P FEATHERSTONE DEVELOPMENTS LIMITED

Company Registration Number:
09834508 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

P FEATHERSTONE DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

P FEATHERSTONE DEVELOPMENTS LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
14 months to 31 December 2023


£
£
Fixed assets
Tangible assets: 3 225,000 225,000
Total fixed assets: 225,000 225,000
Current assets
Cash at bank and in hand: 871 7,319
Total current assets: 871 7,319
Creditors: amounts falling due within one year:   (2,399) (45,631)
Net current assets (liabilities): (1,528) (38,312)
Total assets less current liabilities: 223,472 186,688
Creditors: amounts falling due after more than one year: 4 (230,221) (188,016)
Total net assets (liabilities): (6,749) (1,328)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (6,849) (1,428)
Shareholders funds: (6,749) (1,328)

The notes form part of these financial statements

P FEATHERSTONE DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Mr J P R Featherstone
Status: Director

The notes form part of these financial statements

P FEATHERSTONE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the rent received or receivable from the letting of the investment property.

Valuation and information policy

Investment property Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in the profit and loss account.

Other accounting policies

Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

P FEATHERSTONE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 14 months to 31 December 2023
Average number of employees during the period 0 0

P FEATHERSTONE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 225,000
At 31 December 2024 225,000
Net book value
At 31 December 2024 225,000
At 31 December 2023 225,000

Investment property comprises of a commercial building. The fair value of the investment property has not been determined by the director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

P FEATHERSTONE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due after more than one year note

Creditors: amounts falling due after more than one year Creditors which fall due after five years are payable as follows: Payable other than by instalments 127,080 - Loans 2024 2023 £ £ Amounts owed to parent undertaking 55,717 188,016 Other loans 174,504 43,231 230,221 231,247 Payable within one year - 43,231 Payable after one year 230,221 188,016 The loan is secured by way of a fixed and floating charge over the assets of the company.

P FEATHERSTONE DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Related party transactions

Name of the related party:
Relationship:
Director
Description of the Transaction: At the balance sheet date, £47,424 (2023 - £43,321) was owed to the director. The unsecured loan is free of any interest charge and without any repayment terms.
£
Balance at 01 January 2024 47,424
Balance at 31 December 2024 43,321
Name of the related party:
Relationship:
Parent company
Description of the Transaction: At the balance sheet date, £55,717 (2023 - £188,016) was owed to the parent undertaking. The unsecured loan is free of any interest charge and without any repayment terms.
£
Balance at 01 January 2024 55,717
Balance at 31 December 2024 188,016