PDC Investments (UK) Limited - Accounts to registrar (filleted) - small 18.2

PDC Investments (UK) Limited - Accounts to registrar (filleted) - small 18.2

PDC INVESTMENTS (UK) LIMITED - Company Information

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REGISTERED NUMBER: 06927838 (England and Wales)















Unaudited Financial Statements

for the Period 1 July 2017 to 31 December 2017

for

PDC INVESTMENTS (UK) LIMITED
BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF








PDC INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 06927838)

Contents of the Financial Statements
for the Period 1 July 2017 to 31 December 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PDC INVESTMENTS (UK) LIMITED

Company Information
for the Period 1 July 2017 to 31 December 2017







DIRECTOR: J E Billingham





REGISTERED OFFICE: Century Buildings
14 St. Mary's Parsonage
Manchester
M3 2DF





REGISTERED NUMBER: 06927838 (England and Wales)





ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF
1
PDC INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 06927838)

Balance Sheet
31 December 2017

31.12.17 30.6.17
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 595,670 595,670

CURRENT ASSETS
Cash at bank 38,439 38,272

CREDITORS
Amounts falling due within one year 4 33,992 3,000
NET CURRENT ASSETS 4,447 35,272
TOTAL ASSETS LESS CURRENT
LIABILITIES
600,117
630,942

CREDITORS
Amounts falling due after more than one
year
5
363,848
363,821
NET ASSETS 236,269 267,121

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 236,267 267,119
SHAREHOLDERS' FUNDS 236,269 267,121

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 26 September 2018 and were signed by:





J E Billingham - Director


The notes form part of these financial statements

2
PDC INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 06927838)

Notes to the Financial Statements
for the Period 1 July 2017 to 31 December 2017


1. STATUTORY INFORMATION

PDC Investments (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.

Investment property
Tangible fixed assets include investment properties professionally valued on an existing use open market value
basis.

Investment properties are included in the balance sheet at their open market value.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities
(effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible
assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the
financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors
reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be
separately identified or quantified.

Taxation
Taxation for the period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2017
and 31 December 2017 595,670
NET BOOK VALUE
At 31 December 2017 595,670
At 30 June 2017 595,670

The director has valued the investment properties at cost. No depreciation is provided in respect of these
properties.

3 continued...
PDC INVESTMENTS (UK) LIMITED (REGISTERED NUMBER: 06927838)

Notes to the Financial Statements - continued
for the Period 1 July 2017 to 31 December 2017


4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 30.6.17
£    £   
Amounts owed to associates 29,294 -
Accrued expenses 4,698 3,000
33,992 3,000

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.17 30.6.17
£    £   
Bank loans more 5 yrs non-inst 363,848 363,821

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 363,848 363,821

6. SECURED DEBTS

The following secured debts are included within creditors:

31.12.17 30.6.17
£    £   
Bank loans 363,848 363,821

The loan is secured by a fixed and floating charge over the assets of the company.

7. ULTIMATE CONTROLLING PARTY

The controlling party is J E Billingham.

4