Company registration number 09994746 (England and Wales)
P57 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
P57 LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 7
P57 LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
580
1,411
Investment property
4
785,000
785,000
785,580
786,411
Current assets
Debtors
5
705
-
0
Cash at bank and in hand
56,187
48,447
56,892
48,447
Creditors: amounts falling due within one year
6
(425,143)
(432,995)
Net current liabilities
(368,251)
(384,548)
Total assets less current liabilities
417,329
401,863
Creditors: amounts falling due after more than one year
7
(134,231)
(134,231)
Provisions for liabilities
Deferred tax liability
9
36,614
36,614
(36,614)
(36,614)
Net assets
246,484
231,018
Capital and reserves
Called up share capital
100
100
Other reserves
118,633
118,633
Profit and loss reserves
127,751
112,285
Total equity
246,484
231,018
P57 LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 11 June 2026
Mr P. C. Balding
Director
Company registration number 09994746 (England and Wales)
P57 LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
Share capital
Fair value reserve
Profit and loss reserves
Total
£
£
£
£
Balance at 1 April 2024
100
118,633
95,988
214,721
Year ended 31 March 2025:
Profit and total comprehensive income
-
-
16,297
16,297
Balance at 31 March 2025
100
118,633
112,285
231,018
Year ended 31 March 2026:
Profit and total comprehensive income
-
-
15,466
15,466
Balance at 31 March 2026
100
118,633
127,751
246,484
P57 LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
1
Accounting policies
Company information

P57 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 42 Coombe Lea, Grand Avenue, Hove, East Sussex, BN3 2ND.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

1.2
Revenue

Turnover is measured at the fair value of the consideration received or receivable.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

P57 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
1
1
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 April 2025
9,701
Disposals
(8,106)
At 31 March 2026
1,595
Depreciation and impairment
At 1 April 2025
8,290
Depreciation charged in the year
831
Eliminated in respect of disposals
(8,106)
At 31 March 2026
1,015
Carrying amount
At 31 March 2026
580
At 31 March 2025
1,411
P57 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
4
Investment property
2026
£
Fair value
At 1 April 2025 and 31 March 2026
785,000
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Prepayments and accrued income
705
-
0
6
Creditors: amounts falling due within one year
2026
2025
£
£
Corporation tax
3,823
6,793
Other creditors
420,000
425,002
Accruals and deferred income
1,320
1,200
425,143
432,995
7
Creditors: amounts falling due after more than one year
2026
2025
Notes
£
£
Bank loans and overdrafts
8
134,231
134,231
8
Loans and overdrafts
2026
2025
£
£
Bank loans
134,231
134,231
Payable after one year
134,231
134,231
P57 LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
9
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company:

Liabilities
Liabilities
2026
2025
Balances:
£
£
Deferred Tax
36,614
36,614
There were no deferred tax movements in the year.
2026-03-31 2025-04-01 false false false 11 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr P C Balding 09994746 2025-04-01 2026-03-31 09994746 2026-03-31 09994746 2025-03-31 09994746 core:FurnitureFittings 2026-03-31 09994746 core:FurnitureFittings 2025-03-31 09994746 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 09994746 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09994746 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 09994746 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 09994746 core:ShareCapital 2026-03-31 09994746 core:ShareCapital 2025-03-31 09994746 core:OtherMiscellaneousReserve 2026-03-31 09994746 core:OtherMiscellaneousReserve 2025-03-31 09994746 core:RetainedEarningsAccumulatedLosses 2026-03-31 09994746 core:RetainedEarningsAccumulatedLosses 2025-03-31 09994746 core:ShareCapital 2024-03-31 09994746 core:RetainedEarningsAccumulatedLosses 2024-03-31 09994746 bus:Director1 2025-04-01 2026-03-31 09994746 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 09994746 2024-04-01 2025-03-31 09994746 core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 09994746 core:FurnitureFittings 2025-04-01 2026-03-31 09994746 core:FurnitureFittings 2025-03-31 09994746 2025-03-31 09994746 core:CurrentFinancialInstruments 2026-03-31 09994746 core:CurrentFinancialInstruments 2025-03-31 09994746 core:Non-currentFinancialInstruments 2026-03-31 09994746 core:Non-currentFinancialInstruments 2025-03-31 09994746 core:WithinOneYear 2026-03-31 09994746 core:WithinOneYear 2025-03-31 09994746 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 09994746 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 09994746 bus:FRS102 2025-04-01 2026-03-31 09994746 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 09994746 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP