Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-282024-02-282falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-03-01No description of principal activitytruefalse2true 11214298 2023-03-01 2024-02-28 11214298 2022-03-01 2023-02-28 11214298 2024-02-28 11214298 2023-02-28 11214298 c:Director1 2023-03-01 2024-02-28 11214298 d:CurrentFinancialInstruments 2024-02-28 11214298 d:CurrentFinancialInstruments 2023-02-28 11214298 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-28 11214298 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 11214298 d:ShareCapital 2024-02-28 11214298 d:ShareCapital 2023-02-28 11214298 c:OrdinaryShareClass1 2023-03-01 2024-02-28 11214298 c:OrdinaryShareClass1 2024-02-28 11214298 c:OrdinaryShareClass1 2023-02-28 11214298 c:FRS102 2023-03-01 2024-02-28 11214298 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 11214298 c:FullAccounts 2023-03-01 2024-02-28 11214298 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 11214298 e:PoundSterling 2023-03-01 2024-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11214298









PEASE HILL PROPERTY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2024

 
PEASE HILL PROPERTY LIMITED
REGISTERED NUMBER: 11214298

BALANCE SHEET
AS AT 28 FEBRUARY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
590,329
564,422

  
590,329
564,422

Creditors: amounts falling due within one year
 4 
(590,229)
(564,322)

Net current assets
  
 
 
100
 
 
100

Total assets less current liabilities
  
100
100

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
 5 
100
100

  
100
100


Page 1

 
PEASE HILL PROPERTY LIMITED
REGISTERED NUMBER: 11214298
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 November 2024.




Gulamabbas Bharwani
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
PEASE HILL PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1.


General information

Pease Hill Property Limited is a private company, limited by shares, registered in England and Wales, registration number 11214298. The registered office is Sterling House, 71 Francis Road, Edgbaston, Birmingham, B16 8SP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.

 
2.2

Going concern

The directors have prepared the accounts on a going concern basis.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 3

 
PEASE HILL PROPERTY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

4.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
590,229
564,322

590,229
564,322



5.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares shares of £1.0 each
100
100



6.


Related party transactions

As at the balance sheet date £26,963 (2023: £1,056) is due to the director. The loan is interest free and repayable on demand.

 
Page 4