1 June 2024 false No description of principal activity Taxfiler 2024.6 12602688 business:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 12602688 2024-05-31 12602688 2024-06-01 2025-05-31 12602688 business:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 12602688 business:FilletedAccounts 2024-06-01 2025-05-31 12602688 2025-05-31 12602688 business:Director1 2024-06-01 2025-05-31 12602688 business:RegisteredOffice 2024-06-01 2025-05-31 12602688 2024-05-31 12602688 core:WithinOneYear 2025-05-31 12602688 core:WithinOneYear 2024-05-31 12602688 core:AfterOneYear 2025-05-31 12602688 core:AfterOneYear 2024-05-31 12602688 core:ShareCapital core:PreviouslyStatedAmount 2025-05-31 12602688 core:ShareCapital core:PreviouslyStatedAmount 2024-05-31 12602688 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-05-31 12602688 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-05-31 12602688 core:PreviouslyStatedAmount 2025-05-31 12602688 core:PreviouslyStatedAmount 2024-05-31 12602688 business:SmallEntities 2024-06-01 2025-05-31 12602688 countries:EnglandWales 2024-06-01 2025-05-31 12602688 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12602688 (England and Wales)
PROPERTY ENTERPRISE INVESTMENTS LIMITED Unaudited accounts for the year ended 31 May 2025
PROPERTY ENTERPRISE INVESTMENTS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PROPERTY ENTERPRISE INVESTMENTS LIMITED Company Information for the year ended 31 May 2025
Director
Elvin ASGAROV
Company Number
12602688 (England and Wales)
Registered Office
138 Brent Street Hendon London NW4 2DR UK
Accountants
QUALIFIED ACCOUNTANTS LIMITED 89 Oakfield Road Southgate London N14 6LT
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PROPERTY ENTERPRISE INVESTMENTS LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
901,495
901,495
Current assets
Cash at bank and in hand
246,593
5,255
Creditors: amounts falling due within one year
5
(2,136)
(1,521)
Net current assets
244,457
3,734
Total assets less current liabilities
1,145,952
905,229
Creditors: amounts falling due after more than one year
6
(1,133,938)
(899,763)
Net assets
12,014
5,466
Capital and reserves
Called up share capital
100
100
Profit and loss account
11,914
5,366
Shareholders' funds
12,014
5,466
For the year ending 31 May 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 19 May 2026 and were signed on its behalf by
Elvin ASGAROV Director Company Registration No. 12602688
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PROPERTY ENTERPRISE INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
PROPERTY ENTERPRISE INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12602688. The registered office is 138 Brent Street, Hendon, London, NW4 2DR, UK.
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.
4
Investment property
2025
£
Fair value at 1 June 2024
901,495
At 31 May 2025
901,495
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,536
921
Accruals
600
600
2,136
1,521
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
622,475
622,475
Taxes and social security
535
-
Loans from directors
510,928
277,288
1,133,938
899,763
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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