PE SURBITON LIMITED


Directors	SCHIAVO, Paul David Anthony
	WANSTALL, Benjamin Peter


Registered Address	White Lyon House Perry Hill
	Worplesdon
	Guildford
	GU3 3RE


Registered Number	07083588 (England and Wales)

Balance Sheet as at
31 March 2025

	2025		2024
	£	£	£	£
Current assets
Stocks	664,648		-
Debtors	46,919		-
Cash at bank and on hand	-		650
	711,567		650
Creditors amounts falling due within one year	(1,131,802)		(450,239)
Net current assets (liabilities)		(420,235)		(449,589)
Total assets less current liabilities		(420,235)		(449,589)
Creditors amounts falling due after one year		(24,961)		(30,789)
Net assets		(445,196)		(480,378)
Capital and reserves
Called up share capital		200		200
Profit and loss account		(445,396)		(480,578)
Shareholders' funds		(445,196)		(480,378)

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 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 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 10 December 2025, and are signed on its behalf by:

SCHIAVO, Paul David Anthony
Director
Registered Company No. 07083588

PE SURBITON LIMITED

Notes to the Financial Statements
for the year ended 31 March 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.

	Statement of compliance
	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.

	Basis of preparation
	At the balance sheet date the company had net liabilities of £445,196 (2024:£480,378). The financial statements have been prepared on the going concern basis which assumes that the company will continue as a going concern for the foreseeable future. The validity of this assumption depends on the continuing support of the company creditors to provide adequate financial support and by not seeking repayment of amounts owed to them. The directors have no reason to believe this support is not forthcoming and accordingly believe it appropriate to prepare the financial statements on the going concern basis.

Basis of preparation

At the balance sheet date the company had net liabilities of £445,196 (2024:£480,378).  The financial statements have been prepared on the going concern basis which assumes that the company will continue as a going concern for the foreseeable future. The validity of this assumption depends on the continuing support of the company creditors to provide adequate financial support and by not seeking repayment of amounts owed to them.  The directors have no reason to believe this support is not forthcoming and accordingly believe it appropriate to prepare the financial statements on the going concern basis.

	Turnover policy
	Turnover comprises revenue recognised by the Company in respect of the sale of properties developed by the Company, and is recognised upon exchange for sale of the relevant site, exclusive of value added tax.

	Current 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.

Current 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.

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.

	Stocks and work in progress
	Stock and work in progress comprise developments in progress. Developments in progress include land and units in the course of construction and include the cost of the land and the construction costs incurred to date.

	Related parties
	The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Further information regarding the company's income
	Other Income comprises revenue recognised by the company in respect of rental income, exclusive of Value Added Tax. Rental income is received one month in advance and is recognised over the period accrued.

4.	Secured creditors
	The following secured debts are included within creditors amounts falling due within one year: Bank and other loans in the sum of £500,678 (2024: £nil).

5.	Related party transactions
	Entities under common control At the year end £41,262 (2024: £nil) was owed to the company; and £551,651 (2024: £397,128) owed by the company to entities under common control. PDA Schiavo - a director At the year end, the amount due to PDA Schiavo was £40,458 (2024: £40,458).

6.	Controlling party
	The company is a wholly owned subsidiary of PE Oxshott Limited, a company registered in England and Wales. In the opinion of the directors there is no ultimate controlling party.