Petersham Estates Ltd - Accounts to registrar (filleted) - small 23.2.5
Petersham Estates Ltd - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2023 |
| for |
| Petersham Estates Ltd |
| Petersham Estates Ltd (Registered number: 09239467) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Petersham Estates Ltd |
| Company Information |
| for the Year Ended 30 September 2023 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 13 Kings Avenue |
| Ealing |
| London |
| W5 2SJ |
| Petersham Estates Ltd (Registered number: 09239467) |
| Balance Sheet |
| 30 September 2023 |
| 30.9.23 | 30.9.22 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| Petersham Estates Ltd (Registered number: 09239467) |
| Balance Sheet - continued |
| 30 September 2023 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Petersham Estates Ltd (Registered number: 09239467) |
| Notes to the Financial Statements |
| for the Year Ended 30 September 2023 |
| 1. | STATUTORY INFORMATION |
| Petersham Estates Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Petersham Estates Ltd (Registered number: 09239467) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2023 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1 October 2022 |
| and 30 September 2023 |
| DEPRECIATION |
| At 1 October 2022 |
| Charge for year |
| At 30 September 2023 |
| NET BOOK VALUE |
| At 30 September 2023 |
| At 30 September 2022 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 October 2022 |
| and 30 September 2023 |
| DEPRECIATION |
| At 1 October 2022 |
| Charge for year |
| At 30 September 2023 |
| NET BOOK VALUE |
| At 30 September 2023 |
| At 30 September 2022 |
| Freehold properties are shown at the directors' valuation |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.23 | 30.9.22 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Petersham Estates Ltd (Registered number: 09239467) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 September 2023 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.9.23 | 30.9.22 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.9.23 | 30.9.22 |
| £ | £ |
| Other creditors |
| 8. | VALUATION OF FREEHOLD PROPERTY |
| Freehold property is valued by the directors at market value at the year end date |
| 9. | PROVISIONS FOR LIABILITIES |
| A deferred tax provision has been been made in the sum of £771,146, being notional capital gains tax payable, if the freehold properties were sold at the market value incorporated into the balance sheet of these accounts |
| 10. | CHARGE OVER COMPANY ASSETS |
| Coutts Bank have a fixed and floating charge over the company's assets dated 28 October 2019 |
| 11. | PERSONAL GUARANTEE |
| L Christofides, one of the directors, has given a personal guarantee to Coutts Bank |