2022-04-01 2023-03-31 false Capium Accounts Production 1.1 11225578 bus:FullAccounts 2022-04-01 2023-03-31 11225578 bus:FRS102 2022-04-01 2023-03-31 11225578 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11225578 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 11225578 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11225578 2022-04-01 2023-03-31 11225578 2023-03-31 11225578 bus:RegisteredOffice 2022-04-01 2023-03-31 11225578 core:WithinOneYear 2023-03-31 11225578 core:AfterOneYear 2023-03-31 11225578 bus:Director1 2022-04-01 2023-03-31 11225578 bus:Director1 2023-03-31 11225578 bus:Director1 2021-04-01 2022-03-31 11225578 bus:Director2 2022-04-01 2023-03-31 11225578 bus:Director2 2023-03-31 11225578 bus:Director2 2021-04-01 2022-03-31 11225578 2021-04-01 11225578 bus:CompanySecretary1 2022-04-01 2023-03-31 11225578 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 11225578 2021-04-01 2022-03-31 11225578 2022-03-31 11225578 core:WithinOneYear 2022-03-31 11225578 core:AfterOneYear 2022-03-31 11225578 bus:EntityAccountantsOrAuditors 2021-04-01 2022-03-31 11225578 core:PlantMachinery 2022-04-01 2023-03-31 11225578 core:PlantMachinery 2023-03-31 11225578 core:PlantMachinery 2022-03-31 11225578 core:MotorCars 2022-04-01 2023-03-31 11225578 core:MotorCars 2023-03-31 11225578 core:MotorCars 2022-03-31 11225578 core:ComputerEquipment 2022-04-01 2023-03-31 11225578 core:ComputerEquipment 2023-03-31 11225578 core:ComputerEquipment 2022-03-31 11225578 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 11225578 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-03-31 11225578 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 11225578 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 11225578 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 11225578 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 11225578 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 11225578 core:Non-currentFinancialInstruments 2023-03-31 11225578 core:Non-currentFinancialInstruments 2022-03-31 11225578 core:ShareCapital 2023-03-31 11225578 core:ShareCapital 2022-03-31 11225578 core:RetainedEarningsAccumulatedLosses 2023-03-31 11225578 core:RetainedEarningsAccumulatedLosses 2022-03-31 11225578 dpl:Item1 2022-04-01 11225578 dpl:Item1 2023-03-31 11225578 dpl:Item1 2021-04-01 11225578 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11225578
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 March 2023

for

PLYMOUTH PROPERTY MAINTENANCE LTD

Directors Mr J O Peek
Mr B J Stanbury
Registered Number 11225578
Registered Office 5 Sandy Court, Ashleigh Way
Plympton
Plymouth
Devon
PL7 5JX
Accountants H M Williams Chartered Certified Accountants
5 Sandy Court
Ashleigh Way
Plymouth
PL7 5JX
1
Director's report and financial statements
The directors present his/her/their annual report and the financial statements for the year ended 31 March 2023.
Principal activities
The principal activity of the company in the year under review was that of property maintenance.
Directors
The directors who have held office during the whole of the year were as follows:
Mr J O Peek
Mr B J Stanbury
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Mr J O Peek
Director

Date approved: 17 October 2023
2
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 68,848    80,995 
68,848    80,995 
Current assets      
Stocks 4 17,000   
Debtors 5 37,026    67,173 
Cash at bank and in hand 81,636    51,960 
135,662    119,133 
Creditors: amount falling due within one year 6 (114,991)   (86,070)
Net current assets 20,671    33,063 
 
Total assets less current liabilities 89,519    114,058 
Creditors: amount falling due after more than one year 7 (85,446)   (97,709)
Provisions for liabilities 8 (3,774)   (4,571)
Net assets 299    11,778 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 199    11,678 
Shareholder's funds 299    11,778 
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 17 October 2023 and were signed on its behalf by:


-------------------------------
Mr J O Peek
Director
3
General Information
Plymouth Property Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 11225578, registration address 5 Sandy Court, Ashleigh Way, Plympton, Plymouth, Devon, PL7 5JX.

The presentation currency is £ sterling.
1.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation for the year 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 taxation
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.
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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Computer Equipment 3 Years Straight Line
Pension Costs and Other Post-Retirement Benefits
The company operates a defined contribution pension scheme. The contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
2.

Average number of employees


Average number of employees during the year was 16 (2022 : 14).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Motor Vehicles   Computer Equipment   Total
  £   £   £   £
At 01 April 2022 3,185    116,273    1,343    120,801 
Additions 780    12,495      13,275 
Disposals   (4,000)     (4,000)
At 31 March 2023 3,965    124,768    1,343    130,076 
Depreciation
At 01 April 2022 1,648    37,037    1,121    39,806 
Charge for year 579    22,371    222    23,172 
On disposals   (1,750)     (1,750)
At 31 March 2023 2,227    57,658    1,343    61,228 
Net book values
Closing balance as at 31 March 2023 1,738    67,110      68,848 
Opening balance as at 01 April 2022 1,537    79,236    222    80,995 


4.

Stocks

2023
£
  2022
£
Work in Progress 17,000   
17,000   

5.

Debtors: amounts falling due within one year

2023
£
  2022
£
Trade Debtors 8,588    21,619 
Other Debtors 28,438    45,554 
37,026    67,173 

6.

Creditors: amount falling due within one year

2023
£
  2022
£
Trade Creditors 39,392    20,857 
Taxation and Social Security 47,210    39,716 
Other Creditors 28,389    25,497 
114,991    86,070 

7.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Obligations under HP/Financial Leases 47,860    54,581 
Other Creditors 37,586    43,128 
85,446    97,709 

8.

Provisions for liabilities

2023
£
  2022
£
Deferred Tax 3,774    4,571 
3,774    4,571 

9.

Director’s loan

Directors advances, credits and guarantees - J Peek

  2023
£
  2022
£
Balance outstanding at start of year (9,564) (5,106)
Amounts advanced (522) (4,925)
Amounts repaid 10,752  467 
Balance outstanding at end of year 666  (9,564)

Directors advances, credits and guarantees - B Stanbury

  2023
£
  2022
£
Balance outstanding at start of year (6,228) (3,240)
Amounts advanced (694) (3,487)
Amounts repaid 7,612  499 
Balance outstanding at end of year 690  (6,228)

10.

Controlling Party

The company is controlled by its directors.
4