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REGISTERED NUMBER: 07205934 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

And Co Property Services Ltd

And Co Property Services Ltd (Registered number: 07205934)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


And Co Property Services Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTORS: G R Thomas
P T Broomham
D S D Steptoe





REGISTERED OFFICE: 27 Sheep Street
Bicester
Oxfordshire
OX26 6JF





REGISTERED NUMBER: 07205934 (England and Wales)





ACCOUNTANTS: Handleys Chartered Accountants
10 Manor Park
Banbury
Oxfordshire
OX16 3TB

And Co Property Services Ltd (Registered number: 07205934)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 227,500 260,000
Tangible assets 5 158,562 121,753
Investments 6 6,950,760 6,960,760
7,336,822 7,342,513

CURRENT ASSETS
Cash at bank 414,668 120,274

CREDITORS
Amounts falling due within one year 7 3,897,386 3,648,689
NET CURRENT LIABILITIES (3,482,718 ) (3,528,415 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,854,104

3,814,098

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3,854,102 3,814,096
3,854,104 3,814,098

And Co Property Services Ltd (Registered number: 07205934)

Balance Sheet - continued
30 April 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2023 and were signed on its behalf by:





G R Thomas - Director


And Co Property Services Ltd (Registered number: 07205934)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

And Co Property Services 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of value added tax and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. For sales of goods, the turnover is shown net of distribution and carriage charges.

Revenue from sale of goods is recognised when significant risks and rewards of ownership have been transferred to the buyer, when the amount of revenue can be measured reliably, when it is probable that the economic benefits associated with the transaction will flow to the entity and when the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from sale of services is recognised when the stage of completion of the transaction can be measured reliably.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.


And Co Property Services Ltd (Registered number: 07205934)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 46 (2022 - 48 ) .

And Co Property Services Ltd (Registered number: 07205934)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 650,000
AMORTISATION
At 1 May 2022 390,000
Charge for year 32,500
At 30 April 2023 422,500
NET BOOK VALUE
At 30 April 2023 227,500
At 30 April 2022 260,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 317,599
Additions 134,017
At 30 April 2023 451,616
DEPRECIATION
At 1 May 2022 195,846
Charge for year 97,208
At 30 April 2023 293,054
NET BOOK VALUE
At 30 April 2023 158,562
At 30 April 2022 121,753

And Co Property Services Ltd (Registered number: 07205934)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2022 6,960,760
Impairments (10,000 )
At 30 April 2023 6,950,760
NET BOOK VALUE
At 30 April 2023 6,950,760
At 30 April 2022 6,960,760

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Ella Residential Lettings Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary 100.00

Ella Homes Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary 100.00

Peter Ball & Co Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary 100.00

Household Estate Agents Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary 100.00

And Co Property Services Ltd (Registered number: 07205934)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. FIXED ASSET INVESTMENTS - continued

Apple Homes Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary 100.00
Ordinary A & B 100.00

Macintyers Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary A, B & C 100.00

Property Solutions (Lettings & Management) Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary A 100.00

Home And Abroad Rentals Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary A & B 100.00

Zebra Asset Management Ltd
Registered office: 27 Sheep Street; Bicester; Oxfordshire; OX26 6JF
Nature of business: Management of real estate
%
Class of shares: holding
Ordinary A 100.00

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Other creditors 3,897,386 3,648,689