COMPANY REGISTRATION NUMBER:
13565301
|
Piper Homes (Ladybrook) Ltd |
|
|
Filleted Unaudited Financial Statements |
|
|
Piper Homes (Ladybrook) Ltd |
|
|
Statement of Financial Position |
|
31 December 2025
Current assets
|
Stocks |
– |
350,000 |
|
Debtors |
4 |
256,873 |
414,052 |
|
--------- |
--------- |
|
256,873 |
764,052 |
|
|
|
|
|
Creditors: amounts falling due within one year |
5 |
273,597 |
639,980 |
|
--------- |
--------- |
|
Net current (liabilities)/assets |
(
16,724) |
124,072 |
|
-------- |
--------- |
|
Total assets less current liabilities |
(
16,724) |
124,072 |
|
-------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
1 |
1 |
|
Profit and loss account |
(
16,725) |
124,071 |
|
-------- |
--------- |
|
Shareholder (deficit)/funds |
(
16,724) |
124,072 |
|
-------- |
--------- |
|
|
|
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
;
-
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
2 November 2026
, and are signed on behalf of the board by:
Company registration number:
13565301
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Piper Homes (Ladybrook) Ltd |
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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 House, 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.
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable on legal completion of a residential property sale, stated net of discounts and value added tax.
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.
4.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
214,474 |
– |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
35,747 |
372,825 |
|
Other debtors |
6,652 |
41,227 |
|
--------- |
--------- |
|
256,873 |
414,052 |
|
--------- |
--------- |
|
|
|
5.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
1,689 |
3,072 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
271,908 |
636,908 |
|
--------- |
--------- |
|
273,597 |
639,980 |
|
--------- |
--------- |
|
|
|
6.
Related party transactions
Related Party Transactions During the year, the company advanced £35,567 to Pierpont Rose Holdings Limited, a company controlled by Rupert Parkin and Hannah Parkin. The advance was made on 27 June 2025 and was repaid in full on 28 July 2025. The advance was unsecured and interest-free, and no balance remained outstanding at the year end.
7.
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.