19 October 2023 false No description of principal activity Taxfiler 2024.6 15222808business:PrivateLimitedCompanyLtd2023-10-192024-10-31 152228082023-10-18 152228082023-10-192024-10-31 15222808business:AuditExemptWithAccountantsReport2023-10-192024-10-31 15222808business:FilletedAccounts2023-10-192024-10-31 152228082024-10-31 15222808business:Director12023-10-192024-10-31 15222808business:RegisteredOffice2023-10-192024-10-31 15222808core:WithinOneYear2024-10-31 15222808core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 15222808core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 15222808core:PreviouslyStatedAmount2024-10-31 15222808business:SmallEntities2023-10-192024-10-31 15222808countries:EnglandWales2023-10-192024-10-31 15222808core:FurnitureFittings2023-10-18 15222808core:FurnitureFittings2023-10-192024-10-31 15222808core:FurnitureFittings2024-10-31 iso4217:GBP xbrli:pure
Company Registration No. 15222808 (England and Wales)
Property Investment Management Ltd Unaudited accounts for the period from 19 October 2023 to 31 October 2024
Property Investment Management Ltd Unaudited accounts Contents
Page
- 2 -
Property Investment Management Ltd Company Information for the period from 19 October 2023 to 31 October 2024
Director
Luigi Formicola
Company Number
15222808 (England and Wales)
Registered Office
United Business Centres 1000 Great West Road Brentford Middlesex TW8 9DW England
Accountants
Accounts & Finance Consultants Ltd 1000 Great West Road Brentford London Middlesex TW8 9DW
- 3 -
Property Investment Management Ltd Statement of financial position as at 31 October 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
72,093 
Current assets
Cash at bank and in hand
16,722 
Creditors: amounts falling due within one year
(98,454)
Net current liabilities
(81,732)
Net liabilities
(9,639)
Capital and reserves
Called up share capital
2 
Profit and loss account
(9,641)
Shareholders' funds
(9,639)
For the period ending 31 October 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 director acknowledges his 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 and authorised for issue on 22 February 2025 and were signed on its behalf by
Luigi Formicola Director Company Registration No. 15222808
- 4 -
Property Investment Management Ltd Notes to the Accounts for the period from 19 October 2023 to 31 October 2024
1
Statutory information
Property Investment Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 15222808. The registered office is United Business Centres, 1000 Great West Road, Brentford, Middlesex, TW8 9DW, England.
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
These financial statements for the period from 19 October 2023 to 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 19 October 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 19 October 2023
- 
Additions
72,093 
At 31 October 2024
72,093 
Depreciation
At 31 October 2024
- 
Net book value
At 31 October 2024
72,093 
5
Creditors: amounts falling due within one year
2024 
£ 
Other creditors
9,500 
Loans from directors
88,954 
98,454 
- 5 -
Property Investment Management Ltd Notes to the Accounts for the period from 19 October 2023 to 31 October 2024
6
Average number of employees
During the period the average number of employees was 0.
- 6 -