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Company Registration No. 09685005 (England and Wales)
P&D Property (Oldham) Limited Unaudited accounts for the year ended 31 July 2025
P&D Property (Oldham) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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P&D Property (Oldham) Limited Company Information for the year ended 31 July 2025
Directors
Peter Charnley Dale Wild
Company Number
09685005 (England and Wales)
Registered Office
Hare House 732 Whittingham Lane Preston PR3 2JJ
Accountants
The Tax Farm Hare House 732 Whittingham Lane Preston PR3 2JJ
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P&D Property (Oldham) Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
680,000
655,000
Current assets
Debtors
5
6,224
40,308
Cash at bank and in hand
212,695
155,724
218,919
196,032
Creditors: amounts falling due within one year
6
(204,647)
(187,780)
Net current assets
14,272
8,252
Total assets less current liabilities
694,272
663,252
Creditors: amounts falling due after more than one year
7
(275,507)
(289,499)
Provisions for liabilities
Deferred tax
(65,588)
(59,338)
Net assets
353,177
314,415
Capital and reserves
Called up share capital
10
10
Profit and loss account
353,167
314,405
Shareholders' funds
353,177
314,415
For the year ending 31 July 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 17 April 2026 and were signed on its behalf by
Peter Charnley Director Company Registration No. 09685005
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P&D Property (Oldham) Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
P&D Property (Oldham) Limited is a private company, limited by shares, registered in England and Wales, registration number 09685005. The registered office is Hare House, 732 Whittingham Lane, Preston, PR3 2JJ.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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P&D Property (Oldham) Limited Notes to the Accounts for the year ended 31 July 2025
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Investment property
2025
£
Fair value at 1 August 2024
655,000
Net gain from fair value adjustments
25,000
At 31 July 2025
680,000
The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors at the reporting date.
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
6,224
6,451
Other debtors
-
3,000
6,224
9,451
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
30,857
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
13,999
14,125
Taxes and social security
4,694
5,957
Other creditors
163,745
145,245
Loans from directors
18,758
19,658
Deferred income
3,451
2,795
204,647
187,780
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
275,507
289,499
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P&D Property (Oldham) Limited Notes to the Accounts for the year ended 31 July 2025
8
Transactions with related parties
The following amounts were outstanding at the reporting end date: Amounts owed to related parties :- Charnley Property Limited £0 (2024 - £3,500) Pegasus Property Investment Group Limited £6,745 (2024 - £6,745) The amount outstanding due to Charnley Property Limited, a company in which Mr. P Charnley is a director and shareholder, is in respect of a loan. No Interest was charged on the loan during the year. The amount outstanding due to Pegasus Property Investment Group Limited a company in which Mr. D Wild is a director and shareholder, is in respect of a loan. No interest was charged on the loan during the year. Amounts owed from related parties :- PRS Consultancy Limited £0 (2024 - £3,000) The amount outstanding due to PRS Consultancy Limited, a company in which Mr. P Charnley is a director and shareholder, is in respect of a loan. No Interest was charged on the loan during the year.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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