| REGISTERED NUMBER: |
| Pickerwood Properties Limited |
| Unaudited Financial Statements |
| for the Year Ended 4 April 2025 |
| REGISTERED NUMBER: |
| Pickerwood Properties Limited |
| Unaudited Financial Statements |
| for the Year Ended 4 April 2025 |
| Pickerwood Properties Limited (Registered number: 03648299) |
| Contents of the Financial Statements |
| for the year ended 4 April 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Pickerwood Properties Limited |
| Company Information |
| for the year ended 4 April 2025 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 13a Duke Street |
| Southport |
| Merseyside |
| PR8 1LS |
| Pickerwood Properties Limited (Registered number: 03648299) |
| Balance Sheet |
| 4 April 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | 8 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Fair value reserve | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 were approved by the director and authorised for issue on |
| Pickerwood Properties Limited (Registered number: 03648299) |
| Notes to the Financial Statements |
| for the year ended 4 April 2025 |
| 1. | STATUTORY INFORMATION |
| Pickerwood Properties Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover comprises rents receivable on investment properties. |
| Tangible fixed assets |
| Plant and machinery | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Plant and |
| property | machinery | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 5 April 2024 |
| and 4 April 2025 |
| DEPRECIATION |
| At 5 April 2024 |
| Charge for year |
| At 4 April 2025 |
| NET BOOK VALUE |
| At 4 April 2025 |
| At 4 April 2024 |
| Pickerwood Properties Limited (Registered number: 03648299) |
| Notes to the Financial Statements - continued |
| for the year ended 4 April 2025 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Cost or valuation at 4 April 2025 is represented by: |
| Freehold | Plant and |
| property | machinery | Totals |
| £ | £ | £ |
| Valuation in 2017 | 579,328 | - | 579,328 |
| Cost | 906,177 | 4,900 | 911,077 |
| 1,485,505 | 4,900 | 1,490,405 |
| If freehold land and buildings had not been revalued they would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 906,177 | 906,177 |
| Freehold land and buildings were valued on an open market basis on 5 April 2017 by the director . |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| 8. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax | 91,156 | 91,156 |
| Deferred tax |
| £ |
| Balance at 5 April 2024 |
| Property revaluation |
| Balance at 4 April 2025 |
| Pickerwood Properties Limited (Registered number: 03648299) |
| Notes to the Financial Statements - continued |
| for the year ended 4 April 2025 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 1,000 | 1,000 |
| 10. | RESERVES |
| Fair value |
| reserve |
| £ |
| At 5 April 2024 |
| and 4 April 2025 |
| 11. | RELATED PARTY DISCLOSURES |
| At year end date the company is owed £500,498 (2024: £472,298) from Cherry Homes Limited, a company under common control. |