1 February 2024 false No description of principal activity Taxfiler 2024.6 13826566business:PrivateLimitedCompanyLtd2024-02-012025-01-31 138265662024-01-31 138265662024-02-012025-01-31 13826566business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 13826566business:FilletedAccounts2024-02-012025-01-31 138265662025-01-31 13826566business:Director12024-02-012025-01-31 13826566business:Director22024-02-012025-01-31 138265662024-01-31 13826566core:WithinOneYear2025-01-31 13826566core:WithinOneYear2024-01-31 13826566core:AfterOneYear2025-01-31 13826566core:AfterOneYear2024-01-31 13826566core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 13826566core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 13826566core:RevaluationReservecore:PreviouslyStatedAmount2025-01-31 13826566core:RevaluationReservecore:PreviouslyStatedAmount2024-01-31 13826566core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 13826566core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 13826566core:PreviouslyStatedAmount2025-01-31 13826566core:PreviouslyStatedAmount2024-01-31 13826566business:SmallEntities2024-02-012025-01-31 13826566countries:EnglandWales2024-02-012025-01-31 13826566core:FurnitureFittings2024-02-012025-01-31 13826566core:FurnitureFittings2024-01-31 13826566core:FurnitureFittings2025-01-31 138265662023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13826566 (England and Wales)
Perspective Property (newark) Ltd Unaudited accounts for the year ended 31 January 2025
Perspective Property (newark) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Perspective Property (newark) Ltd Company Information for the year ended 31 January 2025
Directors
Georgia Jane Rachel BRAITHWAITE Jacob Connor JONES
Company Number
13826566 (England and Wales)
- 3 -
Perspective Property (newark) Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
10,532 
Investment property
5
1,698,002 
759,446 
1,698,002 
769,978 
Current assets
Debtors
6
33,713 
27,504 
Cash at bank and in hand
116,481 
2,064 
150,194 
29,568 
Creditors: amounts falling due within one year
7
(119,144)
(3,507)
Net current assets
31,050 
26,061 
Total assets less current liabilities
1,729,052 
796,039 
Creditors: amounts falling due after more than one year
8
(1,605,379)
(840,486)
Net assets/(liabilities)
123,673 
(44,447)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
179,283 
- 
Profit and loss account
(55,611)
(44,448)
Shareholders' funds
123,673 
(44,447)
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. 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
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
Georgia Jane Rachel BRAITHWAITE Director Company Registration No. 13826566
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Perspective Property (newark) Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Perspective Property (newark) Ltd is a private company, limited by shares, registered in England and Wales, registration number 13826566.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2024
10,532 
Disposals
(10,532)
At 31 January 2025
- 
Depreciation
At 31 January 2025
- 
Net book value
At 31 January 2025
- 
At 31 January 2024
10,532 
5
Investment property
2025 
£ 
Fair value at 1 February 2024
759,446 
Additions
759,273 
Net gain from fair value adjustments
179,283 
At 31 January 2025
1,698,002 
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Perspective Property (newark) Ltd Notes to the Accounts for the year ended 31 January 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
33,713 
27,504 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
118,424 
2,787 
Accruals
720 
720 
119,144 
3,507 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,157,711 
470,877 
Other creditors
324,703 
249,105 
Loans from directors
122,965 
120,504 
1,605,379 
840,486 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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