Company Registration No. 07999180 (England and Wales)
Cresthall Property Management Limited
Unaudited accounts
for the year ended 31 March 2023
Cresthall Property Management Limited
Unaudited accounts
Contents
Cresthall Property Management Limited
Company Information
for the year ended 31 March 2023
Company Number
07999180 (England and Wales)
Registered Office
Churchill House
137 - 139 Brent Street
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
Cresthall Property Management Limited
Statement of financial position
as at 31 March 2023
Tangible assets
2,708
3,345
Cash at bank and in hand
56,676
159,194
Creditors: amounts falling due within one year
(175,223)
(89,942)
Net current assets
460,865
196,575
Net assets
561,418
256,041
Called up share capital
2
2
Profit and loss account
561,416
256,039
Shareholders' funds
561,418
256,041
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 November 2023 and were signed on its behalf by
H G Cowen
Director
Company Registration No. 07999180
Cresthall Property Management Limited
Notes to the Accounts
for the year ended 31 March 2023
Cresthall Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07999180. The registered office is Churchill House , 137 - 139 Brent Street, London, NW4 4DJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance method
Computer equipment
25% reducing balance method
Investments in listed shares are included at fair value.
Investments in unlisted company shares whose market value cannot be reliably determined are stated at historic cost less impairment.
Cresthall Property Management Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
1,070
8,015
9,085
At 31 March 2023
1,070
8,281
9,351
At 1 April 2022
268
5,472
5,740
Charge for the year
201
702
903
At 31 March 2023
469
6,174
6,643
At 31 March 2023
601
2,107
2,708
At 31 March 2022
802
2,543
3,345
5
Investments
Other investments
Valuation at 1 April 2022
56,121
Valuation at 31 March 2023
97,845
Amounts falling due within one year
Trade debtors
89,474
19,555
Accrued income and prepayments
-
6,453
Other debtors
489,938
101,315
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
82,431
18,342
Loans from directors
48,557
32,507
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).