PELLIPAR SERVICES COMPANY LIMITED

Company Registration Number:
01970693 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

PELLIPAR SERVICES COMPANY LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PELLIPAR SERVICES COMPANY LIMITED

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

Letting of Skinners' Hall and provision of office accommodation and associated services to schools and charities.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Andrew Kennett
Simon Woolton


The director shown below has held office during the period of
15 January 2024 to 30 June 2024

Iain Campbell


Secretary Deborah French

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 November 2024

And signed on behalf of the board by:
Name: Deborah French
Status: Secretary

PELLIPAR SERVICES COMPANY LIMITED

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 228,677 242,021
Cost of sales: ( 251,569 ) ( 257,392 )
Gross profit(or loss): (22,892) (15,371)
Distribution costs: 0 0
Administrative expenses: ( 662,331 ) ( 647,556 )
Other operating income: 0 0
Operating profit(or loss): (685,223) (662,927)
Interest receivable and similar income: 2,008,996 1,405,598
Interest payable and similar charges: ( 1,337,435 ) ( 482,931 )
Profit(or loss) before tax: (13,662) 259,740
Tax: 0 0
Profit(or loss) for the financial year: (13,662) 259,740

PELLIPAR SERVICES COMPANY LIMITED

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 23,480,808 10,525,232
Investments: 4 43,699,912 43,548,716
Total fixed assets: 67,180,720 54,073,948
Current assets
Stocks: 5 170,734 167,488
Debtors: 6 562,041 522,330
Cash at bank and in hand: 284,328 451,042
Investments:   0 0
Total current assets: 1,017,103 1,140,860
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 27,114,995 ) ( 14,269,514 )
Net current assets (liabilities): (26,097,892) (13,128,654)
Total assets less current liabilities: 41,082,828 40,945,294
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 41,082,828 40,945,294
Capital and reserves
Called up share capital: 611,515 611,515
Share premium account: 0 0
Other reserves: 40,366,899 40,215,703
Profit and loss account: 104,414 118,076
Total Shareholders' funds: 41,082,828 40,945,294

The notes form part of these financial statements

PELLIPAR SERVICES COMPANY LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 5 December 2024
and signed on behalf of the board by:

Name: Andrew Kennett
Status: Director

The notes form part of these financial statements

PELLIPAR SERVICES COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets are included at cost less deprecation and any impairment losses. Assets in the course of construction (leasehold improvements) are not depreciated.

PELLIPAR SERVICES COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

PELLIPAR SERVICES COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 10,466,850 0 100,988 103,575 0 10,671,413
Additions 12,956,553 0 374 22,220 0 12,979,147
Disposals 0 0 ( 1,894 ) ( 11,875 ) 0 ( 13,769 )
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 June 2024 23,423,403 0 99,468 113,920 0 23,636,791
Depreciation
At 1 July 2023 0 0 83,000 63,181 0 146,181
Charge for year 0 0 3,063 20,508 0 23,571
On disposals 0 0 ( 1,894 ) ( 11,875 ) 0 ( 13,769 )
Other adjustments 0 0 0 0 0 0
At 30 June 2024 0 0 84,169 71,814 0 155,983
Net book value
At 30 June 2024 23,423,403 0 15,299 42,106 0 23,480,808
At 30 June 2023 10,466,850 0 17,988 40,394 0 10,525,232

PELLIPAR SERVICES COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed assets investments note

The aggregate capital and reserves of Pellipar Investments Limited at 30 June 2024 were £43,699,812 and the result for the year was a profit of £2,151,196. The aggregate capital and reserves of Skinners’ Investment Company Limited at 30 June 2024 were £100 and the company was dormant for the year.

PELLIPAR SERVICES COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Stocks

2024 2023
£ £
Stocks 170,734 167,488
Payments on account 0 0
Total 170,734 167,488

PELLIPAR SERVICES COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Debtors

2024 2023
£ £
Trade debtors 553,957 491,180
Prepayments and accrued income 8,084 31,150
Other debtors 0 0
Total 562,041 522,330
Debtors due after more than one year: 0 0

PELLIPAR SERVICES COMPANY LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 1,351,077 1,197,930
Accruals and deferred income 630 540
Other creditors 25,763,288 13,071,044
Total 27,114,995 14,269,514