REGISTERED NUMBER: 03400560 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PANDD PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr V C Thakrar

Mr M C Thakrar

SECRETARY:

Mr N Thakrar

REGISTERED OFFICE:

Hamilton Office Park

31 High View Close

Leicester

Leicestershire

LE4 9LJ

REGISTERED NUMBER:

03400560 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Investments

4

168,368

162,163

Investment property

5

1,634,472

1,634,472

1,802,840

1,796,635

CURRENT ASSETS

Debtors

6

476,467

476,767

Cash at bank

384,058

268,451

860,525

745,218

CREDITORS

Amounts falling due within one year

7

54,532

58,080

NET CURRENT ASSETS

805,993

687,138

TOTAL ASSETS LESS CURRENT LIABILITIES

2,608,833

2,483,773

CREDITORS

Amounts falling due after more than one year

8

16,515

15,254

NET ASSETS

2,592,318

2,468,519

CAPITAL AND RESERVES

Called up share capital

400

400

Revaluation reserve

44,300

44,300

Retained earnings

2,547,618

2,423,819

SHAREHOLDERS' FUNDS

2,592,318

2,468,519

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 30 September 2025 and were signed on its behalf by:

Mr V C Thakrar - Director

1.	STATUTORY INFORMATION

Pandd Properties Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

The value of investment properties are reviewed annually by the directors and in their opinion the valuation is reasonable based on the valuation of other properties in the area and the property market in general.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Current asset investments - valuation policy

Current asset investments are shown at valuation. In the opinion of the directors this remains a materially fair value.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 January 2024

162,163

Additions

4,997

Disposals

(4,998

)

Revaluations

6,206

At 31 December 2024

168,368

NET BOOK VALUE

At 31 December 2024

168,368

At 31 December 2023

162,163

Cost or valuation at 31 December 2024 is represented by:

Listed

investments

£

Valuation in 2022

(21,877

)

Valuation in 2023

3,181

Valuation in 2024

6,205

Cost

180,859

168,368

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,634,472

NET BOOK VALUE

At 31 December 2024

1,634,472

At 31 December 2023

1,634,472

Fair value at 31 December 2024 is represented by:

£

Valuation in 2001

44,300

Cost

1,590,172

1,634,472

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

476,467

476,767

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1

2

Taxation and social security

35,409

39,456

Other creditors

19,122

18,622

54,532

58,080

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

16,515

15,254

9.	RELATED PARTY DISCLOSURES

Included in other creditors due after more than one year are amounts owed to the directors of £3,090 (2023- £4,832).

No interest is charged on these balances and the directors have agreed not to withdraw the funds within twelve months of signing the balance sheet.