REGISTERED NUMBER: 13096358 (England and Wales)

4 PINES PROPERTY INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K T MacGregor

J Laverick

REGISTERED OFFICE:

7 Sandy Court

Ashleigh Way

Langage Business Park

PLYMOUTH

Devon

PL7 5JX

REGISTERED NUMBER:

13096358 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

7 Sandy Court

Ashleigh Way

Langage Business Park

Plymouth

Devon

PL7 5JX

FIXED ASSETS

Tangible assets

5

1,198

-

Investment property

6

425,000

320,587

426,198

320,587

CURRENT ASSETS

Debtors

7

4,440

2,278

Cash at bank

10,418

22,130

14,858

24,408

CREDITORS

Amounts falling due within one year

8

322,262

324,775

NET CURRENT LIABILITIES

(307,404

)

(300,367

)

TOTAL ASSETS LESS CURRENT LIABILITIES

118,794

20,220

PROVISIONS FOR LIABILITIES

26,100

-

NET ASSETS

92,694

20,220

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

92,692

20,218

92,694

20,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

K T MacGregor - Director

1.	STATUTORY INFORMATION

4 Pines Property Investments Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Rental income

Rental income is recognised in the month that the property is occupied. For rental income received in advance this is recognised as deferred income.

Investment property

Investment property is held at valuation and reviewed for impairment or uplift on an annual basis. Any impairment or increase in value is recognised and reported immediately in the Profit and Loss Account.

Impairment of Assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss if recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the assets in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transactions costs, and are measured subsequently at amortised costs using the effective interest method.

Taxation

Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

Deferred tax is calculated using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

The tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that resulted in the tax expense (income).

Provisions for liabilities

Provisions are recognised when the Company has a present (legal or constructive) obligation as a result of a past event; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

The amount recognised as a provision is the best estimate of the consideration required to settle the present recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance costs in profit or loss in the period it arises.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

1,798

At 31 December 2024

1,798

DEPRECIATION

Charge for year

600

At 31 December 2024

600

NET BOOK VALUE

At 31 December 2024

1,198

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

320,587

Revaluations

104,413

At 31 December 2024

425,000

NET BOOK VALUE

At 31 December 2024

425,000

At 31 December 2023

320,587

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

104,413

Cost

320,587

425,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,440

2,278

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

3,800

5,300

Other creditors

318,462

319,475

322,262

324,775

9.	RELATED PARTY DISCLOSURES

The directors have loaned money to the company totalling £297,738 (2023: £309,218). This has been loaned interest free, with no set term of repayment and is disclosed as creditors due within one year.