2022-04-012023-03-312023-03-31false12194224Buckley Property 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Buckley Property Ltd

Registered Number
12194224
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

Buckley Property Ltd
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

Buckley, Lynne Beverley
Buckley, Matthew

Registered Address

9 Back Street
Ash
Martock
TA12 6NY

Registered Number

12194224 (England and Wales)
Buckley Property Ltd
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5202,407202,407
202,407202,407
Current assets
Debtors64,5003,900
Cash at bank and on hand6,6351,622
11,1355,522
Creditors amounts falling due within one year7(3,881)(3,188)
Net current assets (liabilities)7,2542,334
Total assets less current liabilities209,661204,741
Creditors amounts falling due after one year8(189,661)(192,730)
Net assets20,00012,011
Capital and reserves
Called up share capital22
Profit and loss account19,99812,009
Shareholders' funds20,00012,011
The financial statements were approved and authorised for issue by the Board of Directors on 26 September 2023, and are signed on its behalf by:
Buckley, Lynne Beverley
Director
Registered Company No. 12194224
Buckley Property Ltd
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 22202,407
At 31 March 23202,407
Net book value
At 31 March 23202,407
At 31 March 22202,407
6.Debtors

2023

2022

££
Trade debtors / trade receivables4,5003,900
Total4,5003,900
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Taxation and social security3,2162,583
Accrued liabilities and deferred income665605
Total3,8813,188
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts14,06310,132
Other creditors175,598182,598
Total189,661192,730