PI INVEST LTD


29 July 2020 false No description of principal activity Taxfiler 2022.4.1 SC669195business:PrivateLimitedCompanyLtd2020-07-292021-07-31 SC6691952020-07-28 SC6691952020-07-292021-07-31 SC669195business:AuditExempt-NoAccountantsReport2020-07-292021-07-31 SC669195business:FullAccounts2020-07-292021-07-31 SC6691952021-07-31 SC669195business:Director12020-07-292021-07-31 SC669195business:Director22020-07-292021-07-31 SC669195business:RegisteredOffice2020-07-292021-07-31 SC669195core:WithinOneYear2021-07-31 SC669195core:ShareCapital2021-07-31 SC669195core:RetainedEarningsAccumulatedLosses2021-07-31 SC669195business:SmallEntities2020-07-292021-07-31 SC669195countries:Scotland2020-07-292021-07-31 SC669195core:LandBuildings2020-07-292021-07-31 SC669195core:FurnitureFittings2020-07-292021-07-31 SC669195core:LandBuildings2020-07-28 SC669195core:FurnitureFittings2020-07-28 SC669195core:LandBuildings2021-07-31 SC669195core:FurnitureFittings2021-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC669195 (Scotland)
PI INVEST LTD Unaudited accounts for the period from 29 July 2020 to 31 July 2021
PI INVEST LTD Unaudited accounts Contents
Page
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PI INVEST LTD Company Information for the period from 29 July 2020 to 31 July 2021
Directors
DOREL, Pierre Guy NICOLAS HERMIDA, Iria
Company Number
SC669195 (Scotland)
Registered Office
2/1 6 ALLISON PLACE GLASGOW G42 8HE SCOTLAND
Accountants
Gabana Consulting Ltd 14 Lochburn Gardens Glasgow State G20 0SL
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PI INVEST LTD Statement of financial position as at 31 July 2021
2021 
Notes
£ 
Fixed assets
Tangible assets
100,255 
Current assets
Cash at bank and in hand
1,955 
Creditors: amounts falling due within one year
(116,972)
Net current liabilities
(115,017)
Net liabilities
(14,762)
Capital and reserves
Called up share capital
2 
Profit and loss account
(14,764)
Shareholders' funds
(14,762)
For the period ending 31 July 2021 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 24 May 2021 and were signed on its behalf by
NICOLAS HERMIDA, Iria Director Company Registration No. SC669195
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PI INVEST LTD Notes to the Accounts for the period from 29 July 2020 to 31 July 2021
1
Statutory information
PI INVEST LTD is a private company, limited by shares, registered in Scotland, registration number SC669195. The registered office is 2/1 6 ALLISON PLACE, GLASGOW, G42 8HE, SCOTLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
50 years
Fixtures & fittings
20% SL
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 29 July 2020
- 
- 
- 
Additions
99,001 
4,042 
103,043 
At 31 July 2021
99,001 
4,042 
103,043 
Depreciation
Charge for the period
1,980 
808 
2,788 
At 31 July 2021
1,980 
808 
2,788 
Net book value
At 31 July 2021
97,021 
3,234 
100,255 
5
Creditors: amounts falling due within one year
2021 
£ 
Loans from directors
116,492 
Accruals
480 
116,972 
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PI INVEST LTD Notes to the Accounts for the period from 29 July 2020 to 31 July 2021
6
Average number of employees
During the period the average number of employees was 0.
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