Pandor Estates Ltd 5309298 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is investing in property and property management. Digita Accounts Production Advanced 6.30.9574.0 true true 5309298 2023-05-01 2024-04-30 5309298 2024-04-30 5309298 core:RetainedEarningsAccumulatedLosses 2024-04-30 5309298 core:ShareCapital 2024-04-30 5309298 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 5309298 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 5309298 core:FurnitureFittingsToolsEquipment 2024-04-30 5309298 bus:SmallEntities 2023-05-01 2024-04-30 5309298 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 5309298 bus:FilletedAccounts 2023-05-01 2024-04-30 5309298 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 5309298 bus:RegisteredOffice 2023-05-01 2024-04-30 5309298 bus:Director2 2023-05-01 2024-04-30 5309298 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 5309298 core:FurnitureFittings 2023-05-01 2024-04-30 5309298 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 5309298 countries:EnglandWales 2023-05-01 2024-04-30 5309298 2023-04-30 5309298 core:FurnitureFittingsToolsEquipment 2023-04-30 5309298 2022-05-01 2023-04-30 5309298 2023-04-30 5309298 core:RetainedEarningsAccumulatedLosses 2023-04-30 5309298 core:ShareCapital 2023-04-30 5309298 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 5309298 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 5309298 core:FurnitureFittingsToolsEquipment 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 5309298

Pandor Estates Ltd



Filleted Unaudited Financial Statements

for the Year Ended 30 April 2024

 

Pandor Estates Ltd

(Registration number: 5309298)
Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

5,929

6,850

Investment property

5

220,000

220,000

 

225,929

226,850

Current assets

 

Debtors

6

80,698

50,465

Cash at bank and in hand

 

22,472

11,694

 

103,170

62,159

Creditors: Amounts falling due within one year

7

(2,190)

(92,904)

Net current assets/(liabilities)

 

100,980

(30,745)

Total assets less current liabilities

 

326,909

196,105

Creditors: Amounts falling due after more than one year

7

(132,007)

-

Net assets

 

194,902

196,105

Capital and reserves

 

Called up share capital

3

3

Profit and loss account

147,591

148,794

Non-distributable reserve

 

47,308

47,308

Total equity

 

194,902

196,105

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

Pandor Estates Ltd

(Registration number: 5309298)
Balance Sheet as at 30 April 2024

Approved and authorised by the director on 24 July 2025
 

.........................................
B D Warfman
Director

 

Pandor Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
43 Northumberland Street
Salford
Greater Manchester
M7 4DQ
United Kingdom

These financial statements were authorised for issue by the director on 24 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

Pandor Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Going concern

Revenue recognition

Turnover comprises the fair value for the provision of services and rents receivable.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture Fittings and Equipment

15% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Pandor Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Pandor Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 May 2023

30,198

30,198

Additions

125

125

At 30 April 2024

30,323

30,323

Depreciation

At 1 May 2023

23,348

23,348

Charge for the year

1,046

1,046

At 30 April 2024

24,394

24,394

Carrying amount

At 30 April 2024

5,929

5,929

At 30 April 2023

6,850

6,850

5

Investment properties

2024
£

At 1 May 23

220,000

At 30 April 24

220,000

There has been no valuation of investment property by an independent valuer.

The historical cost of the property is £172,692.

 

Pandor Estates Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

6

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

1,800

-

Other debtors

 

78,898

50,465

   

80,698

50,465

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

67

492

Accruals and deferred income

2,123

2,998

Other creditors

-

89,414

2,190

92,904

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

132,007

-