Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10519781 Mr Alan Smith Mr Lukasz Palmowski Miss Nicole Kollerman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10519781 2023-12-31 10519781 2024-12-31 10519781 2024-01-01 2024-12-31 10519781 frs-core:CurrentFinancialInstruments 2024-12-31 10519781 frs-core:Non-currentFinancialInstruments 2024-12-31 10519781 frs-core:FurnitureFittings 2024-12-31 10519781 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10519781 frs-core:FurnitureFittings 2023-12-31 10519781 frs-core:ShareCapital 2024-12-31 10519781 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10519781 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10519781 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10519781 frs-bus:SmallEntities 2024-01-01 2024-12-31 10519781 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10519781 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10519781 frs-bus:Director1 2024-01-01 2024-12-31 10519781 frs-bus:Director2 2024-01-01 2024-12-31 10519781 frs-bus:Director2 2023-12-31 10519781 frs-bus:Director2 2024-12-31 10519781 frs-bus:Director3 2024-01-01 2024-12-31 10519781 frs-countries:EnglandWales 2024-01-01 2024-12-31 10519781 2022-12-31 10519781 2023-12-31 10519781 2023-01-01 2023-12-31 10519781 frs-core:CurrentFinancialInstruments 2023-12-31 10519781 frs-core:Non-currentFinancialInstruments 2023-12-31 10519781 frs-core:ShareCapital 2023-12-31 10519781 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10519781 frs-core:Non-currentFinancialInstruments 1 2023-12-31
Registered number: 10519781
Pks Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10519781
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,139 1,424
Investment Properties 5 1,400,000 1,335,000
1,401,139 1,336,424
CURRENT ASSETS
Debtors 6 (554 ) 5,699
Cash at bank and in hand 18,578 21,513
18,024 27,212
Creditors: Amounts Falling Due Within One Year 7 (18,539 ) (16,426 )
NET CURRENT ASSETS (LIABILITIES) (515 ) 10,786
TOTAL ASSETS LESS CURRENT LIABILITIES 1,400,624 1,347,210
Creditors: Amounts Falling Due After More Than One Year 8 (793,832 ) (792,055 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (83,894 ) (67,644 )
NET ASSETS 522,898 487,511
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 522,798 487,411
SHAREHOLDERS' FUNDS 522,898 487,511
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alan Smith
Director
26/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pks Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10519781 . The registered office is 65 Meon Road, Bournemouth, BH7 6PR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% Reducing balance
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Fixtures & Fittings
£
Cost or Valuation
As at 1 January 2024 4,867
As at 31 December 2024 4,867
Depreciation
As at 1 January 2024 3,443
Provided during the period 285
As at 31 December 2024 3,728
Net Book Value
As at 31 December 2024 1,139
As at 1 January 2024 1,424
5. Investment Property
2024
£
Fair Value
As at 1 January 2024 1,335,000
Revaluations 65,000
As at 31 December 2024 1,400,000
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 778 699
Directors' loan accounts 1 5,000
779 5,699
Due after more than one year
Other debtors (1,333 ) -
(554 ) 5,699
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 961 960
Corporation tax 8,686 5,877
Other creditors 8,892 7,814
Directors' loan accounts - 1,775
18,539 16,426
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 793,832 786,307
Other creditors (1) - (50,003 )
Directors loan account - 55,751
793,832 792,055
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Lukasz Palmowski 5,000 - - - -
The above loan is unsecured, interest free and repayable on demand.
Page 4