Company Registration No. 05046260 (England and Wales)
Paper Mill Lane Properties Limited
Unaudited accounts
for the year ended 31 August 2025
Paper Mill Lane Properties Limited
Unaudited accounts
Contents
Paper Mill Lane Properties Limited
Company Information
for the year ended 31 August 2025
Directors
J A Brackenbury
E M Killoughery
Company Number
05046260 (England and Wales)
Registered Office
Unit 2
Varity Park
Vicarage Farm Road
Peterborough
Cambridgeshire
PE1 5GU
England
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
Paper Mill Lane Properties Limited
Statement of financial position
as at 31 August 2025
Inventories
2,310,000
2,310,000
Cash at bank and in hand
4,129
832
Creditors: amounts falling due within one year
(1,655,952)
(1,637,436)
Net current assets
658,500
673,638
Net assets
658,500
673,638
Called up share capital
150,000
150,000
Profit and loss account
508,500
523,638
Shareholders' funds
658,500
673,638
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 20 May 2026 and were signed on its behalf by
J A Brackenbury
Director
Company Registration No. 05046260
Paper Mill Lane Properties Limited
Notes to the Accounts
for the year ended 31 August 2025
Paper Mill Lane Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 05046260. The registered office is Unit 2, Varity Park, Vicarage Farm Road, Peterborough, Cambridgeshire, PE1 5GU, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
The accounts are presented in £ sterling.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:
Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.
Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.
Paper Mill Lane Properties Limited
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due after more than one year
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
9,324
15,908
Other creditors
1,646,028
1,621,028
Allotted, called up and fully paid:
150,000 Ordinary shares of £1 each
150,000
150,000
7
Transactions with related parties
The ultimate controlling party is E M Killoughery.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).