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REGISTERED NUMBER: 03945204 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

FOR

PETHERWAY LIMITED

PETHERWAY LIMITED (REGISTERED NUMBER: 03945204)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETHERWAY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: D S Van Praagh
Mrs H W Van Praagh





SECRETARY: D S Van Praagh





REGISTERED OFFICE: Elson Geaves
Forest Links Road
Ferndown
Dorset
BH22 9PH





REGISTERED NUMBER: 03945204 (England and Wales)





ACCOUNTANTS: Elson Geaves Accountants
Chartered Certified Accountants
Elson Geaves
Forest Links Road
Ferndown
Dorset
BH22 9PH

PETHERWAY LIMITED (REGISTERED NUMBER: 03945204)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,475,000 1,475,000

CURRENT ASSETS
Debtors 5 285,329 420,433
Cash at bank 22,003 13,183
307,332 433,616
CREDITORS
Amounts falling due within one year 6 344,063 342,394
NET CURRENT (LIABILITIES)/ASSETS (36,731 ) 91,222
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,438,269

1,566,222

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 7 360,714 360,714
Retained earnings 1,077,553 1,205,506
SHAREHOLDERS' FUNDS 1,438,269 1,566,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PETHERWAY LIMITED (REGISTERED NUMBER: 03945204)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:





Mrs H W Van Praagh - Director


PETHERWAY LIMITED (REGISTERED NUMBER: 03945204)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Petherway Limited 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.

Tangible fixed assets
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. TANGIBLE FIXED ASSETS

The investment properties were valued at £1,475,000 on 31 March 2014 by the directors, on an open market basis.

On an historical cost basis the investment properties would have been included at an original cost of £1,114,286 (2023: £1,114,286)

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 216,481 351,585
Other debtors 68,848 68,848
285,329 420,433

PETHERWAY LIMITED (REGISTERED NUMBER: 03945204)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 155,262 151,219
Taxation and social security 66,780 68,764
Other creditors 122,021 122,411
344,063 342,394

7. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 360,714

8. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Shallow Creek Limited, a company incorporated in Gibraltar.