REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st July 2024 |
for |
PIKE AND DAUGHTERS LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st July 2024 |
for |
PIKE AND DAUGHTERS LIMITED |
PIKE AND DAUGHTERS LIMITED (REGISTERED NUMBER: 10875637) |
Contents of the Financial Statements |
for the year ended 31st July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
PIKE AND DAUGHTERS LIMITED |
Company Information |
for the year ended 31st July 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Redhill Chambers |
2d High Street |
Redhill |
Surrey |
RH1 1RJ |
PIKE AND DAUGHTERS LIMITED (REGISTERED NUMBER: 10875637) |
Balance Sheet |
31st July 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Share premium | 8 |
Fair value reserve | 8 |
Retained earnings | 8 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
PIKE AND DAUGHTERS LIMITED (REGISTERED NUMBER: 10875637) |
Balance Sheet - continued |
31st July 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
PIKE AND DAUGHTERS LIMITED (REGISTERED NUMBER: 10875637) |
Notes to the Financial Statements |
for the year ended 31st July 2024 |
1. | STATUTORY INFORMATION |
Pike And Daughters Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is represented by rental income receivable from the rental properties, and is accounted for on the accruals basis. |
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 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st August 2023 |
Revaluations | 24,599 |
At 31st July 2024 |
NET BOOK VALUE |
At 31st July 2024 |
At 31st July 2023 |
Fair value at 31st July 2024 is represented by: |
£ |
Valuation in 2020 | 402,401 |
Valuation in 2024 | 24,599 |
427,000 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Prepayments |
PIKE AND DAUGHTERS LIMITED (REGISTERED NUMBER: 10875637) |
Notes to the Financial Statements - continued |
for the year ended 31st July 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary A | £1 | 2 | 2 |
Ordinary B | £1 | 2 | 2 |
4 | 4 |
8. | RESERVES |
Fair |
Retained | Share | value |
earnings | premium | reserve | Totals |
£ | £ | £ | £ |
At 1st August 2023 | ( |
) | 401,456 |
Profit for the year |
Transfer to reserve | (21,161 | ) | - | 21,161 | - |
At 31st July 2024 | ( |
) | 422,272 |
9. | ULTIMATE CONTROLLING PARTY |
The directors have joint control as nominees for the M A Pike Family Settlement Trust. |