0 false false false false false false false false false true false false false false false false No description of principal activity 2022-09-01 Sage Accounts Production Advanced 2021 - FRS102_2021 1,490 727 153 880 610 763 xbrli:pure xbrli:shares iso4217:GBP 12169442 2022-09-01 2023-03-31 12169442 2023-03-31 12169442 2022-08-31 12169442 2022-08-31 12169442 bus:Director2 2022-09-01 2023-03-31 12169442 core:WithinOneYear 2023-03-31 12169442 core:WithinOneYear 2022-08-31 12169442 core:ShareCapital 2023-03-31 12169442 core:ShareCapital 2022-08-31 12169442 core:RetainedEarningsAccumulatedLosses 2023-03-31 12169442 core:RetainedEarningsAccumulatedLosses 2022-08-31 12169442 bus:SmallEntities 2022-09-01 2023-03-31 12169442 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-03-31 12169442 bus:FullAccounts 2022-09-01 2023-03-31 12169442 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-03-31 12169442 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-03-31 12169442 core:ComputerEquipment 2022-09-01 2023-03-31 12169442 core:ComputerEquipment 2023-03-31 12169442 core:ComputerEquipment 2022-08-31
COMPANY REGISTRATION NUMBER: 12169442
THE PROPERTY MANAGEMENT AGENCY LTD
Filleted Unaudited Financial Statements
31 March 2023
THE PROPERTY MANAGEMENT AGENCY LTD
Statement of Financial Position
31 March 2023
31 Mar 23
31 Aug 22
Note
£
£
Fixed assets
Tangible assets
4
610
763
Current assets
Debtors
5
64,547
86,702
Cash at bank and in hand
4,899
17,334
--------
---------
69,446
104,036
Creditors: amounts falling due within one year
6
67,881
102,792
--------
---------
Net current assets
1,565
1,244
-------
-------
Total assets less current liabilities
2,175
2,007
-------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,075
1,907
-------
-------
Shareholders funds
2,175
2,007
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
THE PROPERTY MANAGEMENT AGENCY LTD
Statement of Financial Position (continued)
31 March 2023
These financial statements were approved by the board of directors and authorised for issue on 18 December 2023 , and are signed on behalf of the board by:
Mr N Diwan
Director
Company registration number: 12169442
THE PROPERTY MANAGEMENT AGENCY LTD
Notes to the Financial Statements
Period from 1 September 2022 to 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Chilton Croft, Newton Road, Sudbury, Suffolk, CO10 2RN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Income tax
The taxation expense represents the amount of current tax which is recognised on taxable profit for the current and past periods.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
20% reducing balance
4. Tangible assets
Equipment
£
Cost
At 1 September 2022 and 31 March 2023
1,490
-------
Depreciation
At 1 September 2022
727
Charge for the period
153
-------
At 31 March 2023
880
-------
Carrying amount
At 31 March 2023
610
-------
At 31 August 2022
763
-------
5. Debtors
31 Mar 23
31 Aug 22
£
£
Other debtors
64,547
86,702
--------
--------
6. Creditors: amounts falling due within one year
31 Mar 23
31 Aug 22
£
£
Corporation tax
353
278
Other creditors
67,528
102,514
--------
---------
67,881
102,792
--------
---------