PITCHFORD PROPERTIES LIMITED


Director	PITCHFORD, David Anthony


Company Secretary	PITCHFORD, Kay


Registered Address	Syke Whins Farm, Lowca
	Whitehaven
	Cumbria
	CA28 6QT


Registered Number	04743629 (England and Wales)

Statement of Financial Position
30 April 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,986		3,021
Investment property	4		269,415		269,415
			271,401		272,436
Current assets
Debtors	5	385		477
Cash at bank and on hand		20,115		2,980
		20,500		3,457
Creditors amounts falling due within one year	6	(203,566)		(196,110)
Net current assets (liabilities)			(183,066)		(192,653)
Total assets less current liabilities			88,335		79,783
Net assets			88,335		79,783
Capital and reserves
Called up share capital			100		100
Profit and loss account			88,235		79,683
Shareholders' funds			88,335		79,783

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 November 2025, and are signed on its behalf by:

PITCHFORD, David Anthony
Director
Registered Company No. 04743629

PITCHFORD PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 30 April 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:

	Investment property
	Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate. These values are adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 May 24	4,445	4,445
At 30 April 25	4,445	4,445
Depreciation and impairment
At 01 May 24	1,424	1,424
Charge for year	1,035	1,035
At 30 April 25	2,459	2,459
Net book value
At 30 April 25	1,986	1,986
At 30 April 24	3,021	3,021

4.	Investment property


		£
	Fair value at 01 May 24	269,415
	At 30 April 25	269,415

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Prepayments and accrued income	385	477
Total	385	477

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	392	589
Taxation and social security	3,147	1,956
Other creditors	198,973	192,440
Accrued liabilities and deferred income	1,054	1,125
Total	203,566	196,110