14 April 2024 false Taxfiler 2024.6 15645379business:PrivateLimitedCompanyLtd2024-04-142025-04-30 156453792024-04-13 156453792024-04-142025-04-30 15645379business:AuditExemptWithAccountantsReport2024-04-142025-04-30 15645379business:FilletedAccounts2024-04-142025-04-30 156453792025-04-30 15645379business:Director12024-04-142025-04-30 15645379business:Director22024-04-142025-04-30 15645379business:RegisteredOffice2024-04-142025-04-30 15645379core:WithinOneYear2025-04-30 15645379core:AfterOneYear2025-04-30 15645379core:ShareCapitalcore:PreviouslyStatedAmount2025-04-30 15645379core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-04-30 15645379core:PreviouslyStatedAmount2025-04-30 15645379business:SmallEntities2024-04-142025-04-30 15645379countries:EnglandWales2024-04-142025-04-30 iso4217:GBP xbrli:pure
Company Registration No. 15645379 (England and Wales)
Paujac Properties Ltd Unaudited accounts for the period from 14 April 2024 to 30 April 2025
Paujac Properties Ltd Unaudited accounts Contents
Page
- 2 -
Paujac Properties Ltd Company Information for the period from 14 April 2024 to 30 April 2025
Directors
Jacqueline Hammond Paul Kerrigan
Company Number
15645379 (England and Wales)
Registered Office
127 Raphael Drive Shoeburyness Southend-On-Sea SS3 9UR England
Accountants
SilverstoneBKS Limited 127 Raphael Drive Shoeburyness Southend On Sea Essex SS3 9UR
- 3 -
Paujac Properties Ltd Statement of financial position as at 30 April 2025
2025 
Notes
£ 
Fixed assets
Investment property
484,000 
Current assets
Cash at bank and in hand
5,879 
Creditors: amounts falling due within one year
(4,163)
Net current assets
1,716 
Total assets less current liabilities
485,716 
Creditors: amounts falling due after more than one year
(437,040)
Provisions for liabilities
Deferred tax
(6,860)
Net assets
41,816 
Capital and reserves
Called up share capital
2 
Profit and loss account
41,814 
Shareholders' funds
41,816 
For the period ending 30 April 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 6 June 2025 and were signed on its behalf by
Jacqueline Hammond Director Company Registration No. 15645379
- 4 -
Paujac Properties Ltd Notes to the Accounts for the period from 14 April 2024 to 30 April 2025
1
Statutory information
Paujac Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 15645379. The registered office is 127 Raphael Drive, Shoeburyness, Southend-On-Sea, SS3 9UR, 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
These financial statements for the period from 14 April 2024 to 30 April 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 14 April 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Revenue Recognition
Rental income is recognised on a straight-line basis over the term of the lease. Income is recorded in the period to which it relates, in accordance with the terms of the rental agreements in place.
4
Investment property
2025 
£ 
Additions
447,896 
Net gain from fair value adjustments
36,104 
At 30 April 2025
484,000 
- 5 -
Paujac Properties Ltd Notes to the Accounts for the period from 14 April 2024 to 30 April 2025
5
Creditors: amounts falling due within one year
2025 
£ 
Taxes and social security
2,949 
Loans from directors
914 
Accruals
300 
4,163 
6
Creditors: amounts falling due after more than one year
2025 
£ 
Bank loans
265,394 
Other creditors
171,646 
437,040 
7
Transactions with related parties
Loan received during the year from 19 Holland Street - Property 2 Homes Ltd
8
Average number of employees
During the period the average number of employees was 0.
- 6 -