Company Registration No. 16524852 (England and Wales)
Psc Homes Ltd
Unaudited accounts
for the period from 17 June 2025 to 30 June 2026
Psc Homes Ltd
Unaudited accounts
Contents
Psc Homes Ltd
Company Information
for the period from 17 June 2025 to 30 June 2026
Directors
Elizabeth Kidner
Mark Weller
Company Number
16524852 (England and Wales)
Registered Office
Tamworth Enterprise Centre
Corporation St
Tamworth
B79 7DN
United Kingdom
Accountants
Simplified Accountants Ltd
30 Priors Grove Close
Warwick
Warwickshire
CV34 6LY
Psc Homes Ltd
Statement of financial position
as at 30 June 2026
Investment property
668,155
Cash at bank and in hand
7,639
Creditors: amounts falling due within one year
(544)
Total assets less current liabilities
675,250
Creditors: amounts falling due after more than one year
(729,252)
Called up share capital
100
Profit and loss account
(54,102)
Shareholders' funds
(54,002)
For the period ending 30 June 2026 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 28 October 2026 and were signed on its behalf by
Elizabeth Kidner
Director
Company Registration No. 16524852
Psc Homes Ltd
Notes to the Accounts
for the period from 17 June 2025 to 30 June 2026
Psc Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 16524852. The registered office is Tamworth Enterprise Centre, Corporation St, Tamworth, B79 7DN, United Kingdom.
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.
These financial statements for the period from 17 June 2025 to 30 June 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 17 June 2025.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Net gain from fair value adjustments
40,668
Psc Homes Ltd
Notes to the Accounts
for the period from 17 June 2025 to 30 June 2026
5
Creditors: amounts falling due within one year
2026
6
Creditors: amounts falling due after more than one year
2026
Taxes and social security
10,167
Loans from directors
593,085
7
Average number of employees
During the period the average number of employees was 0.