1 April 2024 v2025.65.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP125060462024-04-012025-03-31125060462025-03-31125060462024-03-3112506046core:WithinOneYear2025-03-3112506046core:WithinOneYear2024-03-3112506046core:AfterOneYear2025-03-3112506046core:AfterOneYear2024-03-3112506046core:ShareCapital2025-03-3112506046core:ShareCapital2024-03-3112506046core:RetainedEarningsAccumulatedLosses2025-03-3112506046core:RetainedEarningsAccumulatedLosses2024-03-3112506046bus:Director12024-04-012025-03-3112506046bus:RegisteredOffice2024-04-012025-03-3112506046core:LandBuildings2024-04-012025-03-3112506046core:OfficeEquipment2024-04-012025-03-3112506046core:LandBuildings2025-03-3112506046core:PlantMachinery2025-03-3112506046core:PlantMachinery2024-04-01125060462024-04-0112506046core:PlantMachinery2024-04-012025-03-3112506046core:LandBuildings2024-03-3112506046core:PlantMachinery2024-03-311250604612024-04-012025-03-31125060462023-04-012024-03-3112506046countries:EnglandWales2024-04-012025-03-3112506046bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3112506046bus:PrivateLimitedCompanyLtd2024-04-012025-03-3112506046bus:SmallEntities2024-04-012025-03-3112506046bus:FullAccounts2024-04-012025-03-31
Company registration number:
12506046
Pellaro Properties Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Pellaro Properties Limited
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
180,443
 
180,560
 
Current assets    
Debtors 6
29,890
 
20,500
 
Cash at bank and in hand
902
 
4,511
 
30,792
 
25,011
 
Creditors: amounts falling due within one year 7
(74,856
)
(69,857
)
Net current liabilities
(44,064
)
(44,846
)
Total assets less current liabilities 136,379   135,714  
Creditors: amounts falling due after more than one year 8
(129,357
)
(129,374
)
Net assets
7,022
 
6,340
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
6,922
 
6,240
 
Shareholders funds
7,022
 
6,340
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
3 October 2025
, and are signed on behalf of the board by:
Mr. S Long
Director
Company registration number:
12506046
Pellaro Properties Limited
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
12 Nightingale Close
,
Stockport
,
SK2 5BY
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
Non-depreciating asset
Office equipment
25% reducing balance basis

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2024: Nil).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 April 2024
and
31 March 2025
180,091
 
1,460
 
181,551
 
Depreciation      
At
1 April 2024
-  
991
 
991
 
Charge -  
117
 
117
 
At
31 March 2025
-  
1,108
 
1,108
 
Carrying amount      
At
31 March 2025
180,091
 
352
 
180,443
 
At 31 March 2024
180,091
 
469
 
180,560
 

6 Debtors

20252024
££
Amounts owed by group undertakings and undertakings in which the company has a participating interest
29,890
 
20,500
 

7 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
1,576
 
1,389
 
Other creditors
73,280
 
68,468
 
74,856
 
69,857
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
129,357
 
129,374