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REGISTERED NUMBER: 12485453 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

PYROLITE INVESTMENTS LTD

PYROLITE INVESTMENTS LTD (REGISTERED NUMBER: 12485453)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PYROLITE INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr P Tsoukkas
Mr P Tsoukkas





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 12485453 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

PYROLITE INVESTMENTS LTD (REGISTERED NUMBER: 12485453)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 290,000 290,000

CURRENT ASSETS
Debtors 5 71,243 71,243
Cash at bank 68,127 2,341
139,370 73,584
CREDITORS
Amounts falling due within one year 6 144,806 142,853
NET CURRENT LIABILITIES (5,436 ) (69,269 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,564

220,731

CREDITORS
Amounts falling due after more than one
year

7

(243,280

)

(174,398

)

PROVISIONS FOR LIABILITIES 8 (11,397 ) (8,662 )
NET ASSETS 29,887 37,671

CAPITAL AND RESERVES
Called up share capital 9 200 200
Special reserve 34,192 36,927
Retained earnings (4,505 ) 544
SHAREHOLDERS' FUNDS 29,887 37,671

PYROLITE INVESTMENTS LTD (REGISTERED NUMBER: 12485453)

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 21 November 2024 and were signed on its behalf by:





Mr P Tsoukkas - Director


PYROLITE INVESTMENTS LTD (REGISTERED NUMBER: 12485453)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. STATUTORY INFORMATION

Pyrolite Investments 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 March 2023
and 29 February 2024 290,000
Net book value
At 29 February 2024 290,000
At 28 February 2023 290,000

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2023 45,589
Cost 244,411
290,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Amounts owed by associates 71,243 71,243

PYROLITE INVESTMENTS LTD (REGISTERED NUMBER: 12485453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other creditors 144,806 142,853

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Other creditors 243,280 174,398

8. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 11,397 8,662

Deferred
tax
£   
Balance at 1 March 2023 8,662
Provided during year 2,735
Balance at 29 February 2024 11,397

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary A Shares £1 100 100
100 Ordinary B Shares £1 100 100
200 200