IRIS Accounts Production v24.3.0.553 12515863 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh125158632023-03-31125158632024-03-31125158632023-04-012024-03-31125158632022-03-31125158632022-04-012023-03-31125158632023-03-3112515863ns15:EnglandWales2023-04-012024-03-3112515863ns14:PoundSterling2023-04-012024-03-3112515863ns10:Director12023-04-012024-03-3112515863ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112515863ns10:SmallEntities2023-04-012024-03-3112515863ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112515863ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112515863ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112515863ns10:FullAccounts2023-04-012024-03-3112515863ns10:Director22023-04-012024-03-3112515863ns10:RegisteredOffice2023-04-012024-03-3112515863ns5:CurrentFinancialInstruments2024-03-3112515863ns5:CurrentFinancialInstruments2023-03-3112515863ns5:Non-currentFinancialInstruments2024-03-3112515863ns5:Non-currentFinancialInstruments2023-03-3112515863ns5:ShareCapital2024-03-3112515863ns5:ShareCapital2023-03-3112515863ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3112515863ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-3112515863ns5:RetainedEarningsAccumulatedLosses2024-03-3112515863ns5:RetainedEarningsAccumulatedLosses2023-03-3112515863ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3112515863ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3112515863ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3112515863ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-3112515863ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-03-3112515863ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-03-3112515863ns5:Secured2024-03-3112515863ns5:Secured2023-03-3112515863ns5:FurtherSpecificReserve3ComponentTotalEquity2023-03-31
REGISTERED NUMBER: 12515863 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Pjf Property Ltd

Pjf Property Ltd (Registered number: 12515863)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pjf Property Ltd

Company Information
for the year ended 31 March 2024







DIRECTORS: P Freeman
Mrs J Freeman





REGISTERED OFFICE: 6 Smillie Road
Rossington
Doncaster
South Yorkshire
DN11 0AP





REGISTERED NUMBER: 12515863 (England and Wales)





ACCOUNTANTS: Royston Parkin Limited
2 President Buildings
Savile Street East
Sheffield
South Yorkshire
S4 7UQ

Pjf Property Ltd (Registered number: 12515863)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 75,000 75,000

CURRENT ASSETS
Debtors 5 894 814

CREDITORS
Amounts falling due within one year 6 17,459 17,891
NET CURRENT LIABILITIES (16,565 ) (17,077 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,435

57,923

CREDITORS
Amounts falling due after more than
one year

7

(37,501

)

(37,501

)

PROVISIONS FOR LIABILITIES (4,072 ) (4,072 )
NET ASSETS 16,862 16,350

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 21,431 21,431
Retained earnings (4,669 ) (5,181 )
16,862 16,350

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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

Pjf Property Ltd (Registered number: 12515863)

Balance Sheet - continued
31 March 2024


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 19 November 2024 and were signed on its behalf by:





P Freeman - Director


Pjf Property Ltd (Registered number: 12515863)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Pjf Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue 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.

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.

3. EMPLOYEES AND DIRECTORS

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

Pjf Property Ltd (Registered number: 12515863)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 75,000
NET BOOK VALUE
At 31 March 2024 75,000
At 31 March 2023 75,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2022 75,000

If the investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 53,569 53,569

Investment property was valued on an open market basis on 31 March 2022 by the Directors .

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 469 389

Amounts falling due after more than one year:
Other debtors 425 425

Aggregate amounts 894 814

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 17,459 17,891

Pjf Property Ltd (Registered number: 12515863)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 37,501 37,501

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 37,501 37,501

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 37,501 37,501

The mortgage obtained by the company is secured against the property owned at Flat 1, Rhodesia Court, Doncaster, DN4 7AQ.

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 21,431