Acorah Software Products - Accounts Production 16.4.675 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08774194 Mr P N Kolodotschko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08774194 2023-11-30 08774194 2024-11-30 08774194 2023-12-01 2024-11-30 08774194 frs-core:CurrentFinancialInstruments 2024-11-30 08774194 frs-core:ShareCapital 2024-11-30 08774194 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08774194 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08774194 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08774194 frs-bus:SmallEntities 2023-12-01 2024-11-30 08774194 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08774194 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08774194 frs-bus:Director1 2023-12-01 2024-11-30 08774194 frs-countries:EnglandWales 2023-12-01 2024-11-30 08774194 2022-11-30 08774194 2023-11-30 08774194 2022-12-01 2023-11-30 08774194 frs-core:CurrentFinancialInstruments 2023-11-30 08774194 frs-core:ShareCapital 2023-11-30 08774194 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 08774194
PNK Property Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Main Office
Chartered Accountants
Roper's Lane
Rowan
BS50 5NQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08774194
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,050,000 2,050,000
2,050,000 2,050,000
CURRENT ASSETS
Debtors 5 16,773 23,179
Cash at bank and in hand 94,061 58,573
110,834 81,752
Creditors: Amounts Falling Due Within One Year 6 (1,149,839 ) (1,150,374 )
NET CURRENT ASSETS (LIABILITIES) (1,039,005 ) (1,068,622 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,010,995 981,378
PROVISIONS FOR LIABILITIES
Deferred Taxation (205,799 ) (205,799 )
NET ASSETS 805,196 775,579
CAPITAL AND RESERVES
Called up share capital 10 10
Profit and Loss Account 805,186 775,569
SHAREHOLDERS' FUNDS 805,196 775,579
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P N Kolodotschko
Director
04/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PNK Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08774194 . The registered office is 13 The Courtyard Timothys Bridge Road, Stratford-Upon-Avon, Warwickshire, CV37 9NP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The director of the company has confirmed that sufficient financial support will be provided to enable this company to continue its operations for a period of not less than 12 months from the date the balance sheet is signed and accordingly the financial statements are prepared on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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Page 4
4. Investment Property
2024
£
Fair Value
As at 1 December 2023 and 30 November 2024 2,050,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 16,773 23,179
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 1,085,027 1,085,027
Other creditors 57,810 65,347
Taxation and social security 7,002 -
1,149,839 1,150,374
Page 4