COMPANY REGISTRATION NUMBER:
11692209
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Piper Homes Strategic Land Limited |
|
|
Filleted Unaudited Financial Statements |
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Piper Homes Strategic Land Limited |
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Statement of Financial Position |
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31 December 2025
Current assets
|
Work in progress |
14,758 |
14,758 |
|
Debtors |
4 |
3,349 |
49 |
|
Cash at bank and in hand |
30,646 |
372,824 |
|
-------- |
--------- |
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48,753 |
387,631 |
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|
|
|
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Creditors: amounts falling due within one year |
5 |
50,551 |
387,629 |
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-------- |
--------- |
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Net current (liabilities)/assets |
(
1,798) |
2 |
|
------- |
---- |
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Total assets less current liabilities |
(
1,798) |
2 |
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------- |
---- |
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|
|
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Capital and reserves
|
Called up share capital |
2 |
2 |
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Profit and loss account |
(
1,800) |
– |
|
------- |
---- |
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Shareholder (deficit)/funds |
(
1,798) |
2 |
|
------- |
---- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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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 financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
22 October 2026
, and are signed on behalf of the board by:
Company registration number:
11692209
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Piper Homes Strategic Land Limited |
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Notes to the Financial Statements |
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Year ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 4 Europa Way, Europa Way, Britannia Enterprise Park, Lichfield, Staffordshire, WS14 9TZ, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared on a going concern basis assuming the continued support of the company's directors, who believe the realisable value of work in progress is in excess of the balance sheet value at 31 December 2025.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) Disclosures in respect of share-based payments have not been presented.
Work in progress
Work in progress is valued at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. 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. Debt instruments are subsequently measured at amortised cost. 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. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Debtors
|
2025 |
2024 |
|
£ |
£ |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
3,300 |
– |
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Other debtors |
49 |
49 |
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------- |
---- |
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3,349 |
49 |
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------- |
---- |
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5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
50,551 |
387,629 |
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-------- |
--------- |
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6.
Controlling party
The company is a wholly owned subsidiary of Piper Homes Plc, whose registered office and principal place of business is 2nd Floor, 110 Cannon Street, London, EC4N 6EU.