UK PROPERTY FINANCE LIMITED

Company Registration Number:
05050640 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

UK PROPERTY FINANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

UK PROPERTY FINANCE LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 137,685 137,685
Tangible assets: 4 5,379 6,266
Total fixed assets: 143,064 143,951
Current assets
Debtors:   111,787 112,429
Cash at bank and in hand: 42,214 80,283
Total current assets: 154,001 192,712
Creditors: amounts falling due within one year: 5 (47,245) (20,482)
Net current assets (liabilities): 106,756 172,230
Total assets less current liabilities: 249,820 316,181
Creditors: amounts falling due after more than one year: 6 (32,500) (42,500)
Total net assets (liabilities): 217,320 273,681
Capital and reserves
Called up share capital: 110,000 110,000
Profit and loss account: 107,320 163,681
Shareholders funds: 217,320 273,681

The notes form part of these financial statements

UK PROPERTY FINANCE LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 April 2023
and signed on behalf of the board by:

Name: G P Latham
Status: Director

The notes form part of these financial statements

UK PROPERTY FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

UK PROPERTY FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 15 15

UK PROPERTY FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 137,685
At 31 March 2023 137,685
Net book value
At 31 March 2023 137,685
At 31 March 2022 137,685

UK PROPERTY FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 25,703
Additions 1,099
At 31 March 2023 26,802
Depreciation
At 01 April 2022 19,437
Charge for year 1,986
At 31 March 2023 21,423
Net book value
At 31 March 2023 5,379
At 31 March 2022 6,266

UK PROPERTY FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

Trade Creditors £27,808Other Creditors £19,437

UK PROPERTY FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

Bank Loans £32,500

UK PROPERTY FINANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Loans to directors

Name of director receiving advance or credit: G Latham
Description of the loan: Amount Advanced £18,371
£
Balance at 01 April 2022 18,731
Advances or credits repaid: 360
Balance at 31 March 2023 18,371