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Company Registration No. 15076863 (England and Wales)
PPP - Patersons Property Partnerships Ltd Accounts for the year ended 31 August 2025
PPP - Patersons Property Partnerships Ltd Accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PPP - Patersons Property Partnerships Ltd Company Information for the year ended 31 August 2025
Director
Fraser Paterson
Company Number
15076863 (England and Wales)
Registered Office
Office G26, CT3 Building Wigan Investment Centre Waterside Drive Wigan WN3 5BA United Kingdom
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
- 3 -
PPP - Patersons Property Partnerships Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
216,853
-
Current assets
Cash at bank and in hand
1,267
1
Net current assets
1,267
1
Total assets less current liabilities
218,120
1
Creditors: amounts falling due after more than one year
5
(267,508)
-
Net (liabilities)/assets
(49,388)
1
Capital and reserves
Called up share capital
100
1
Profit and loss account
(49,488)
-
Shareholders' funds
(49,388)
1
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 1 April 2026 and were signed on its behalf by
Fraser Paterson Director Company Registration No. 15076863
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PPP - Patersons Property Partnerships Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
PPP - Patersons Property Partnerships Ltd is a private company, limited by shares, registered in England and Wales, registration number 15076863. The registered office is Office G26, CT3 Building, Wigan Investment Centre, Waterside Drive, Wigan, WN3 5BA, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
Going concern
In preparing these Financial Statements it has come to our attention that the liabilities of the company exceed its assets by £49,388. Continuation of the company is dependent upon the continued financial and professional support of the company director. The Financial Statements have been prepared on a "Going Concern" basis, which assumes this financial and professional support will be unwavering and as such the company will continue to trade normally for the foreseeable future.
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 September 2024
-
Additions
216,853
At 31 August 2025
216,853
Depreciation
At 31 August 2025
-
Net book value
At 31 August 2025
216,853
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PPP - Patersons Property Partnerships Ltd Notes to the Accounts for the year ended 31 August 2025
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
78,627
-
Loans from directors
188,881
-
267,508
-
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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