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Pear Tree Ventures Limited

Financial Statements for the Year Ended 29 February 2024






Pear Tree Ventures Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: C Bowring
L Bowring





SECRETARY: L Bowring





REGISTERED OFFICE: Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA





REGISTERED NUMBER: 06090167 (England and Wales)





ACCOUNTANTS: BPU Limited
Chartered Accountants
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Pear Tree Ventures Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pear Tree Ventures Limited for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Pear Tree Ventures Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pear Tree Ventures Limited and state those matters that we have agreed to state to the Board of Directors of Pear Tree Ventures Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pear Tree Ventures Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pear Tree Ventures Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pear Tree Ventures Limited. You consider that Pear Tree Ventures Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pear Tree Ventures Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






BPU Limited
Chartered Accountants


11 November 2024

Pear Tree Ventures Limited (Registered number: 06090167)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 32 40
Investment property 4 450,000 450,000
450,032 450,040

CURRENT ASSETS
Cash at bank and in hand 50,921 51,814

CREDITORS
Amounts falling due within one year 5 27,563 29,755
NET CURRENT ASSETS 23,358 22,059
TOTAL ASSETS LESS CURRENT
LIABILITIES

473,390

472,099

CAPITAL AND RESERVES
Called up share capital 400,050 400,050
Share premium 38,340 38,340
Non Distributable Reserves 25,000 25,000
Retained earnings 10,000 8,709
SHAREHOLDERS' FUNDS 473,390 472,099

Pear Tree Ventures Limited (Registered number: 06090167)

Balance Sheet - continued
29 February 2024


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

The members have not required the company to obtain an audit of its financial statements for the year 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.

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 Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:





L Bowring - Director


Pear Tree Ventures Limited (Registered number: 06090167)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. 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 represents the income receivable from property rental.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% reducing balance

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.

Pension costs
The company operates a defined contribution pension scheme. The scheme and its assets are held by independent managers. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Pear Tree Ventures Limited (Registered number: 06090167)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


3. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2023
and 29 February 2024 1,528
DEPRECIATION
At 1 March 2023 1,488
Charge for year 8
At 29 February 2024 1,496
NET BOOK VALUE
At 29 February 2024 32
At 28 February 2023 40

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 450,000
NET BOOK VALUE
At 29 February 2024 450,000
At 28 February 2023 450,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxes & social security costs 1,707 1,964
Other creditors & accruals 25,856 27,791
27,563 29,755