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Company Registration No. 13588363 (England and Wales)
PRINCIPAL PROPERTY INVESTMENTS LTD Unaudited accounts for the year ended 31 August 2025
PRINCIPAL PROPERTY INVESTMENTS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PRINCIPAL PROPERTY INVESTMENTS LTD Company Information for the year ended 31 August 2025
Directors
KALANKE, Rishi KALANKE, Komal
Company Number
13588363 (England and Wales)
Registered Office
7 DRAPER CRESCENT WOKINGHAM BERKSHIRE RG40 1GW UNITED KINGDOM
Accountants
Genius Accountancy Ltd 27 Old Gloucester Street London WC1N 3AX
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PRINCIPAL PROPERTY INVESTMENTS LTD Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,116
2,233
Investment property
5
1,538,728
1,286,127
1,539,844
1,288,360
Current assets
Cash at bank and in hand
14,243
30,904
Creditors: amounts falling due within one year
6
(848,476)
(669,986)
Net current liabilities
(834,233)
(639,082)
Total assets less current liabilities
705,611
649,278
Creditors: amounts falling due after more than one year
7
(437,289)
(452,767)
Provisions for liabilities
Deferred tax
(23,006)
(23,006)
Net assets
245,316
173,505
Capital and reserves
Called up share capital
100
100
Fair value reserve
85,097
66,357
Profit and loss account
160,119
107,048
Shareholders' funds
245,316
173,505
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 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 9 April 2026 and were signed on its behalf by
KALANKE, Rishi Director Company Registration No. 13588363
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PRINCIPAL PROPERTY INVESTMENTS LTD Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
PRINCIPAL PROPERTY INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 13588363. The registered office is 7 DRAPER CRESCENT, WOKINGHAM, BERKSHIRE, RG40 1GW, 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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided below in order to write off the assets over their estimated useful lives.
Fixtures & fittings
33%
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PRINCIPAL PROPERTY INVESTMENTS LTD Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 September 2024
3,350
At 31 August 2025
3,350
Depreciation
At 1 September 2024
1,117
Charge for the year
1,117
At 31 August 2025
2,234
Net book value
At 31 August 2025
1,116
At 31 August 2024
2,233
5
Investment property
2025
£
Fair value at 1 September 2024
1,286,127
Additions
252,601
At 31 August 2025
1,538,728
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
15,993
5,454
Taxes and social security
6,544
-
Other creditors
436,318
349,818
Loans from directors
389,621
314,714
848,476
669,986
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
437,289
452,767
8
Transactions with related parties
As at the year-end, the company owed the following amounts to related companies under the common control of director(s) Rishi Kalanke and Komal Kalanke. These amounts are unsecured, interest-free and payable on demand. Principal Property Solutions Ltd: £156,603. Principal Dwelling Ltd: £197,090.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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