Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12665718 Mr L Evans Mrs V Evans iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12665718 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-06-30 12665718 2023-06-30 12665718 2024-06-30 12665718 2023-07-01 2024-06-30 12665718 frs-core:CurrentFinancialInstruments 2024-06-30 12665718 frs-core:Non-currentFinancialInstruments 2024-06-30 12665718 frs-core:InvestmentPropertyIncludedWithinPPE 2024-06-30 12665718 frs-core:InvestmentPropertyIncludedWithinPPE 2023-07-01 2024-06-30 12665718 frs-core:InvestmentPropertyIncludedWithinPPE 2023-06-30 12665718 frs-core:ShareCapital 2024-06-30 12665718 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12665718 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12665718 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12665718 frs-bus:SmallEntities 2023-07-01 2024-06-30 12665718 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12665718 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12665718 frs-bus:Director1 2023-07-01 2024-06-30 12665718 frs-bus:Director2 2023-07-01 2024-06-30 12665718 frs-countries:EnglandWales 2023-07-01 2024-06-30 12665718 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-06-30 12665718 2022-06-30 12665718 2023-06-30 12665718 2022-07-01 2023-06-30 12665718 frs-core:CurrentFinancialInstruments 2023-06-30 12665718 frs-core:Non-currentFinancialInstruments 2023-06-30 12665718 frs-core:ShareCapital 2023-06-30 12665718 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12665718
P I Rentals Limited
Financial Statements
For The Year Ended 30 June 2024
NJR Accountancy Services Limited
14 Victoria Square
Droitwich Spa
Worcestershire
WR9 8DS
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 12665718
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 207,592 -
207,592 -
CURRENT ASSETS
Debtors 5 - 2
Cash at bank and in hand 69 -
69 2
Creditors: Amounts Falling Due Within One Year 6 (79,462 ) -
NET CURRENT ASSETS (LIABILITIES) (79,393 ) 2
TOTAL ASSETS LESS CURRENT LIABILITIES 128,199 2
Creditors: Amounts Falling Due After More Than One Year 7 (137,461 ) -
NET (LIABILITIES)/ASSETS (9,262 ) 2
CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement (9,264 ) -
SHAREHOLDERS' FUNDS (9,262) 2
Page 1
Page 2
For the year ending 30 June 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr L Evans
Director
7th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
P I Rentals Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12665718 . The registered office is 65 Plymouth Close, Redditch, Worcestershire, B97 4NP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost
As at 1 July 2023 -
Additions 188,068
Other 19,524
As at 30 June 2024 207,592
Net Book Value
As at 30 June 2024 207,592
As at 1 July 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 2
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 118 -
Other loans 22,010 -
Amounts owed to group undertakings 50,250 -
Other creditors 7,084 -
79,462 -
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 137,461 -
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 137,461 -
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 137,461 -
9. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid - 2
Called Up Share Capital has been paid up 2 -
Amount of Allotted, Called Up Share Capital 2 2
Page 4