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REGISTERED NUMBER: 08317242 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Pinelodge Property Limited

Pinelodge Property Limited (Registered number: 08317242)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pinelodge Property Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: S D Yadave
R D Yadave





REGISTERED OFFICE: 10 Bower Mount Road
Maidstone
Kent
ME16 8AU





REGISTERED NUMBER: 08317242 (England and Wales)






Pinelodge Property Limited (Registered number: 08317242)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,631 1,471
Investment property 5 2,055,000 1,915,000
2,056,631 1,916,471

CURRENT ASSETS
Debtors 6 496 770
Cash at bank 288,446 243,166
288,942 243,936
CREDITORS
Amounts falling due within one year 7 31,819 25,815
NET CURRENT ASSETS 257,123 218,121
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,313,754

2,134,592

CREDITORS
Amounts falling due after more than one
year

8

(1,111,568

)

(1,111,568

)

PROVISIONS FOR LIABILITIES (197,240 ) (123,304 )
NET ASSETS 1,004,946 899,720

CAPITAL AND RESERVES
Called up share capital 9 99 99
Undistributable Reserve 10 591,721 525,657
Retained earnings 10 413,126 373,964
SHAREHOLDERS' FUNDS 1,004,946 899,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:



R D Yadave - Director


Pinelodge Property Limited (Registered number: 08317242)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Pinelodge Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

Pinelodge Property Limited (Registered number: 08317242)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 13,314 - 13,314
Additions 130 958 1,088
At 31 December 2024 13,444 958 14,402
DEPRECIATION
At 1 January 2024 11,843 - 11,843
Charge for year 736 192 928
At 31 December 2024 12,579 192 12,771
NET BOOK VALUE
At 31 December 2024 865 766 1,631
At 31 December 2023 1,471 - 1,471

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,915,000
Revaluations 140,000
At 31 December 2024 2,055,000
NET BOOK VALUE
At 31 December 2024 2,055,000
At 31 December 2023 1,915,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2017 368,527
Valuation in 2018 476,942
Valuation in 2019 (291,507 )
Valuation in 2023 95,000
Valuation in 2024 140,000
Cost 1,266,038
2,055,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 1,266,038 1,266,038

The investment properties were valued on an informal basis on 4 March 2025 by Robinson Jackson, Estate Agents .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 496 770

Pinelodge Property Limited (Registered number: 08317242)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 105 -
Taxation and social security 9,317 3,797
Other creditors 22,397 22,018
31,819 25,815

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 1,111,568 1,111,568

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
99 Ordinary £1 99 99

10. RESERVES
Retained Undistributable
earnings Reserve Totals
£    £    £   

At 1 January 2024 373,964 525,657 899,621
Profit for the year 105,226 105,226
Profit & Loss Account Transfer
to Undistributable Reserve (66,064 ) 66,064 -
At 31 December 2024 413,126 591,721 1,004,847

The Undistributable Reserve is stated after deducting provision for deferred tax.