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REGISTERED NUMBER: 11629438 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

PAINSWICK PROPERTY HOLDINGS LTD

PAINSWICK PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 11629438)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PAINSWICK PROPERTY HOLDINGS LTD

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTOR: R A Dowling





REGISTERED OFFICE: 7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
Gloucestershire
GL53 0AN





REGISTERED NUMBER: 11629438 (England and Wales)





ACCOUNTANTS: Kingscott Dix (Cheltenham) Limited
7 Rockfield Business Park
Old Station Drive
Leckhampton
Cheltenham
GL53 0AN

PAINSWICK PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 11629438)

BALANCE SHEET
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investment property 4 209,000 209,000

CURRENT ASSETS
Cash at bank 21,748 15,406

CREDITORS
Amounts falling due within one year 5 (14,747 ) (12,074 )
NET CURRENT ASSETS 7,001 3,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,001

212,332

CREDITORS
Amounts falling due after more than one
year

6

(203,102

)

(203,102

)

PROVISIONS FOR LIABILITIES 7 (2,450 ) (1,753 )
NET ASSETS 10,449 7,477

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 10,446 7,474
SHAREHOLDERS' FUNDS 10,449 7,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

PAINSWICK PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 11629438)

BALANCE SHEET - continued
31 October 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 July 2025 and were signed by:





R A Dowling - Director


PAINSWICK PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 11629438)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Painswick Property Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Significant judgements and estimates
No significant judgements nor estimations have been used in preparing the financial statements.

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 Profit and Loss Account, 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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3. EMPLOYEES AND DIRECTORS

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

PAINSWICK PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 11629438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 209,000
NET BOOK VALUE
At 31 October 2024 209,000
At 31 October 2023 209,000

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2021 16,000
Cost 193,000
209,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 14,747 12,074

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 153,102 153,102
Other creditors 50,000 50,000
203,102 203,102

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,450 1,753

Deferred
tax
£   
Balance at 1 November 2023 1,753
Charge to Profit and Loss Account during year 697
Balance at 31 October 2024 2,450

PAINSWICK PROPERTY HOLDINGS LTD (REGISTERED NUMBER: 11629438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
1 Ordinary C £1 1 1
3 3