Company Registration No. 12189977 (England and Wales)
PUNJAB PROVINCE PROPERTIES LTD
Unaudited accounts
for the year ended 30 September 2024
PUNJAB PROVINCE PROPERTIES LTD
Unaudited accounts
Contents
PUNJAB PROVINCE PROPERTIES LTD
Company Information
for the year ended 30 September 2024
Directors
Makhan Singh Sidhu
Makhan Sidhu
Company Number
12189977 (England and Wales)
Registered Office
31 HIGH STREET CEFN COED
MERTHYR TYDFIL
CF48 2PG
WALES
Accountants
T-W-M Associates ltd
First Floor
County Motors, Spencer House
Newport
Newport
NP20 5NH
PUNJAB PROVINCE PROPERTIES LTD
Statement of financial position
as at 30 September 2024
Tangible assets
371,755
371,755
Cash at bank and in hand
60,364
61,408
Creditors: amounts falling due within one year
(650)
(600)
Net current assets
59,714
60,808
Total assets less current liabilities
431,469
432,563
Creditors: amounts falling due after more than one year
(434,430)
(395,884)
Provisions for liabilities
Other provisions
5,889
3,511
Profit and loss account
2,925
40,187
Shareholders' funds
2,928
40,190
For the year ending 30 September 2024 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 25 June 2025 and were signed on its behalf by
Makhan Singh Sidhu
Director
Company Registration No. 12189977
PUNJAB PROVINCE PROPERTIES LTD
Notes to the Accounts
for the year ended 30 September 2024
PUNJAB PROVINCE PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12189977. The registered office is 31 HIGH STREET CEFN COED, MERTHYR TYDFIL, CF48 2PG, WALES.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2023
308,267
63,488
371,755
At 30 September 2024
308,267
63,488
371,755
At 30 September 2024
-
-
-
At 30 September 2024
308,267
63,488
371,755
At 30 September 2023
308,267
63,488
371,755
5
Creditors: amounts falling due within one year
2024
2023
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
434,430
395,884
PUNJAB PROVINCE PROPERTIES LTD
Notes to the Accounts
for the year ended 30 September 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).