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REGISTERED NUMBER: 09512785 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

In Property Ltd

In Property Ltd (Registered number: 09512785)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


In Property Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: R W Bishop





SECRETARY: R W Bishop





REGISTERED OFFICE: 1 Sopwith Crescent
Wickford
SS11 8YU





REGISTERED NUMBER: 09512785 (England and Wales)





ACCOUNTANTS: Sygma Chartered Accountants
1 Sopwith Crescent
Wickford
Essex
SS11 8YU

In Property Ltd (Registered number: 09512785)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 717 843

CURRENT ASSETS
Stocks 60,964 60,964
Debtors 5 60,965 45,616
Cash at bank 52,377 69,034
174,306 175,614
CREDITORS
Amounts falling due within one year 6 4,600 20,016
NET CURRENT ASSETS 169,706 155,598
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,423

156,441

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 170,422 156,440
SHAREHOLDERS' FUNDS 170,423 156,441

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In Property Ltd (Registered number: 09512785)

Balance Sheet - continued
31 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 director and authorised for issue on 10 November 2023 and were signed by:





R W Bishop - Director


In Property Ltd (Registered number: 09512785)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

In Property 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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.

In Property Ltd (Registered number: 09512785)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 2,115
DEPRECIATION
At 1 April 2022 1,272
Charge for year 126
At 31 March 2023 1,398
NET BOOK VALUE
At 31 March 2023 717
At 31 March 2022 843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 60,965 45,616

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 3,760 12,186
Other creditors 840 7,830
4,600 20,016