Registration number:
PJA Developments Limited
for the Year Ended 30 April 2026
PJA Developments Limited
Contents
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
PJA Developments Limited
(Registration number: 04514789)
Balance Sheet as at 30 April 2026
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Note |
2026 |
2025 |
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fixed assets |
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tangible assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
( |
( |
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Net assets |
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capital and reserves |
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Called up share capital |
100 |
100 |
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Fair value reserve |
307,901 |
255,654 |
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Profit and loss account |
351,001 |
314,713 |
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Total equity |
659,002 |
570,467 |
For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
PJA Developments Limited
(Registration number: 04514789)
Balance Sheet as at 30 April 2026
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......................................... |
PJA Developments Limited
Statement of Changes in Equity for the Year Ended 30 April 2026
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Share capital |
Non-distributable reserve |
Retained earnings |
Total |
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At 1 May 2025 |
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Profit for the year |
- |
- |
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Other comprehensive income |
- |
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- |
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Total comprehensive income |
- |
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Dividends |
- |
- |
( |
( |
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Transfers |
- |
- |
(52,248) |
(52,248) |
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At 30 April 2026 |
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Share capital |
Non-distributable reserve |
Retained earnings |
Total |
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At 1 May 2024 |
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Profit for the year |
- |
- |
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Dividends |
- |
- |
( |
( |
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At 30 April 2025 |
100 |
255,654 |
314,713 |
570,467 |
PJA Developments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
PJA Developments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
Judgements
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 based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
i) Estimated useful lives and residual values of fixed assets - As described in the notes to the financial statements, depreciation of tangible fixed assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriately the directors. Estimate useful lives and residual values are reviewed annually and revised as appropriate. Revisions take into account estimated useful lives used by other companies operating in the sector and actual asset lives and residual values, as evidenced by disposals during the current and prior accounting periods. |
ii) Valuation of investment property - Investment property is stated in the balance sheet at fair value, based on the valuation performed by the directors. The directors are of the opinion that the year-end valuation is not materially different to current market prices observed. Investment property has been recognised at fair value by the directors and they are of the opinion that there has been no material change since 30th April 2020. |
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
PJA Developments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Fixtures and fittings |
20% reducing balance |
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Investment property
Leases
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
PJA Developments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
Financial instruments
Recognition and measurement
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis or similar credit risk characteristics.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
PJA Developments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
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Tangible assets |
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Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 May 2025 |
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Additions |
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At 30 April 2026 |
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Depreciation |
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At 1 May 2025 |
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Charge for the year |
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At 30 April 2026 |
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Carrying amount |
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At 30 April 2026 |
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At 30 April 2025 |
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Investment properties |
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2026 |
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At 1 May |
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Fair value adjustments |
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At 30 April |
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There has been no valuation of investment property by an independent valuer.
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Debtors |
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Current |
2026 |
2025 |
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Prepayments |
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PJA Developments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
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Creditors |
Creditors: amounts falling due within one year
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2026 |
2025 |
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Due within one year |
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Taxation and social security |
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Other creditors |
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Creditors: amounts falling due after more than one year
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Note |
2026 |
2025 |
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Due after one year |
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Other creditors |
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Related party transactions |
At 30th April 2026 the company owed £355,011 to the directors (£2025: £ 380,761). All other transactions undertaken with the directors are deemed to be conducted under normal market conditions or are not material.
PJA Developments Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026
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Non adjusting events after the financial period |
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