Registered number
12994792
PARK VIEW ENCLAVE INTERNATIONAL LTD
Filleted Accounts
30 November 2024
PARK VIEW ENCLAVE INTERNATIONAL LTD
Registered number: 12994792
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 4 4,626,078 702,078
Current assets
Cash at bank and in hand 921,830 2,010,692
Creditors: amounts falling due within one year 5 86,040 207,417
Net current assets 1,007,870 2,218,109
Total assets less current liabilities 5,633,948 2,920,187
Creditors: amounts falling due after more than one year 6 (6,404,747) (3,277,065)
Net liabilities (770,799) (356,878)
Capital and reserves
Called up share capital 100 100
Profit and loss account (770,899) (356,978)
Shareholders' funds (770,799) (356,878)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Nadeem Saad Bin
Director
Approved by the board on 29 August 2025
PARK VIEW ENCLAVE INTERNATIONAL LTD
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Investment Property
Investment property is initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in profit or loss.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
3 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
4 Tangible fixed assets
Investment Property Plant and machinery etc Total
£ £ £
Cost
At 1 December 2023 - 775,698 775,698
Additions 4,002,009 - 4,002,009
At 30 November 2024 4,002,009 775,698 4,777,707
Depreciation
At 1 December 2023 - 73,620 73,620
Charge for the year - 78,009 78,009
At 30 November 2024 - 151,629 151,629
Net book value
At 30 November 2024 4,002,009 624,069 4,626,078
At 30 November 2023 - 702,078 702,078
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors (3,334) (2,542)
Taxation and social security costs 7,868 (106,988)
Other creditors (90,574) (97,887)
(86,040) (207,417)
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 6,404,747 3,277,065
7 Prior Year's Adjustment and Correction of errors
The financial statements for the prior year have been restated to correct the omission of certain transactions and the correction of accounting mistakes identified during the year.
The effect of these restatements is as follows:
Balance Sheet As previously Reported Adjustment As restated
Tangible assets 736,198.39 39,499.61 775,698.00
Depreciation of Assets (73,620) - (73,620)
Cash at bank and in hand 2,612,658 (601,966) 2,010,692
Creditors: amounts falling due within one year (99,847) 307,264 207,417
Creditors: amounts falling due after more than one year (3,479,693) 202,628 (3,277,065)
Profit and Loss Account As previously Reported Adjustment As restated
Motor expenses - (492) (492)
Bank charges (30) (109) (139)
Equipment expensed - (49,794) (49,794)
Solicitors fees (2,180) (2,180)
Loss for the financial Year (313,124) (52,575) (365,699)
Events after the reporting date
8
Non-adjusting events :

On 06/12/2024, the company completed the purchase of the freehold property at 377 Eastern Avenue, London IG8 6LW for a consideration of £700,000.
This transaction occurred after the reporting date and therefore has not been recognised in these financial statements.
Capital commitments 2024 2023
9
PARK VIEW ENCLAVE INTERNATIONAL LTD is a private company limited by shares and incorporated in England. Its registered office is:
377 Eastern Avenue
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