REGISTERED NUMBER: 13123850 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

PIA Partners Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S J Green

Miss G L Sharples

REGISTERED OFFICE:

Seagreen

Turner Street

Redcar

Cleveland

TS10 1AZ

REGISTERED NUMBER:

13123850 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

16,445

-

Investments

5

1,000

1,000

Investment property

6

720,000

720,000

737,445

721,000

CURRENT ASSETS

Debtors

7

24,556

216,021

Cash at bank

60,650

18,061

85,206

234,082

CREDITORS

Amounts falling due within one year

8

31,777

122,816

NET CURRENT ASSETS

53,429

111,266

TOTAL ASSETS LESS CURRENT LIABILITIES

790,874

832,266

PROVISIONS FOR LIABILITIES

2,303

2,303

NET ASSETS

788,571

829,963

CAPITAL AND RESERVES

Called up share capital

9

728,760

801,510

Fair value reserve

10

6,909

6,909

Retained earnings

52,902

21,544

SHAREHOLDERS' FUNDS

788,571

829,963

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

Miss G L Sharples - Director

1.	STATUTORY INFORMATION

PIA Partners 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Preparation of consolidated financial statements

The financial statements contain information about PIA Partners Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents rental income earned in the period, exclusive of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

Additions

17,650

At 31 January 2025

17,650

DEPRECIATION

Charge for year

1,205

At 31 January 2025

1,205

NET BOOK VALUE

At 31 January 2025

16,445

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2024

and 31 January 2025

1,000

NET BOOK VALUE

At 31 January 2025

1,000

At 31 January 2024

1,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

720,000

NET BOOK VALUE

At 31 January 2025

720,000

At 31 January 2024

720,000

Fair value at 31 January 2025 is represented by:

£

Valuation in 2023

29,212

Valuation in 2024

(20,000

)

Cost

710,788

720,000

At 31 January 2025 the investment property was valued, on an open market basis, at £720,000 by Mr S Green, a director. Whilst Mr S Green is not a professional valuer he has over 25 years experience in the construction industry and has multiple industry-specific accreditations and qualifications. He has over 15 years experience in property investment, development and conversions and alongside creating a portfolio of investment properties across multiple companies has overseen the turn-around of over 25 profitable property transactions. In addition he is an experienced and compliant deal sourcer.

In combination with his partner Mr S Green owns property investment businesses with a current market value in the region of £5,000,000.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

20,827

10,143

Amounts owed by group undertakings

-

204,378

Other debtors

3,729

1,500

24,556

216,021

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,424

20,669

Amounts owed to group undertakings

659

10,500

Taxation and social security

5,819

2,943

Other creditors

13,875

88,704

31,777

122,816

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

727,760

Ordinary A

£1

727,760

800,510

728,760

801,510

10.

RESERVES

Fair

value

reserve

£

At 1 February 2024

and 31 January 2025

6,909

11.	RELATED PARTY DISCLOSURES

During this and the prior year a number of companies whose ultimate controlling party is one of the directors paid expenses on behalf of PIA Partners Limited and repaid monies to these companies. At the period end PIA Partners Limited owed these companies a total of £9,305 in this regard (2024 : £84,673). These balances are repayable on demand. No interest has been charged during the year.