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REGISTERED NUMBER: 10886862 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Pilgrims Way Holdings Limited
Pilgrims Way Holdings Limited (Registered number: 10886862)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pilgrims Way Holdings Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: S D Yadave
R D Yadave
D L Yadave
S D Yadave





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





REGISTERED NUMBER: 10886862 (England and Wales)





Page 1
Pilgrims Way Holdings Limited (Registered number: 10886862)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 719,644 734,203
Investments 5 1,150,003 1,150,003
1,869,647 1,884,206

CURRENT ASSETS
Debtors 6 - 52,614
Cash at bank 238,372 500
238,372 53,114
CREDITORS
Amounts falling due within one year 7 79,549 13,836
NET CURRENT ASSETS 158,823 39,278
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,028,470
1,923,484

CAPITAL AND RESERVES
Called up share capital 8 50,003 50,003
Retained earnings 9 1,978,467 1,873,481
SHAREHOLDERS' FUNDS 2,028,470 1,923,484

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 2 April 2025 and were signed on its behalf by:





D L Yadave - Director


The notes form part of these financial statements

Page 2
Pilgrims Way Holdings Limited (Registered number: 10886862)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Pilgrims Way Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Pilgrims Way Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 NIL (2024 - NIL).

Page 3 continued...
Pilgrims Way Holdings Limited (Registered number: 10886862)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to
property property Totals
£    £    £   
COST
At 1 February 2024 625,987 123,200 749,187
Additions 435 - 435
At 31 January 2025 626,422 123,200 749,622
DEPRECIATION
At 1 February 2024 12,520 2,464 14,984
Charge for year 12,530 2,464 14,994
At 31 January 2025 25,050 4,928 29,978
NET BOOK VALUE
At 31 January 2025 601,372 118,272 719,644
At 31 January 2024 613,467 120,736 734,203

5. FIXED ASSET INVESTMENTS

31.1.25 31.1.24
£    £   
Shares in group undertakings 50,003 50,003
Other investments not loans 1,100,000 1,100,000
1,150,003 1,150,003

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 February 2024
and 31 January 2025 50,003
NET BOOK VALUE
At 31 January 2025 50,003
At 31 January 2024 50,003

Investments (neither listed nor unlisted) were as follows:
31.1.25 31.1.24
£    £   
Investments 1,100,000 1,100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Other debtors - 52,614

Page 4 continued...
Pilgrims Way Holdings Limited (Registered number: 10886862)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Taxation and social security 68,827 11,896
Other creditors 10,722 1,940
79,549 13,836

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
50,000 Ordinary £1 50,000 50,000
1 B Ordinary £1 1 1
1 C Ordinary £1 1 1
1 D Ordinary £1 1 1
50,003 50,003

9. RESERVES
Retained
earnings
£   

At 1 February 2024 1,873,481
Profit for the year 227,226
Dividends (122,240 )
At 31 January 2025 1,978,467

10. RELATED PARTY DISCLOSURES

The freehold property is rented by way of a formal lease to the subsidiary company, Pilgrims Way Limited at an annual rent of £275,000.

Page 5