APPLIANCE TEAM LIMITED

Company Registration Number:
03220393 (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

APPLIANCE TEAM LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

APPLIANCE TEAM LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Paul Lotz
Debrah Lotz
Secretary: Debrah Lotz
Registered office: 12 Red Lion Street
12 Red Lion Street
Richmond
England
TW9 1RW
Company Registration Number: 03220393 (England and Wales)

APPLIANCE TEAM LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

The principal activities in the year under review was the rental of commercial property and freehold residential investment,

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Paul Lotz
Debrah Lotz

Secretary
Debrah Lotz

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: Debrah Lotz
Status: Director

APPLIANCE TEAM LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 6,553 36,178
Income from coronavirus (COVID-19) business support grants - 0
Distribution Costs ( 47,772 ) ( 37,744 )
Operating Profit or (Loss) ( 41,219 ) ( 1,566 )
Interest Receivable and Similar Income 1,000 829
Profit or (Loss) Before Tax ( 40,219 ) ( 737 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 40,219 ) ( 737 )

The notes form part of these financial statements

APPLIANCE TEAM LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 448,417 448,417
Total fixed assets: 448,417 448,417
Current assets
Debtors: 9,420 9,024
Cash at bank and in hand: 449,062 18,494
Total current assets: 458,482 27,518
Creditors: amounts falling due within one year: ( 3,994 ) ( 11,210 )
Net current assets (liabilities): 454,488 16,308
Total assets less current liabilities: 902,905 464,725
Creditors: amounts falling due after more than one year: 5 ( 849,499 ) ( 371,100 )
Total net assets (liabilities): 53,406 93,625

The notes form part of these financial statements

APPLIANCE TEAM LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 53,404 93,623
Shareholders funds: 53,406 93,625

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: Debrah Lotz
Status: Director

The notes form part of these financial statements

APPLIANCE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

APPLIANCE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

APPLIANCE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

APPLIANCE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 472,963
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2023 472,963
Depreciation
At 01 April 2022 24,546
Charge for year -
On disposals -
Other adjustments -
At 31 March 2023 24,546
Net book value
At 31 March 2023 448,417
At 31 March 2022 448,417

The cost of tangible fixed assets is their purchase cost plus any incidental purchase costs. The Cost of Investment properties also includes any costs incurred which are required to get the property onto a rentable condition. Depreciation is calculated so as to write off the cost of tangible fixed assets, less their estimated residual value, on a straight line basis over the respective number of years.

APPLIANCE TEAM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

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

Rental Deposits as well as Loans from Shareholders