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REGISTERED NUMBER: 12059509 (England and Wales)













Unaudited Financial Statements for the Year Ended 30 June 2024

for

Peartree Property Estates Ltd

Peartree Property Estates Ltd (Registered number: 12059509)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Peartree Property Estates Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: R S Rollinson
T D Rollinson
L A Rollinson
K L Rollinson





REGISTERED OFFICE: Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS





REGISTERED NUMBER: 12059509 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Peartree Property Estates Ltd

The following reproduces the text of the report prepared for the directors 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 Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Peartree Property Estates Ltd for the year ended 30 June 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Peartree Property Estates Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Peartree Property Estates Ltd and state those matters that we have agreed to state to the Board of Directors of Peartree Property Estates Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peartree Property Estates Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Peartree Property Estates Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Peartree Property Estates Ltd. You consider that Peartree Property Estates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Peartree Property Estates Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


20 August 2024

Peartree Property Estates Ltd (Registered number: 12059509)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 28,310 33,234
Investment property 5 2,100,000 2,100,000
2,128,310 2,133,234

CURRENT ASSETS
Debtors 6 28,899 272,226
Cash at bank 25,716 114,235
54,615 386,461
CREDITORS
Amounts falling due within one year 7 (69,403 ) (105,463 )
NET CURRENT (LIABILITIES)/ASSETS (14,788 ) 280,998
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,113,522

2,414,232

CREDITORS
Amounts falling due after more than
one year

8

-

(329,723

)
NET ASSETS 2,113,522 2,084,509

CAPITAL AND RESERVES
Called up share capital 40 40
Revaluation reserve 10 792,208 792,208
Retained earnings 1,321,274 1,292,261
2,113,522 2,084,509

Peartree Property Estates Ltd (Registered number: 12059509)

Balance Sheet - continued
30 June 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:




L A Rollinson - Director



K L Rollinson - Director


Peartree Property Estates Ltd (Registered number: 12059509)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Peartree Property Estates 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - Straight line over 3 years
Motor vehicles - 25% on reducing balance

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 Profit and Loss Account, 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.

Peartree Property Estates Ltd (Registered number: 12059509)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 July 2023 - 3,448 60,625 64,073
Additions 4,800 - - 4,800
At 30 June 2024 4,800 3,448 60,625 68,873
DEPRECIATION
At 1 July 2023 - 2,894 27,945 30,839
Charge for year 1,000 554 8,170 9,724
At 30 June 2024 1,000 3,448 36,115 40,563
NET BOOK VALUE
At 30 June 2024 3,800 - 24,510 28,310
At 30 June 2023 - 554 32,680 33,234

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 2,100,000
NET BOOK VALUE
At 30 June 2024 2,100,000
At 30 June 2023 2,100,000

The investment property has been revalued by the directors.

Peartree Property Estates Ltd (Registered number: 12059509)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. INVESTMENT PROPERTY - continued

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2022 201,749
Valuation in 2023 150,000
Cost 1,748,251
2,100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings - 82,600
Other debtors 28,899 189,626
28,899 272,226

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 33,219
Hire purchase contracts 35,018 8,138
Taxation and social security 31,972 25,196
Other creditors 2,413 38,910
69,403 105,463

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 295,560
Hire purchase contracts - 34,163
- 329,723

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans - 328,779

The bank loans are secured on the assets concerned.

Peartree Property Estates Ltd (Registered number: 12059509)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

10. RESERVES
Revaluation
reserve
£   
At 1 July 2023
and 30 June 2024 792,208