5HOMES LTD

P5HOMES LTD (REGISTERED NUMBER: 14649693)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 FEBRUARY 2023 TO 29 FEBRUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


P5HOMES LTD

COMPANY INFORMATION
FOR THE PERIOD 8 FEBRUARY 2023 TO 29 FEBRUARY 2024







DIRECTORS: MISS P SARMA
Mrs P Sarma





REGISTERED OFFICE: 122 Bushey Mill Lane
Watford
WD24 7PB





REGISTERED NUMBER: 14649693 (England and Wales)





ACCOUNTANTS: Param & Company Ltd
1st Floor
44 - 50 The Broadway
Southall
Middlesex
UB1 1QB

P5HOMES LTD (REGISTERED NUMBER: 14649693)

ABRIDGED BALANCE SHEET
29 FEBRUARY 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,000
Investment property 5 675,800
679,800

CURRENT ASSETS
Debtors 17,769
Cash at bank 5,536
23,305
CREDITORS
Amounts falling due within one year 303,580
NET CURRENT LIABILITIES (280,275 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

399,525

CREDITORS
Amounts falling due after more than one
year

396,415
NET ASSETS 3,110

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 3,109
3,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

P5HOMES LTD (REGISTERED NUMBER: 14649693)

ABRIDGED BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





Mrs P Sarma - Director


P5HOMES LTD (REGISTERED NUMBER: 14649693)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 8 FEBRUARY 2023 TO 29 FEBRUARY 2024

1. STATUTORY INFORMATION

P5homes Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 5,000
At 29 February 2024 5,000
DEPRECIATION
Charge for period 1,000
At 29 February 2024 1,000
NET BOOK VALUE
At 29 February 2024 4,000

P5HOMES LTD (REGISTERED NUMBER: 14649693)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 8 FEBRUARY 2023 TO 29 FEBRUARY 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 675,800
At 29 February 2024 675,800
NET BOOK VALUE
At 29 February 2024 675,800