Company Registration No. 6875478 (England and Wales)
Piggly Wiggly Properties Limited
Unaudited accounts
for the year ended 31 December 2024
Piggly Wiggly Properties Limited
Unaudited accounts
Contents
Piggly Wiggly Properties Limited
Company Information
for the year ended 31 December 2024
Directors
N A Sanderson
B K Sanderson
Company Number
6875478 (England and Wales)
Registered Office
Acorn House
Church Lane, Croft
Skegness
Lincolnshire
PE24 4RN
Accountants
WatsonCo Chartered Accountants
The Sycamores
Fordington
Alford
Lincolnshire
LN13 0HQ
Piggly Wiggly Properties Limited
Statement of financial position
as at 31 December 2024
Tangible assets
348,634
348,634
Cash at bank and in hand
2,392
-
Creditors: amounts falling due within one year
(419,534)
(386,211)
Net current liabilities
(400,014)
(386,210)
Net liabilities
(51,380)
(37,576)
Called up share capital
1
1
Profit and loss account
(51,381)
(37,577)
Shareholders' funds
(51,380)
(37,576)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by
N A Sanderson
Director
Company Registration No. 6875478
Piggly Wiggly Properties Limited
Notes to the Accounts
for the year ended 31 December 2024
Piggly Wiggly Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 6875478. The registered office is Acorn House, Church Lane, Croft, Skegness, Lincolnshire, PE24 4RN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0% on land
4
Tangible fixed assets
Land & buildings
At 31 December 2024
348,634
At 31 December 2024
348,634
At 31 December 2023
348,634
Amounts falling due within one year
Amounts due from group undertakings etc.
17,127
-
Amounts falling due after more than one year
Piggly Wiggly Properties Limited
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
419,534
386,211
7
Transactions with related parties
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
The controlling party is joint control by NA and BK Sanderson by virtue of their majority shareholding in the parent company Piggly Wiggly Holdings Limited.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).