P.H.D. Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01052395 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2017

FOR

P.H.D. PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P H D Jackson

REGISTERED OFFICE:

Unit K, The Brewery

Bells Yew Green

Tunbridge Wells

TN3 9BD

REGISTERED NUMBER:

01052395 (England and Wales)

ACCOUNTANTS:

Balanced Accounting LLP

Unit K, The Brewery

Bells Yew Green

Tunbridge Wells

Kent

TN3 9BD

CURRENT ASSETS

Stocks

4,075

Debtors

3

602,321

450,124

Cash at bank

1,866,103

2,030,602

2,472,499

2,484,801

CREDITORS

Amounts falling due within one year

4

1,371,336

1,419,538

NET CURRENT ASSETS

1,101,163

1,065,263

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,101,163

1,065,263

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,101,063

1,065,163

SHAREHOLDERS' FUNDS

1,101,163

1,065,263

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 29 March 2018 and were signed by:

P H D Jackson - Director

1.	STATUTORY INFORMATION

P.H.D. Properties 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.

Turnover

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

value added tax and other sales taxes.

Stocks

Stock is valued at the lower of cost and net realisable value.

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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/17

30/6/16

£

Amounts owed by group undertakings

602,321

450,124

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/17

30/6/16

£

Amounts owed to group undertakings

1,361,100

Taxation and social security

8,836

57,188

Other creditors

1,400

1,250

1,371,336

1,419,538

5.	RELATED PARTY DISCLOSURES

During the year ended 30 June 2017, P H D Jackson, the director, had a controlling interest in 100% of the

issued share capital by virtue of his controlling interest in Glenister Properties Limited, the company's parent

company.

During the year an administration cost re-charge was made to the parent company, Glenister Properties Limited,

in the sum of £10,000.

The ultimate controlling party is Glenister Properties Limited, which owns 100% of the issued share capital.

P.H.D. Properties Limited - Accounts to registrar (filleted) - small 17.3

P.H.D. Properties Limited - Accounts to registrar (filleted) - small 17.3