ACCOUNTS - Final Accounts

Registered number: 11263118

PETER NICHOLAS HOMES (BARING ROAD) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

PETER NICHOLAS HOMES (BARING ROAD) LIMITED

REGISTERED NUMBER: 11263118

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	5	-		7,664
Cash at bank and in hand		150		216
		150		7,880
Creditors: amounts falling due within one year	6	(15,487)		(11,000)
Net current liabilities			(15,337)		(3,120)
Total assets less current liabilities			(15,337)		(3,120)
Creditors: amounts falling due after more than one year	7		(1,667)		(11,667)

Net liabilities			(17,004)		(14,787)

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(17,104)	(14,887)
		(17,004)	(14,787)

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PETER NICHOLAS HOMES (BARING ROAD) LIMITED

REGISTERED NUMBER: 11263118

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 December 2025.

P N Hunt

Director

The notes on pages 3 to 5 form part of these financial statements.

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PETER NICHOLAS HOMES (BARING ROAD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Peter Nicholas Homes (Baring Road) Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered address is Unit 5 Passfield Business Centre, Lynchborough Road, Passfield, Liphook, GU30 7SB.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Finance costs

Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.3

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, 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 Statement of income and retained earnings.

2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.5

Creditors

Short term creditors are measured at the transaction price.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The Company does not consider there to be any critical judgements or key sources of estimation or uncertainty in applying accounting policies

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PETER NICHOLAS HOMES (BARING ROAD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including directors, during the period was 1 (2024 - 1).

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	-	6,093
Other debtors	-	1,571

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	10,000	10,000
Amounts owed to group undertakings	5,487	1,000
	15,487	11,000

7.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

	Bank loans	1,667	11,667

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PETER NICHOLAS HOMES (BARING ROAD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

100 Ordinary share capital shares of £1.00 each	100	100

9.	Related party transactions
	Included within creditors are amounts of £5,487 (2024 - £1,000) owed to connected companies. Included within debtors is a credit amount of £Nil (2024 - £6,093) owed from a connected company.

10.	Controlling party

The Company is owned by Peter Nicholas Homes Limited which is under the control of P N Hunt.

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