2022-04-012023-03-312023-03-31false10777625THE PROPERTY ASSESSMENT COMPANY LTD2023-10-2574901iso4217:GBPxbrli:pure107776252022-04-01107776252023-03-31107776252022-04-012023-03-31107776252021-04-01107776252022-03-31107776252021-04-012022-03-3110777625bus:SmallEntities2022-04-012023-03-3110777625bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110777625bus:FullAccounts2022-04-012023-03-3110777625bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110777625core:WithinOneYear2023-03-3110777625core:AfterOneYear2023-03-3110777625core:WithinOneYear2022-03-3110777625core:AfterOneYear2022-03-3110777625core:ShareCapital2023-03-3110777625core:SharePremium2023-03-3110777625core:RevaluationReserve2023-03-3110777625core:OtherReservesSubtotal2023-03-3110777625core:RetainedEarningsAccumulatedLosses2023-03-3110777625core:ShareCapital2022-03-3110777625core:SharePremium2022-03-3110777625core:RevaluationReserve2022-03-3110777625core:OtherReservesSubtotal2022-03-3110777625core:RetainedEarningsAccumulatedLosses2022-03-3110777625core:LandBuildings2023-03-3110777625core:PlantMachinery2023-03-3110777625core:Vehicles2023-03-3110777625core:FurnitureFittings2023-03-3110777625core:OfficeEquipment2023-03-3110777625core:NetGoodwill2023-03-3110777625core:IntangibleAssetsOtherThanGoodwill2023-03-3110777625core:ListedExchangeTraded2023-03-3110777625core:UnlistedNon-exchangeTraded2023-03-3110777625core:LandBuildings2022-03-3110777625core:PlantMachinery2022-03-3110777625core:Vehicles2022-03-3110777625core:FurnitureFittings2022-03-3110777625core:OfficeEquipment2022-03-3110777625core:NetGoodwill2022-03-3110777625core:IntangibleAssetsOtherThanGoodwill2022-03-3110777625core:ListedExchangeTraded2022-03-3110777625core:UnlistedNon-exchangeTraded2022-03-3110777625core:LandBuildings2022-04-012023-03-3110777625core:PlantMachinery2022-04-012023-03-3110777625core:Vehicles2022-04-012023-03-3110777625core:FurnitureFittings2022-04-012023-03-3110777625core:OfficeEquipment2022-04-012023-03-3110777625core:NetGoodwill2022-04-012023-03-3110777625core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110777625core:ListedExchangeTraded2022-04-012023-03-3110777625core:UnlistedNon-exchangeTraded2022-04-012023-03-3110777625core:MoreThanFiveYears2022-04-012023-03-3110777625core:Non-currentFinancialInstruments2023-03-3110777625core:Non-currentFinancialInstruments2022-03-3110777625dpl:CostSales2022-04-012023-03-3110777625dpl:DistributionCosts2022-04-012023-03-3110777625core:LandBuildings2022-04-012023-03-3110777625core:PlantMachinery2022-04-012023-03-3110777625core:Vehicles2022-04-012023-03-3110777625core:FurnitureFittings2022-04-012023-03-3110777625core:OfficeEquipment2022-04-012023-03-3110777625dpl:AdministrativeExpenses2022-04-012023-03-3110777625core:NetGoodwill2022-04-012023-03-3110777625core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110777625dpl:GroupUndertakings2022-04-012023-03-3110777625dpl:ParticipatingInterests2022-04-012023-03-3110777625dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110777625core:ListedExchangeTraded2022-04-012023-03-3110777625dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110777625core:UnlistedNon-exchangeTraded2022-04-012023-03-3110777625dpl:CostSales2021-04-012022-03-3110777625dpl:DistributionCosts2021-04-012022-03-3110777625core:LandBuildings2021-04-012022-03-3110777625core:PlantMachinery2021-04-012022-03-3110777625core:Vehicles2021-04-012022-03-3110777625core:FurnitureFittings2021-04-012022-03-3110777625core:OfficeEquipment2021-04-012022-03-3110777625dpl:AdministrativeExpenses2021-04-012022-03-3110777625core:NetGoodwill2021-04-012022-03-3110777625core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3110777625dpl:GroupUndertakings2021-04-012022-03-3110777625dpl:ParticipatingInterests2021-04-012022-03-3110777625dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3110777625core:ListedExchangeTraded2021-04-012022-03-3110777625dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3110777625core:UnlistedNon-exchangeTraded2021-04-012022-03-3110777625core:NetGoodwill2023-03-3110777625core:IntangibleAssetsOtherThanGoodwill2023-03-3110777625core:LandBuildings2023-03-3110777625core:PlantMachinery2023-03-3110777625core:Vehicles2023-03-3110777625core:FurnitureFittings2023-03-3110777625core:OfficeEquipment2023-03-3110777625core:AfterOneYear2023-03-3110777625core:WithinOneYear2023-03-3110777625core:ListedExchangeTraded2023-03-3110777625core:UnlistedNon-exchangeTraded2023-03-3110777625core:ShareCapital2023-03-3110777625core:SharePremium2023-03-3110777625core:RevaluationReserve2023-03-3110777625core:OtherReservesSubtotal2023-03-3110777625core:RetainedEarningsAccumulatedLosses2023-03-3110777625core:NetGoodwill2022-03-3110777625core:IntangibleAssetsOtherThanGoodwill2022-03-3110777625core:LandBuildings2022-03-3110777625core:PlantMachinery2022-03-3110777625core:Vehicles2022-03-3110777625core:FurnitureFittings2022-03-3110777625core:OfficeEquipment2022-03-3110777625core:AfterOneYear2022-03-3110777625core:WithinOneYear2022-03-3110777625core:ListedExc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THE PROPERTY ASSESSMENT COMPANY LTD

Registered Number
10777625
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

THE PROPERTY ASSESSMENT COMPANY LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

NORRINGTON, David Paul
NORRINGTON, Francesca Maria

Registered Address

28 Beeches Walk
Carshalton
SM5 4JT

Registered Number

10777625 (England and Wales)
THE PROPERTY ASSESSMENT COMPANY LTD
Statement of Financial Position
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets57,8697,869
7,8697,869
Current assets
Debtors84011,421
Cash at bank and on hand-23,011
40124,432
Creditors amounts falling due within one year9(8,131)(31,241)
Net current assets (liabilities)(7,730)(6,809)
Total assets less current liabilities1391,060
Net assets1391,060
Capital and reserves
Called up share capital100100
Profit and loss account39960
Shareholders' funds1391,060
The financial statements were approved and authorised for issue by the Board of Directors on 25 October 2023, and are signed on its behalf by:
NORRINGTON, David Paul
Director
NORRINGTON, Francesca Maria
Director

Registered Company No. 10777625
THE PROPERTY ASSESSMENT COMPANY 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 o
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
Turnover policy
Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles25
Office Equipment25
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
4.Employee information

20232022
Average number of employees during the year22
5.Property, plant and equipment

Vehicles

Office Equipment

Total

£££
Cost or valuation
At 01 April 229,0001,49210,492
At 31 March 239,0001,49210,492
Depreciation and impairment
At 01 April 222,2503732,623
At 31 March 232,2503732,623
Net book value
At 31 March 236,7501,1197,869
At 31 March 226,7501,1197,869
6.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
NORRINGTON, David Paul02000200
NORRINGTON, Francesca Maria02010201
04010401
Directors repaid this amount within 9 months of the year end date.
7.Further information regarding the company's financial position
The company ceased as at 31st March 2023.
8.Debtors

2023

2022

££
Trade debtors / trade receivables-1,220
Other debtors401201
Total4011,421
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables-2,409
Taxation and social security5,7784,869
Other creditors2,35323,963
Total8,13131,241