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REGISTERED NUMBER: 13474736 (England and Wales)















Financial Statements for the Year Ended 30 June 2024

for

PROPERTY INVESTOR AND BUILDER LTD

PROPERTY INVESTOR AND BUILDER LTD (REGISTERED NUMBER: 13474736)

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


PROPERTY INVESTOR AND BUILDER LTD

Company Information
for the Year Ended 30 June 2024







DIRECTOR: W Khan





REGISTERED OFFICE: 232a West Hendon Broadway
London
NW9 7ED





REGISTERED NUMBER: 13474736 (England and Wales)





ACCOUNTANTS: Samuelsons & Co
Chartered Certified Accountants
The Brentano Suite
Solar House
915 High Road
North Finchley
London
N12 8QJ

PROPERTY INVESTOR AND BUILDER LTD (REGISTERED NUMBER: 13474736)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 215,711 185,711

CURRENT ASSETS
Debtors 5 10,000 10,000
Cash at bank and in hand 589 170
10,589 10,170
CREDITORS
Amounts falling due within one year 6 226,550 202,177
NET CURRENT LIABILITIES (215,961 ) (192,007 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(250

)

(6,296

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (350 ) (6,396 )
SHAREHOLDERS' FUNDS (250 ) (6,296 )

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 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.

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 director and authorised for issue on 19 June 2025 and were signed by:





W Khan - Director


PROPERTY INVESTOR AND BUILDER LTD (REGISTERED NUMBER: 13474736)

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


1. STATUTORY INFORMATION

Property Investor and Builder LTD 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.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PROPERTY INVESTOR AND BUILDER LTD (REGISTERED NUMBER: 13474736)

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


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 185,711
Additions 30,000
At 30 June 2024 215,711
NET BOOK VALUE
At 30 June 2024 215,711
At 30 June 2023 185,711

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit and loss.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 10,000 10,000

£10,000 other debtors represent amounts in dispute held by solicitors.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other loans (see note 7) 221,027 201,277
Directors' current accounts 4,623 -
Accrued expenses 900 900
226,550 202,177

7. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due within one year or on demand:
Other loans 221,027 201,277

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 ORDINARY £1 100 100

PROPERTY INVESTOR AND BUILDER LTD (REGISTERED NUMBER: 13474736)

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


9. RESERVES
Retained
earnings
£   

At 1 July 2023 (6,396 )
Profit for the year 6,046
At 30 June 2024 (350 )