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Registration number: 08359137

PVV Investments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2025

 

PVV Investments Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

PVV Investments Limited

Company Information

Director

Miss Bharti Shivji Jadva Varsani

Registered office

Suite 427 Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH

Accountants

ZAS Accountancy & Tax Ltd
Chartered Certified AccountantsSuite 427 Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH

 

PVV Investments Limited

(Registration number: 08359137)
Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Investment property

4

659,301

659,301

Current assets

 

Debtors

5

10,708

2,194

Cash at bank and in hand

 

1,889

6,202

 

12,597

8,396

Creditors: Amounts falling due within one year

6

(630,723)

(640,445)

Net current liabilities

 

(618,126)

(632,049)

Total assets less current liabilities

 

41,175

27,252

Creditors: Amounts falling due after more than one year

6

(20,516)

(17,516)

Net assets

 

20,659

9,736

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

20,559

9,636

Shareholders' funds

 

20,659

9,736

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

Director's responsibilities:

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

The director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 May 2025
 

 

PVV Investments Limited

(Registration number: 08359137)
Balance Sheet as at 31 January 2025

.........................................
Miss Bharti Shivji Jadva Varsani
Director

 

PVV Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

General information

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

The address of its registered office is:
Suite 427 Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH

These financial statements were authorised for issue by the director on 16 May 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

PVV Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

 

PVV Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

4

Investment properties

Total
£

At 1 February 2024

659,301

At 31 January 2025

659,301

The investment property has been valued by the director.

 

PVV Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

5

Debtors

Current

2025
£

2024
£

Prepayments

3,530

1,163

Other debtors

7,178

1,031

 

10,708

2,194

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

8

-

67,000

Taxation and social security

 

2,914

1,990

Accruals and deferred income

 

2,781

2,641

Other creditors

 

625,028

568,814

 

630,723

640,445

Creditors: amounts falling due after more than one year

2025
£

2024
£

Due after one year

Other non-current financial liabilities

20,516

17,516

7

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary share capital of £1 each

100

100

100

100

       
 

PVV Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

8

Loans and borrowings

Current loans and borrowings

2025
£

2024
£

Bank overdrafts

-

67,000

9

Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are guarantees of £Nil (2024 - £67,000). The director, Miss B Varsani, has given a personal guarantee in respect of the loan.

10

Related party transactions

Summary of transactions with other related parties

PVV Properties, a partnership in which the director, Miss Bharti Varsani, is a partner, was owed £455,155 at the year-end.

During the year the director lent the company £53,676. The amount due to the director at the year end is £167,334.