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REGISTERED NUMBER: 04157176 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Alderwood Property Services Limited

Alderwood Property Services Limited (Registered number: 04157176)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Alderwood Property Services Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mrs M Rawlins





REGISTERED OFFICE: Johnson Hall
Eccleshall
Stafford
ST21 6JA





REGISTERED NUMBER: 04157176 (England and Wales)





ACCOUNTANTS: Attwoods
Chartered Certified Accountants
182 Worcester Road
Bromsgrove
Worcestershire
B61 7AZ

Alderwood Property Services Limited (Registered number: 04157176)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 233,000 233,000

CURRENT ASSETS
Debtors 5 533 -
Cash at bank 1,034 2,907
1,567 2,907
CREDITORS
Amounts falling due within one year 6 11,837 14,887
NET CURRENT LIABILITIES (10,270 ) (11,980 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,730

221,020

PROVISIONS FOR LIABILITIES 32,818 -
NET ASSETS 189,912 221,020

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 7 139,909 172,728
Retained earnings 50,001 48,290
SHAREHOLDERS' FUNDS 189,912 221,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Alderwood Property Services Limited (Registered number: 04157176)

Balance Sheet - continued
28 February 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 24 October 2023 and were signed by:





Mrs M Rawlins - Director


Alderwood Property Services Limited (Registered number: 04157176)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Alderwood Property Services Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 233,000
NET BOOK VALUE
At 28 February 2023 233,000
At 28 February 2022 233,000

Alderwood Property Services Limited (Registered number: 04157176)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. INVESTMENT PROPERTY - continued

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2022 172,728
Cost 60,272
233,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Prepayments 533 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 25 -
Taxation 406 805
Directors' current accounts 11,034 13,722
Accrued expenses 372 360
11,837 14,887

7. RESERVES
Revaluation
reserve
£   
At 1 March 2022 172,728
Deferred tax (32,819 )

At 28 February 2023 139,909