2022-04-01 02223115 2023-03-31 02223115 2022-04-01 2023-03-31 02223115 2022-03-31 02223115 2021-04-01 2022-03-31 02223115 uk-core:WithinOneYear 2022-03-31 02223115 uk-core:WithinOneYear 2023-03-31 02223115 uk-core:ShareCapital 2023-03-31 02223115 uk-core:ShareCapital 2022-03-31 02223115 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 02223115 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 02223115 uk-bus:Director1 2022-04-01 2023-03-31 02223115 uk-core:PlantMachinery 2022-04-01 2023-03-31 02223115 uk-core:OfficeEquipment 2022-04-01 2023-03-31 02223115 uk-core:OfficeEquipment 2022-03-31 02223115 uk-core:PlantMachinery 2022-03-31 02223115 uk-core:PlantMachinery 2023-03-31 02223115 uk-core:OfficeEquipment 2023-03-31 iso4217:GBP xbrli:pure 02223115 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 02223115 uk-bus:FRS102 2022-04-01 2023-03-31 02223115 uk-bus:FullAccounts 2022-04-01 2023-03-31 02223115 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Select Property Developments (Gloucester) Ltd
Registered Number:02223115
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Select Property Developments (Gloucester) Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
02223115
As at 31 March 2023
Select Property Developments (Gloucester) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
3,352
9,144
2
3,352
9,144
Current assets
Trade and other receivables
-
2,244
3
257,508
Cash and cash equivalents
103,338
105,582
257,508
Trade and other payables: amounts falling due within one year
(181,249)
(53,298)
4
76,259
52,284
Net current assets
Total assets less current liabilities
55,636
85,403
55,636
Net assets
85,403
Capital and reserves
Called up share capital
2
2
Retained earnings
55,634
85,401
55,636
85,403
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Ronald Brooke Hogben Director
These financial statements were approved and authorised for issue by the Board on 14 February 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2023
Select Property Developments (Gloucester) Ltd
Notes to the Financial Statements
Statutory Information
Select Property Developments (Gloucester) Ltd is a private limited company, limited by shares, domiciled in England and
Wales, registration number 02223115.
Registered address:
The Paddocks
Ley Lane, Minsterworth
Gloucester
Gloucestershire
GL2 8JT
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act
2006. The financial statements have been prepared under the historical costs convention as modified by the revaluation
of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
20% Straight line
20% Straight line
Computer Equipment
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or valuation
At 01 April 2022
28,960
1,460
27,500
At 31 March 2023
27,500
1,460
28,960
Provision for depreciation and impairment
At 01 April 2022
19,816
1,120
18,696
Charge for year
5,792
292
5,500
At 31 March 2023
25,608
1,412
24,196
At 31 March 2023
Net book value
3,304
48
3,352
At 31 March 2022
8,804
340
9,144
2 of 3
5
For the year ended 31 March 2023
Select Property Developments (Gloucester) Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Other debtors
2,244
-
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
3,024
2,903
Taxation and social security
581
468
Other creditors
49,693
177,878
53,298
181,249
5. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
3 of 3