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Company Registration No. 10078143 (England and Wales)
P & R EADES PROPERTIES LTD Unaudited accounts for the year ended 31 March 2025
P & R EADES PROPERTIES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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P & R EADES PROPERTIES LTD Company Information for the year ended 31 March 2025
Directors
Paul Eades Rachel Eades
Company Number
10078143 (England and Wales)
Registered Office
144 THORNHILL PARK ROAD SOUTHAMPTON SO18 5TN UNITED KINGDOM
Accountants
AMG FINANCIAL UK LTD 23 Canadian Crescent Selsey Chichester West Sussex PO20 0UQ
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P & R EADES PROPERTIES LTD Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
229,777
229,777
Current assets
Debtors
5
700
700
Cash at bank and in hand
10,285
8,573
10,985
9,273
Creditors: amounts falling due within one year
6
(17,846)
(17,492)
Net current liabilities
(6,861)
(8,219)
Total assets less current liabilities
222,916
221,558
Creditors: amounts falling due after more than one year
7
(210,007)
(210,007)
Net assets
12,909
11,551
Capital and reserves
Called up share capital
8
2
2
Profit and loss account
12,907
11,549
Shareholders' funds
12,909
11,551
For the year ending 31 March 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 13 October 2025 and were signed on its behalf by
Paul Eades Director Company Registration No. 10078143
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P & R EADES PROPERTIES LTD Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
P & R EADES PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 10078143. The registered office is 144 THORNHILL PARK ROAD, SOUTHAMPTON, SO18 5TN, UNITED KINGDOM.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025
£
Fair value at 1 April 2024
229,777
At 31 March 2025
229,777
Investment properties are held at fair value
5
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Trade debtors
700
700
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
552
165
Loans from directors
16,414
16,447
Accruals
880
880
17,846
17,492
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
210,007
210,007
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P & R EADES PROPERTIES LTD Notes to the Accounts for the year ended 31 March 2025
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Paul Eades
Director Loan Account
(8,224)
-
-
(8,224)
Rachel Eades
Director Loan Account
(8,224)
-
-
(8,224)
(16,448)
-
-
(16,448)
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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