REGISTERED NUMBER: 03823053 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

P.I.A. HOUSING LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

955,000

1,034,907

CURRENT ASSETS

Debtors

5

10,143

671

Cash at bank

20,496

94,945

30,639

95,616

CREDITORS

Amounts falling due within one year

6

52,294

301,576

NET CURRENT LIABILITIES

(21,655

)

(205,960

)

TOTAL ASSETS LESS CURRENT LIABILITIES

933,345

828,947

PROVISIONS FOR LIABILITIES

95,145

84,505

NET ASSETS

838,200

744,442

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserves

424,428

379,068

Retained earnings

413,672

365,274

838,200

744,442

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

Mr A D Woodhouse - Director

Mr I F J Woodhouse - Director

1.	STATUTORY INFORMATION

P.I.A. Housing Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03823053

Registered office:

7 Marconi Gate

Stafford

Staffordshire

ST18 0FZ

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.

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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,034,907

Disposals

(135,907

)

Revaluations

56,000

At 31 March 2025

955,000

NET BOOK VALUE

At 31 March 2025

955,000

At 31 March 2024

1,034,907

Fair value at 31 March 2025 is represented by:

£

Valuation in 2020

345,763

Valuation in 2023

85,000

Valuation in 2025

70,000

Cost

454,237

955,000

It is the directors' opinion that the market value of the investment properties has increased during the year and this has been reflected in the financial statements.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

527

Other debtors

10,143

144

10,143

671

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

165

-

Taxation and social security

21,001

8,306

Other creditors

31,128

293,270

52,294

301,576