1 September 2023 false No description of principal activity Taxfiler 2024.6 13559934business:PrivateLimitedCompanyLtd2023-09-012024-08-31 135599342023-08-31 135599342023-09-012024-08-31 13559934business:AuditExemptWithAccountantsReport2023-09-012024-08-31 13559934business:FilletedAccounts2023-09-012024-08-31 135599342024-08-31 13559934business:Director12023-09-012024-08-31 13559934business:RegisteredOffice2023-09-012024-08-31 135599342023-08-31 13559934core:WithinOneYear2024-08-31 13559934core:WithinOneYear2023-08-31 13559934core:AfterOneYear2024-08-31 13559934core:AfterOneYear2023-08-31 13559934core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 13559934core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 13559934core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 13559934core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 13559934core:PreviouslyStatedAmount2024-08-31 13559934core:PreviouslyStatedAmount2023-08-31 13559934business:SmallEntities2023-09-012024-08-31 13559934countries:EnglandWales2023-09-012024-08-31 13559934core:LandBuildings2023-08-31 13559934core:LandBuildings2024-08-31 135599342022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 13559934 (England and Wales)
PND HOMES LTD Unaudited accounts for the year ended 31 August 2024
PND HOMES LTD Unaudited accounts Contents
Page
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PND HOMES LTD Company Information for the year ended 31 August 2024
Director
Dilip Reddy PATLOLA
Company Number
13559934 (England and Wales)
Registered Office
33 BURROUGHS DRIVE DARTFORD DA1 5TW ENGLAND
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
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PND HOMES LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
303,088 
303,088 
Current assets
Debtors
2 
2 
Cash at bank and in hand
5,146 
6,387 
5,148 
6,389 
Creditors: amounts falling due within one year
(93,807)
(95,366)
Net current liabilities
(88,659)
(88,977)
Total assets less current liabilities
214,429 
214,111 
Creditors: amounts falling due after more than one year
(209,898)
(213,602)
Net assets
4,531 
509 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
4,529 
507 
Shareholders' funds
4,531 
509 
For the year ending 31 August 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 his 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 May 2025 and were signed on its behalf by
Dilip Reddy PATLOLA Director Company Registration No. 13559934
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PND HOMES LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
PND HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 13559934. The registered office is 33 BURROUGHS DRIVE, DARTFORD, DA1 5TW, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Investment property
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Investments
Investments in shares are included at fair value.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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PND HOMES LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 September 2023
303,088 
At 31 August 2024
303,088 
Depreciation
At 31 August 2024
- 
Net book value
At 31 August 2024
303,088 
At 31 August 2023
303,088 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
2 
2 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
943 
119 
Other creditors
92,518 
92,518 
Accruals
346 
2,729 
93,807 
95,366 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
209,898 
213,602 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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