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REGISTERED NUMBER: 09866492















Unaudited Financial Statements for the Year Ended 30 November 2024

for

PLP Property Investments Ltd

PLP Property Investments Ltd (Registered number: 09866492)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PLP Property Investments Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Timothy Ledger





REGISTERED OFFICE: 531 London Road
Cheam,
Sutton
Surrey
SM3 8JR





REGISTERED NUMBER: 09866492





ACCOUNTANTS: Nationwide Accountants & Tax Advisors Ltd
704
London Road,
North Cheam, Sutton.
Surrey
SM3 9BY

PLP Property Investments Ltd (Registered number: 09866492)

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 1,588,504 1,533,504

CURRENT ASSETS
Debtors 5 2,575 2,198
Cash at bank 79,821 25,210
82,396 27,408
CREDITORS
Amounts falling due within one year 6 111,858 107,121
NET CURRENT LIABILITIES (29,462 ) (79,713 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,559,042

1,453,791

CREDITORS
Amounts falling due after more than
one year

7

(999,553

)

(1,013,568

)

PROVISIONS FOR LIABILITIES (73,576 ) (59,826 )
NET ASSETS 485,913 380,397

CAPITAL AND RESERVES
Called up share capital 50 50
Retained earnings 485,863 380,347
SHAREHOLDERS' FUNDS 485,913 380,397

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PLP Property Investments Ltd (Registered number: 09866492)

Statement of Financial Position - continued
30 November 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 February 2025 and were signed by:





Timothy Ledger - Director


PLP Property Investments Ltd (Registered number: 09866492)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

PLP Property Investments Ltd is a private company, limited by shares , registered in Not specified/Other. 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 as modified by the revaluation of certain assets.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY

Freehold Investment properties are included in the balance sheet at revalued amount. This accounting policy is departure from the general requirements of the Companies Act 1985 for all the tangible assets to appreciate/ depreciate. In the opinion of the director's compliance with this policy is necessary for the accounts to give true and fair view.

PLP Property Investments Ltd (Registered number: 09866492)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. INVESTMENT PROPERTY - continued

Cost or valuation at 30 November 2024 is represented by:
£   
Valuation in 2017 12,576
Valuation in 2021 209,314
Valuation in 2023 92,985
Valuation in 2024 55,000
Cost 1,218,629
1,588,504

Freehold Investment properties are included in the balance sheet at revalued amount. This accounting policy is departure from the general requirements of the Companies Act 1985 for all the tangible assets to appreciate/ depreciate. In the opinion of the director's compliance with this policy is necessary for the accounts to give true and fair view.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors 2,575 2,198

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 3,550 3,550
Taxation and social security 20,655 15,918
Other creditors 87,653 87,653
111,858 107,121

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.24 30.11.23
£    £   
Other creditors 999,553 1,013,568

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 807,547 807,547

Repayable by instalments
Other loans more 5yrs instal 192,006 206,021

PLP Property Investments Ltd (Registered number: 09866492)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. OTHER CREDITORS

Other Creditors include Loan from AOCS Property Maintenance Ltd, amounting £807,547 (2023: £807,547). AOCS Property Maintenance Ltd is parent company holding all issued share of PLP Property Investments Ltd.

9. DIRECTOR REPORT ON REVALUATION

Freehold investment properties are included in the balance sheet at cost. This accounting policy is departure from the general requirement of the Companies Act 1985 for all tangible assets to depreciate. In the opinion of the director's compliance whit this policy is necessary for the accounts to give true and fair view.