Pavlou Enterprises Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08586737 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2018

for

Pavlou Enterprises Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr T Pavlou

SECRETARY:

REGISTERED OFFICE:

1146 High Road

Whetstone

London

N20 0RA

REGISTERED NUMBER:

08586737 (England and Wales)

ACCOUNTANTS:

Cymans

Chartered Certified Accountants

1146 High Road

Whetstone

London

N20 0RA

FIXED ASSETS

Investment property

3

174,500

134,465

CURRENT ASSETS

Debtors

4

-

456

Cash at bank

4,788

4,625

4,788

5,081

CREDITORS

Amounts falling due within one year

5

112,214

119,707

NET CURRENT LIABILITIES

(107,426

)

(114,626

)

TOTAL ASSETS LESS CURRENT LIABILITIES

67,074

19,839

PROVISIONS FOR LIABILITIES

7,607

-

NET ASSETS

59,467

19,839

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

6

59,466

19,838

SHAREHOLDERS' FUNDS

59,467

19,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 March 2019 and were signed by:

Mr T Pavlou - Director

1.	STATUTORY INFORMATION

Pavlou Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2017

134,465

Revaluations

40,035

At 30 June 2018

174,500

NET BOOK VALUE

At 30 June 2018

174,500

At 30 June 2017

134,465

Fair value at 30 June 2018 is represented by:

£

Valuation in 2018

40,035

Cost

134,465

174,500

If investment property had not been revalued it would have been included at the following historical cost:

30.6.18

30.6.17

£

£

Cost

134,465

134,465

Investment property was valued on an open market basis on 30 June 2018 by the director .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Other debtors

-

456

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Taxation and social security

4,578

3,080

Other creditors

107,636

116,627

112,214

119,707

6.

RESERVES

Retained

earnings

£

At 1 July 2017

19,838

Profit for the year

39,628

At 30 June 2018

59,466

Retained earnings comprised of:

Distributable reserves £27,038

Non distributable reserves £ 32,428

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr T Pavlou.

The company is under the ultimate control of Mr T Pavlou by virtue of his controlling shareholding in the

company.