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REGISTERED NUMBER: 06086447 (England and Wales)















Financial Statements For The Year Ended 31st March 2023

for

Property Investment Solutions Ltd

Property Investment Solutions Ltd (Registered number: 06086447)






Contents of the Financial Statements
For The Year Ended 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Property Investment Solutions Ltd

Company Information
For The Year Ended 31st March 2023







DIRECTORS: Mr C Lawrence
Mrs D H Lawrence





SECRETARY: Mrs D H Lawrence





REGISTERED OFFICE: 64 High Street
Belper
Derbyshire
DE56 1GF





REGISTERED NUMBER: 06086447 (England and Wales)





ACCOUNTANTS: L& S Accountancy Services
64 High Street
Belper
Derbyshire
DE56 1GF

Property Investment Solutions Ltd (Registered number: 06086447)

Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,000 126,000

CURRENT ASSETS
Debtors 5 1,039 123
Cash at bank 1,249 596
2,288 719
CREDITORS
Amounts falling due within one year 6 61,125 64,263
NET CURRENT LIABILITIES (58,837 ) (63,544 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,163

62,456

CREDITORS
Amounts falling due after more than one
year

7

39,707

39,709
NET ASSETS 27,456 22,747

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 27,446 22,737
SHAREHOLDERS' FUNDS 27,456 22,747

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

Property Investment Solutions Ltd (Registered number: 06086447)

Balance Sheet - continued
31st March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th August 2023 and were signed on its behalf by:





Mr C Lawrence - Director


Property Investment Solutions Ltd (Registered number: 06086447)

Notes to the Financial Statements
For The Year Ended 31st March 2023

1. STATUTORY INFORMATION

Property Investment Solutions 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
No depreciation is provided on the Freehold Property as the directors are of the opinion that its cost is a fair valuation of its current value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st April 2022
and 31st March 2023 126,000
NET BOOK VALUE
At 31st March 2023 126,000
At 31st March 2022 126,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,039 123

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 1,105 447
Other creditors 60,020 63,816
61,125 64,263

Property Investment Solutions Ltd (Registered number: 06086447)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 39,707 39,709

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal - 39,709

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31st March 2023 there was an amount of £16,078 (202: £18,848) owing to the directors, Mr. C. and Mrs. D. H. Lawrence. This amount is interest free, unsecured and has no fixed repayment terms.

9. RELATED PARTY DISCLOSURES

At 31st March 2023 the company owed the sum of £43,420 (2021 - £44,420) to Process Solutions Ltd, a
company that is owned and controlled by Mr. C. & Mrs. D. H. Lawrence.