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Registration number: 15400084

PJLA Properties Ltd

Unaudited Filleted Financial Statements

for the Period from 9 January 2024 to 31 January 2025

 

PJLA Properties Ltd

Contents

Company Information

1

Statement of financial position

2

Notes to the Unaudited Financial Statements

3 to 5

 

PJLA Properties Ltd

Company Information

Directors

Mr Dave Priest

Mrs Julie-Ann Priest

Registered office

82 Downham Road
Watlington
King's Lynn
Norfolk
PE33 0HT

Accountants

Hayhow & Co
Chartered Certified Accountants & Business Advisers19 King Street
King's Lynn
Norfolk
PE30 1HB

 

PJLA Properties Ltd

(Registration number: 15400084)
Statement of financial position as at 31 January 2025

Note

2025
£

Fixed assets

 

Tangible assets

4

186,733

Creditors: Amounts falling due within one year

5

(193,058)

Net liabilities

 

(6,325)

Capital and reserves

 

Retained earnings

(6,325)

Shareholders' deficit

 

(6,325)

For the financial period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of comprehensive income.

Approved and authorised by the Board on 28 April 2025 and signed on its behalf by:
 

.........................................
Mr Dave Priest
Director

 

PJLA Properties Ltd

Notes to the Unaudited Financial Statements for the Period from 9 January 2024 to 31 January 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
82 Downham Road
Watlington
King's Lynn
Norfolk
PE33 0HT

These financial statements were authorised for issue by the Board on 28 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

PJLA Properties Ltd

Notes to the Unaudited Financial Statements for the Period from 9 January 2024 to 31 January 2025

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

186,733

186,733

At 31 January 2025

186,733

186,733

Depreciation

Carrying amount

At 31 January 2025

186,733

186,733

Included within the net book value of land and buildings above is £186,733 in respect of freehold land and buildings.
 

 

PJLA Properties Ltd

Notes to the Unaudited Financial Statements for the Period from 9 January 2024 to 31 January 2025

5

Creditors

Creditors: amounts falling due within one year

Note

2025
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7

192,638

Accruals and deferred income

 

420

 

193,058

6

Share capital

Allotted, called up and fully paid shares

2025

No.

£

Ordinary Shares A of £1 each

5

5

Ordinary Shares B of £1 each

1

1

6

6

Each share is entitled to one vote in any circumstances and each share is also entitled pari passu to dividend payments or any other distribution, including a distribution arising from a winding up of the company.

7

Related party transactions

Loans from related parties

2025

Entities with joint control or significant influence
£

Total
£

Advanced

192,638

192,638

At end of period

192,638

192,638

Terms of loans from related parties

An amount of £192,638 was owed by the company to FIFP & Carpentry Solutions Ltd which is a company controlled by D Priest.