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Registration number: 15348494

PCS Estates Limited

Unaudited Filleted Financial Statements

for the Period from 13 December 2023 to 31 December 2024

(filleted for filing purposes)

 

PCS Estates Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

PCS Estates Limited

Company Information

Director

Mr PC Schluter

Registered office

8 Pams Way
Epsom
KT19 0HA

 

PCS Estates Limited

(Registration number: 15348494)
Balance Sheet as at 31 December 2024

Note

2024
£

Fixed assets

 

Investment property

4

88,828

Current assets

 

Cash at bank and in hand

 

475

Creditors: Amounts falling due within one year

5

(97,535)

Net current liabilities

 

(97,060)

Net liabilities

 

(8,232)

Capital and reserves

 

Called up share capital

6

100

Retained earnings

(8,332)

Shareholders' deficit

 

(8,232)

For the financial period ending 31 December 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 period 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

Approved and authorised by the director on 29 August 2025
 

.........................................
Mr PC Schluter
Director

 

PCS Estates Limited

Notes to the Unaudited Financial Statements for the Period from 13 December 2023 to 31 December 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:
8 Pams Way
Epsom
KT19 0HA
United Kingdom

These financial statements were authorised for issue by the director on 29 August 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.

Going concern

The company continues to receive the ongoing support of it's director. For this reason and bearing in mind their plans for the future, the director considers it appropriate to prepare the financial statements on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers 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.

 

PCS Estates Limited

Notes to the Unaudited Financial Statements for the Period from 13 December 2023 to 31 December 2024

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 creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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.

3

Staff numbers

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

4

Investment properties

2024
£

Additions

88,828

At 31 December

88,828

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

5

Creditors

Note

2024
£

Due within one year

 

Other related parties

96,575

Other creditors

 

960

 

97,535

6

Share capital

Allotted, called up and fully paid shares

 

2024

 

No.

£

Ordinary share of £1 each

100

100