REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 8 August 2023 to 31 August 2024 |
for |
PERREAUX-DRURY PROPERTY LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 8 August 2023 to 31 August 2024 |
for |
PERREAUX-DRURY PROPERTY LIMITED |
PERREAUX-DRURY PROPERTY LIMITED (REGISTERED NUMBER: 15057370) |
Contents of the Financial Statements |
for the period 8 August 2023 to 31 August 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
PERREAUX-DRURY PROPERTY LIMITED |
Company Information |
for the period 8 August 2023 to 31 August 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Preston Park House |
South Road |
Brighton |
East Sussex |
BN1 6SB |
PERREAUX-DRURY PROPERTY LIMITED (REGISTERED NUMBER: 15057370) |
Balance Sheet |
31 August 2024 |
Notes | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | 7 | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Other reserves |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS |
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 were approved by the Board of Directors and authorised for issue on |
PERREAUX-DRURY PROPERTY LIMITED (REGISTERED NUMBER: 15057370) |
Notes to the Financial Statements |
for the period 8 August 2023 to 31 August 2024 |
1. | STATUTORY INFORMATION |
Perreaux-Drury Property Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the fair value of consideration received or receivable net of VAT and rental income is recognised on an accruals basis. |
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. |
Financial instruments |
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. |
Taxation |
Taxation for the period 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. |
Impairment policy |
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
PERREAUX-DRURY PROPERTY LIMITED (REGISTERED NUMBER: 15057370) |
Notes to the Financial Statements - continued |
for the period 8 August 2023 to 31 August 2024 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
Revaluations | 39,560 |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
Fair value at 31 August 2024 is represented by: |
£ |
Valuation in 2024 | 39,560 |
Cost | 170,440 |
210,000 |
Investment property was valued on an open market basis on 31 August 2024 by the directors . |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Other creditors |
7. | PROVISIONS FOR LIABILITIES |
£ |
Deferred tax | 9,890 |
Deferred tax |
£ |
Provided during period |
Balance at 31 August 2024 |
PERREAUX-DRURY PROPERTY LIMITED (REGISTERED NUMBER: 15057370) |
Notes to the Financial Statements - continued |
for the period 8 August 2023 to 31 August 2024 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary A | 1 | 1 |
Ordinary B | 1 | 1 |
2 |
9. | RELATED PARTY DISCLOSURES |
During the year, the directors loaned the company £208,519 and the company repaid £8,691. At the year end the company owed the directors £199,828. This loan is interest free and repayable on demand. |