Company Registration No. 11537559 (England and Wales)
Paal Properties Limited
Unaudited accounts
for the year ended 31 March 2025
Paal Properties Limited
Unaudited accounts
Contents
Paal Properties Limited
Company Information
for the year ended 31 March 2025
Directors
Jagatjeet Singh Landa
Vikramjeet Singh Landa
Company Number
11537559 (England and Wales)
Registered Office
The Clocktower
Park Road
Bestwood Village
Nottingham
Nottinghamshire
NG6 8TQ
England
Accountants
Net Accountancy Solutions Limited
12 Harles Acres
Hickling
Melton Mowbray
LEICESTERSHIRE
LE14 3AF
Paal Properties Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
3,883
7,815
Creditors: amounts falling due within one year
(35,909)
(35,324)
Net current liabilities
(2,793)
(6,216)
Net liabilities
(2,793)
(6,216)
Called up share capital
100
100
Profit and loss account
(2,893)
(6,316)
Shareholders' funds
(2,793)
(6,216)
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 10 December 2025 and were signed on its behalf by
Vikramjeet Singh Landa
Director
Company Registration No. 11537559
Paal Properties Limited
Notes to the Accounts
for the year ended 31 March 2025
Paal Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11537559. The registered office is The Clocktower, Park Road, Bestwood Village, Nottingham, Nottinghamshire, NG6 8TQ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the fees received for the management of rental properties.
The accounts have been prepared on a going concern basis on the understanding that the directors will continue to support the company financially for the foreseeable future.
Amounts falling due within one year
Accrued income and prepayments
-
1,995
Other debtors
24,428
13,373
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,985
5,116
Taxes and social security
981
1,563
Other creditors
6,593
5,843
Loans from directors
24,350
22,802
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).