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Company Registration No. 12347929 (England and Wales)
Property Solutions Made Simple Limited Unaudited accounts for the year ended 31 December 2022
Property Solutions Made Simple Limited Unaudited accounts Contents
Page
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Property Solutions Made Simple Limited Company Information for the year ended 31 December 2022
Director
K McEneany
Company Number
12347929 (England and Wales)
Registered Office
LISCARD BUSINESS CENTRE, THE OLD SCHOOL LISCARD ROAD WALLASEY CH44 5TN UNITED KINGDOM
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Property Solutions Made Simple Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,707 
7,838 
Current assets
Cash at bank and in hand
330 
120 
Creditors: amounts falling due within one year
(50,038)
(16,098)
Net current liabilities
(49,708)
(15,978)
Total assets less current liabilities
(41,001)
(8,140)
Creditors: amounts falling due after more than one year
(3,867)
(26,757)
Net liabilities
(44,868)
(34,897)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(44,968)
(34,997)
Shareholders' funds
(44,868)
(34,897)
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2023 and were signed on its behalf by
K McEneany Director Company Registration No. 12347929
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Property Solutions Made Simple Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Property Solutions Made Simple Limited is a private company, limited by shares, registered in England and Wales, registration number 12347929. The registered office is LISCARD BUSINESS CENTRE, THE OLD SCHOOL, LISCARD ROAD, WALLASEY, CH44 5TN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Furniture 20% reducing balance method Equipments 20% reducing balance method
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2022
6,644 
4,234 
10,878 
Additions
246 
2,800 
3,046 
At 31 December 2022
6,890 
7,034 
13,924 
Depreciation
At 1 January 2022
1,580 
1,460 
3,040 
Charge for the year
1,062 
1,115 
2,177 
At 31 December 2022
2,642 
2,575 
5,217 
Net book value
At 31 December 2022
4,248 
4,459 
8,707 
At 31 December 2021
5,064 
2,774 
7,838 
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Property Solutions Made Simple Limited Notes to the Accounts for the year ended 31 December 2022
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
23,465 
3,068 
Other creditors
26,573 
13,030 
50,038 
16,098 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
3,867 
26,757 
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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