PM Property Holdings UK Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09469564 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2017

for

PM Property Holdings UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

P M Gardiner

REGISTERED OFFICE:

Hornbeam House

Bidwell Road

Rackheath

Norwich

Norfolk

NR13 6PT

REGISTERED NUMBER:

09469564 (England and Wales)

ACCOUNTANTS:

Hornbeam Accountancy Services Ltd

Chartered Accountants

Hornbeam House

Bidwell Road

Rackheath

Norwich

Norfolk

NR13 6PT

FIXED ASSETS

Tangible assets

3

1,125,000

-

CURRENT ASSETS

Cash at bank

20

657

CREDITORS

Amounts falling due within one year

4

32,516

9,787

NET CURRENT LIABILITIES

(32,496

)

(9,130

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,092,504

(9,130

)

CREDITORS

Amounts falling due after more than one year

5

1,103,764

-

NET LIABILITIES

(11,260

)

(9,130

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6

(11,360

)

(9,230

)

SHAREHOLDERS' FUNDS

(11,260

)

(9,130

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 27 March 2018 and were signed by:

P M Gardiner - Director

1.	STATUTORY INFORMATION

PM Property Holdings UK Limited 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

1,125,000

At 31 March 2017

1,125,000

NET BOOK VALUE

At 31 March 2017

1,125,000

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Other creditors

32,516

9,787

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.17

31.3.16

£

£

Other creditors

1,103,764

-

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

673,820

-

6.

RESERVES

Retained

earnings

£

At 1 April 2016

(9,230

)

Deficit for the year

(2,130

)

At 31 March 2017

(11,360

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.

Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not

required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of PM Property Holdings UK Limited for the year ended 31 March 2017 which comprise the Income Statement, Balance

Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of PM Property Holdings UK Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PM Property Holdings UK Limited and state those matters that we have agreed to state to the director of PM Property Holdings UK Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PM Property Holdings UK Limited and its director for our work or for this report.

It is your duty to ensure that PM Property Holdings UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of PM Property Holdings UK Limited. You consider that PM Property Holdings UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PM Property Holdings UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hornbeam Accountancy Services Ltd

Chartered Accountants

Hornbeam House

Bidwell Road

Rackheath

Norwich

Norfolk

NR13 6PT

27 March 2018