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REGISTERED NUMBER: 12395565 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

PAMPISFORD ROAD LTD

PAMPISFORD ROAD LTD (REGISTERED NUMBER: 12395565)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


PAMPISFORD ROAD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr M Mehta





REGISTERED OFFICE: 505 Pinner Road
Harrow
United Kingdom
Middlesex
HA2 6EH





REGISTERED NUMBER: 12395565 (England and Wales)





ACCOUNTANTS: STGCA LLP t/a Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH

PAMPISFORD ROAD LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
PAMPISFORD ROAD LTD


The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






STGCA LLP t/a Sterling
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


19 November 2024

PAMPISFORD ROAD LTD (REGISTERED NUMBER: 12395565)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 380,000 -

CURRENT ASSETS
Inventories 5 - 2,688,253
Debtors 6 - 15,001
Cash at bank and in hand 3,077 391
3,077 2,703,645
CREDITORS
Amounts falling due within one year 7 280,464 2,718,101
NET CURRENT LIABILITIES (277,387 ) (14,456 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

102,613

(14,456

)

PROVISIONS FOR LIABILITIES 9 5,550 -
NET ASSETS/(LIABILITIES) 97,063 (14,456 )

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 10 23,662 -
Retained earnings 10 73,400 (14,457 )
SHAREHOLDERS' FUNDS 97,063 (14,456 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

PAMPISFORD ROAD LTD (REGISTERED NUMBER: 12395565)

BALANCE SHEET - continued
31 MARCH 2023


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 19 November 2024 and were signed by:





Mr M Mehta - Director


PAMPISFORD ROAD LTD (REGISTERED NUMBER: 12395565)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Pampisford Road 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents revenue recognised by the company in respect of property sales, exclusive of VAT.

Turnover is recognised when the company has a right to consideration.

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.

Stocks
Property work in progress is valued at the lower of cost and net realisable less cost to sell.

Cost for this purpose comprises the purchase of land and buildings, development expenditure and overheads.

In considering the net realisable value of land and properties it is assumed that the development will be
completed and sold in the ordinary course of the company's business.

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.

PAMPISFORD ROAD LTD (REGISTERED NUMBER: 12395565)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 350,788
Revaluations 29,212
At 31 March 2023 380,000
NET BOOK VALUE
At 31 March 2023 380,000

In the opinion of the director the fair value of the investment properties as at 31 March 2023 is not significantly different to that stated above.

5. INVENTORIES
2023 2022
£    £   
Development properties - 2,688,253

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by connected companies - 15,000
Other debtors - 1
- 15,001

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans - 1,846,892
Trade creditors 80,000 -
Amounts owed to connected companies 177,881 789,098
Tax 17,217 -
Other creditors 2,846 -
Accrued expenses 2,520 82,111
280,464 2,718,101

PAMPISFORD ROAD LTD (REGISTERED NUMBER: 12395565)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other loan - 1,846,892

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 5,550 -

Deferred
tax
£   
Provided during year 5,550
Balance at 31 March 2023 5,550

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2022 (14,457 ) - (14,457 )
Profit for the year 111,519 111,519
Fair value adjustment (23,662 ) 23,662 -
At 31 March 2023 73,400 23,662 97,062

Retained earnings is made of undistributable profit and loss reserves of £23,662 (2022: £NIL).

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

12. ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Emperor Development (Group) Limited, a company registered in England and
Wales.

The director is the ultimate controller by virtue of his shareholding in Emperor Development (Group) Limited.