Company registration number: 15180939
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
Pitfield Properties Ltd
Pages for filing with the Registrar
Company registration number: 15180939
Pitfield Properties Ltd
Balance sheet
as at 31 October 2025
31 Oct 25 31 Oct 24
Note £ £ £ £
Fixed assets
Tangible assets 4 230,971 230,971
230,971 230,971
Current assets
Cash at bank and in hand 17,621 5,021
17,621 5,021
Creditors: amounts falling due within one
year 		(1,976) (200)
Net current assets 15,645 4,821
Total assets less current liabilities 246,616 235,792
Creditors: Amounts falling due after more
than one year 		(238,945) (240,093)
NET ASSETS/(LIABILITIES) 7,671 (4,301)
Capital and reserves
Called up share capital 100 100
Profit and loss account 7,571 (4,401)
TOTAL EQUITY 7,671 (4,301)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 15180939
Pitfield Properties Ltd
Balance sheet - continued
as at 31 October 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 20 May 2026 and signed on its behalf by:
S Pitfield, Director
20 May 2026
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Pitfield Properties Ltd
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
Pitfield Properties Ltd is a private company registered in England and Wales. Its registered number is 15180939. The company is limited by shares. Its registered office is 10 Mayo Close, Corsham, SN13 9DT.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Leasehold Property - No depreciation is provided on the company's long
leasehold property since in the opinion of the directors
the expected useful lifes are sufficiently long and the
estimated residual values are sufficiently high that any
such depreciation would be immaterial. The directors
undertake an annual impairment review of these
properties.
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Pitfield Properties Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Tangible fixed assets
Land and
buildings
£
Cost
At 1 November 2024 230,971
At 31 October 2025 230,971
Depreciation
At 31 October 2025 -
Net book value
At 31 October 2025 230,971
At 31 October 2024 230,971
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