PNC Lettings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13876032

PNC LETTINGS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 January 2025

PNC LETTINGS LIMITED

STATEMENT OF FINANCIAL POSITION

31 January 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Investments	5		262,283		262,283

CURRENT ASSETS

Cash at bank and in hand	77,749		77,957

CREDITORS: amounts falling due within one year	6	160,449		156,816
		---------		---------
NET CURRENT LIABILITIES			82,700		78,859
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			179,583		183,424

CREDITORS: amounts falling due after more than one year	7	190,189	189,130
		---------	---------
NET LIABILITIES		( 10,606)	( 5,706)
		---------	---------

CAPITAL AND RESERVES

Called up share capital fully paid	2	2
Profit and loss account	( 10,608)	( 5,708)
	--------	-------
SHAREHOLDERS DEFICIT	( 10,606)	( 5,706)
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

PNC LETTINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 6 October 2025 , and are signed on behalf of the board by:

Mr P Cancelliere
Director

Company registration number: 13876032

PNC LETTINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 JANUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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 financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the amount derived from rental income.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. INVESTMENTS

	Investment property
	£
Cost
At 1 February 2024 and 31 January 2025	262,283
	---------
Impairment
At 1 February 2024 and 31 January 2025	–
	---------

Carrying amount
At 31 January 2025	262,283
	---------
At 31 January 2024	262,283
	---------

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Other creditors	160,449	156,816
	---------	---------

7. CREDITORS: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	190,189	189,130
	---------	---------