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Registered number: 11547523

Payne Property Portfolio Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024

Prepared By:
David Stott Accountancy Services
59 Medhurst Crescent
Gravesend
Kent
DA12 4HJ

Payne Property Portfolio Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
DIRECTORS
Jack Payne
REGISTERED OFFICE
7 Park Square
Lambourne End
Romford
Essex
RM4 1AR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11547523
BANKERS
Natwest
SOLICITORS
JMW Solicitors
ACCOUNTANTS
David Stott Accountancy Services
59 Medhurst Crescent
Gravesend
Kent
DA12 4HJ

Payne Property Portfolio Ltd

ACCOUNTS
FOR THEYEARENDED30/09/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Payne Property Portfolio Ltd

BALANCE SHEET AT 30/09/2024
20242023
Notes££
FIXED ASSETS
Tangible assets31,026,404913,675
CURRENT ASSETS
Cash at bank and in hand7,97932,167
7,97932,167
CREDITORS: Amounts falling due within one year41,130,3221,038,326
NET CURRENT LIABILITIES(1,122,343)(1,006,159)
TOTAL ASSETS LESS CURRENT LIABILITIES(95,939)(92,484)
CAPITAL AND RESERVES
Called up share capital511
Profit and loss account(95,940)(92,485)
SHAREHOLDERS' FUNDS(95,939)(92,484)
For the year ending 30/09/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17/06/2025 and signed on their behalf by
.............................
Jack Payne
Director

Payne Property Portfolio Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
2. EMPLOYEES
20242023
No.No.
Average number of employees--
3. TANGIBLE FIXED ASSETS
Land And
BuildingsTotal
££
Cost
At 01/10/2023913,675913,675
Additions112,729112,729
At 30/09/20241,026,4041,026,404
Depreciation
At 30/09/2024--
Net Book Amounts
At 30/09/20241,026,4041,026,404
At 30/09/2023913,675913,675

Payne Property Portfolio Ltd

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Directors current account295,923282,165
Mortgage834,041755,861
Trade creditors8-
Accruals350300
1,130,3221,038,326
5. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
New shares issued during period:
1 Ordinary shares of £1 each11