1 January 2024 false No description of principal activity Taxfiler 2024.6 14828876business:PrivateLimitedCompanyLtd2024-01-012024-12-31 148288762023-12-31 148288762024-01-012024-12-31 14828876business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 14828876business:AbridgedAccounts2024-01-012024-12-31 148288762024-12-31 14828876business:Director12024-01-012024-12-31 148288762023-12-31 14828876core:WithinOneYear2024-12-31 14828876core:WithinOneYear2023-12-31 14828876core:AfterOneYear2024-12-31 14828876core:AfterOneYear2023-12-31 14828876core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 14828876core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 14828876core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 14828876core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 14828876core:PreviouslyStatedAmount2024-12-31 14828876core:PreviouslyStatedAmount2023-12-31 14828876business:SmallEntities2024-01-012024-12-31 14828876countries:EnglandWales2024-01-012024-12-31 148288762023-04-262023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 14828876 (England and Wales)
Picture Maison Limited Unaudited accounts for the year ended 31 December 2024
Picture Maison Limited Company Information for the year ended 31 December 2024
Director
Christos DIMITRIADIS
Company Number
14828876 (England and Wales)
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Picture Maison Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
64,680 
194,040 
Investment property
15,625,000 
15,955,000 
15,689,680 
16,149,040 
Current assets
Debtors
98,371 
105,609 
Cash at bank and in hand
988,992 
69,837 
1,087,363 
175,446 
Creditors: amounts falling due within one year
(363,278)
(293,162)
Net current assets/(liabilities)
724,085 
(117,716)
Total assets less current liabilities
16,413,765 
16,031,324 
Creditors: amounts falling due after more than one year
(12,903,304)
(11,683,059)
Provisions for liabilities
Deferred tax
(205,633)
(327,277)
Net assets
3,304,828 
4,020,988 
Capital and reserves
Called up share capital
3,321,000 
3,321,000 
Profit and loss account
(16,172)
699,988 
Shareholders' funds
3,304,828 
4,020,988 
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 31 March 2025 and were signed on its behalf by
Christos DIMITRIADIS Director Company Registration No. 14828876
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Picture Maison Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Picture Maison Limited is a private company, limited by shares, registered in England and Wales, registration number 14828876.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
258,720 
At 31 December 2024
258,720 
Depreciation
At 1 January 2024
64,680 
Charge for the year
129,360 
At 31 December 2024
194,040 
Net book value
At 31 December 2024
64,680 
At 31 December 2023
194,040 
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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