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REGISTERED NUMBER: 12454014 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

PEAR TREE PROPERTIES MANAGEMENT LIMITED

PEAR TREE PROPERTIES MANAGEMENT LIMITED (REGISTERED NUMBER: 12454014)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PEAR TREE PROPERTIES MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: J R Menard
M Menard





REGISTERED OFFICE: Longford High Street
Penshurst
TONBRIDGE
Kent
TN11 8BT





REGISTERED NUMBER: 12454014 (England and Wales)





ACCOUNTANTS: Raymond Benn & Co Limited
Chartered Certified Accountants
1 Sheffield Road
Southborough
TUNBRIDGE WELLS
Kent
TN4 0PD

PEAR TREE PROPERTIES MANAGEMENT LIMITED (REGISTERED NUMBER: 12454014)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,111 775

CURRENT ASSETS
Debtors 5 68,883 211,133
Cash at bank 34,260 34,340
103,143 245,473
CREDITORS
Amounts falling due within one year 6 (32,230 ) (127,665 )
NET CURRENT ASSETS 70,913 117,808
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,024

118,583

PROVISIONS FOR LIABILITIES (211 ) (260 )
NET ASSETS 71,813 118,323

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 71,811 118,321
71,813 118,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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 12 May 2025 and were signed on its behalf by:




J R Menard - Director


PEAR TREE PROPERTIES MANAGEMENT LIMITED (REGISTERED NUMBER: 12454014)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Pear Tree Properties Management 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

PEAR TREE PROPERTIES MANAGEMENT LIMITED (REGISTERED NUMBER: 12454014)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 2,196
Additions 707
At 30 June 2024 2,903
DEPRECIATION
At 1 July 2023 1,421
Charge for year 371
At 30 June 2024 1,792
NET BOOK VALUE
At 30 June 2024 1,111
At 30 June 2023 775

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 7,535
Other debtors 68,883 203,598
68,883 211,133

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 53,477
Taxation and social security 813 18,530
Other creditors 31,417 55,658
32,230 127,665

PEAR TREE PROPERTIES MANAGEMENT LIMITED (REGISTERED NUMBER: 12454014)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. RELATED PARTY DISCLOSURES

Pear Tree Properties Management Limited (PTPML) is owned by Mr J Menard and Mr M Menard in equal shares. Both directors are also directors in Pear Tree Properties Limited (PTP) with each owning 25.6% of the share capital directly. Pear Tree Properties Limited owns a large parade of retail shops and flats which are let to tenants.

A formal commercial agreement has been arranged between the two companies where by PTPML will manage the rental business, collecting rental income and maintaining the properties owned by PTPL. In return PTPML will charge commission to PTPL. This has been in operation since 1 April 2020.

Included in other debtors is the management commission charged to Pear Tree Properties Limited for the year of £68,679.

Included in other creditors is £10,229 owed by Pear Tree Properties Management Limited representing transactions between Pear Tree Properties Limited and Pear Tree Properties Management Limited. This has accrued since 1 April 2020.

Gotthem! Limited is a company set up by Mr J Menard and Mr M Menard they each own 13.5% of the share capital and the remaining 73% of the share capital is owned by Pear Tree Properties Limited. The balance owed to Pear Tree Properties Management Limited at 30 June 2024 was £5,831.

Octopus Metrics Limited is a company set up by Mr J Menard and Mr M Menard they both own 50% of the share capital each. The balance owed to Pear Tree Properties Management Limited at 30 June 2024 was £40,472.