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Company Registration No. 00708617 (England and Wales)
Pediment Properties Limited Unaudited accounts for the year ended 31 January 2024
Pediment Properties Limited Unaudited accounts Contents
Page
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Pediment Properties Limited Company Information for the year ended 31 January 2024
Directors
Ruth Archer David Warner Malcolm Warner
Secretary
Ruth Archer
Company Number
00708617 (England and Wales)
Registered Office
4th Floor 205 Regent Street London W1B 4HB United Kingdom
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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Pediment Properties Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,122 
9,023 
Current assets
Debtors
184 
- 
Cash at bank and in hand
9,122 
9,776 
9,306 
9,776 
Creditors: amounts falling due within one year
(31,893)
(14,355)
Net current liabilities
(22,587)
(4,579)
Net (liabilities)/assets
(465)
4,444 
Capital and reserves
Called up share capital
99 
99 
Profit and loss account
(564)
4,345 
Shareholders' funds
(465)
4,444 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by
Malcolm Warner Director Company Registration No. 00708617
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Pediment Properties Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Pediment Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 00708617. The registered office is 4th Floor, 205 Regent Street, London, W1B 4HB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Nil
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 February 2023
9,023 
Additions
13,099 
At 31 January 2024
22,122 
Depreciation
At 31 January 2024
- 
Net book value
At 31 January 2024
22,122 
At 31 January 2023
9,023 
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Pediment Properties Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
184 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
9,052 
- 
Taxes and social security
34 
1,398 
Other creditors
19,664 
12,057 
Loans from directors
2,393 
- 
Accruals
750 
900 
31,893 
14,355 
7
Transactions with related parties
Pediment (Holdings) Limited: The company is related to Pediment Properties Limited by virtue of common shareholders and directors. The amount due to Pediment (Holdings) Limited at the balance sheet date was £1,521 (2023: £3,914). Pediment Investments Limited: The company is related to Pediment Properties Limited by virtue of common shareholders and directors. The amount due to Pediment Investments Limited at the balance sheet date was £18,143 (2023: £8,143).
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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