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
Property Investment Management Ltd
Company Information
for the period from 19 October 2023 to 31 October 2024
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
Property Investment Management Ltd
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
16,722
Creditors: amounts falling due within one year
(98,454)
Net current liabilities
(81,732)
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
Property Investment Management Ltd
Notes to the Accounts
for the period from 19 October 2023 to 31 October 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
5
Creditors: amounts falling due within one year
2024
Loans from directors
88,954
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.