Pear Oak Properties Ltd - Accounts to registrar (filleted) - small 17.3

Pear Oak Properties Ltd - Accounts to registrar (filleted) - small 17.3

PEAR OAK PROPERTIES LTD - Company Information

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REGISTERED NUMBER: 10007403 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 FEBRUARY 2016 TO 28 FEBRUARY 2017

FOR

PEAR OAK PROPERTIES LTD
PEAR OAK PROPERTIES LTD (REGISTERED NUMBER: 10007403)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 FEBRUARY 2016 TO 28 FEBRUARY 2017










Page

Balance Sheet 1

Notes to the Financial Statements 3


PEAR OAK PROPERTIES LTD (REGISTERED NUMBER: 10007403)

BALANCE SHEET
28 FEBRUARY 2017

Notes £   
FIXED ASSETS
Investment property 4 120,000

CURRENT ASSETS
Cash at bank 74

CREDITORS
Amounts falling due within one year 5 (11,066 )
NET CURRENT LIABILITIES (10,992 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
109,008

CREDITORS
Amounts falling due after more than one
year
6
(58,316
)

PROVISIONS FOR LIABILITIES (9,447 )
NET ASSETS 41,245

CAPITAL AND RESERVES
Called up share capital 9 100
Non distributable reserves 10 40,272
Retained earnings 10 873
SHAREHOLDERS' FUNDS 41,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 notes form part of these financial statements

Page 1 continued...
PEAR OAK PROPERTIES LTD (REGISTERED NUMBER: 10007403)

BALANCE SHEET - continued
28 FEBRUARY 2017


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 16 November 2017 and were signed by:





K McHale - Director


The notes form part of these financial statements

Page 2
PEAR OAK PROPERTIES LTD (REGISTERED NUMBER: 10007403)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 FEBRUARY 2016 TO 28 FEBRUARY 2017


1. STATUTORY INFORMATION

Pear Oak Properties Ltd 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.

Investment property
Investment properties are revalued at the accounting date and the aggregate surplus or temporary deficit is
recognised in the Profit and Loss account. A reserve transfer to other non distributable reserves is then made.

Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

No depreciation or amortisation is provided in respect of freehold and long leasehold properties.

The properties were revalued by the Director at the year end.

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.

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 period 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 period was 1 .

Page 3 continued...
PEAR OAK PROPERTIES LTD (REGISTERED NUMBER: 10007403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 FEBRUARY 2016 TO 28 FEBRUARY 2017


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 120,000
At 28 February 2017 120,000
NET BOOK VALUE
At 28 February 2017 120,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts (see note 7) 8,296
Trade creditors 501
Tax 943
Other creditors 281
Directors' current accounts 45
Accrued expenses 1,000
11,066

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans (see note 7) 58,316

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 25,131

7. LOANS

An analysis of the maturity of loans is given below:

£   
Amounts falling due within one year or on demand:
Bank loans 8,296

Amounts falling due between one and two years:
Bank loans - 1-2 years 8,296

Amounts falling due between two and five years:
Bank loans - 2-5 years 24,889

Amounts falling due in more than five years:

Page 4 continued...
PEAR OAK PROPERTIES LTD (REGISTERED NUMBER: 10007403)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 FEBRUARY 2016 TO 28 FEBRUARY 2017


7. LOANS - continued
£   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 25,131

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 66,612

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100

10. RESERVES
Non
Retained distributable
earnings reserves Totals
£    £    £   

Profit for the period 44,045 44,045
Dividends (2,900 ) (2,900 )
Transfer to non-distributable (40,272 ) 40,272 -
At 28 February 2017 873 40,272 41,145

11. ULTIMATE CONTROLLING PARTY

The controlling party is K McHale.

Page 5