Company Registration No. 11455548 (England and Wales)
Pam's Investment Properties Limited
Unaudited accounts
for the year ended 31 July 2024
Pam's Investment Properties Limited
Unaudited accounts
Contents
Pam's Investment Properties Limited
Company Information
for the year ended 31 July 2024
Director
Pamela Taona Ezekude
Company Number
11455548 (England and Wales)
Registered Office
Suite A, 82 James Carter Road
Mildenhall
Suffolk
Bury St. Edmunds
IP28 7DE
Pam's Investment Properties Limited
Statement of financial position
as at 31 July 2024
Investment property
-
180,000
Cash at bank and in hand
43,766
3,936
Creditors: amounts falling due within one year
(39,345)
(44,766)
Net current assets/(liabilities)
4,421
(40,830)
Total assets less current liabilities
4,463
139,236
Creditors: amounts falling due after more than one year
-
(102,224)
Provisions for liabilities
Other provisions
-
(7,396)
Called up share capital
2
2
Revaluation reserve
-
31,533
Profit and loss account
4,461
(1,919)
Shareholders' funds
4,463
29,616
For the year ending 31 July 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 her 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 9 April 2025 and were signed on its behalf by
Pamela Taona Ezekude
Director
Company Registration No. 11455548
Pam's Investment Properties Limited
Notes to the Accounts
for the year ended 31 July 2024
Pam's Investment Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11455548. The registered office is Suite A, 82 James Carter Road , Mildenhall , Suffolk , Bury St. Edmunds, IP28 7DE.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
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:
Fixtures & fittings
20% Straight line
Pam's Investment Properties Limited
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 August 2023
180,000
Net loss from fair value adjustments
(2,500)
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
899
-
Taxes and social security
1,310
-
Loans from directors
36,786
39,955
7
Creditors: amounts falling due after more than one year
2024
2023
Limited company owes the directors £36,785.59 at 31/07/24 (£39,955.24 - 31/07/23). This is an interest free loan, repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).