IRIS Accounts Production v23.4.0.336 11690892 director 15.10.22 14.10.23 14.10.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116908922022-10-14116908922023-10-14116908922022-10-152023-10-14116908922021-10-14116908922021-10-152022-10-14116908922022-10-1411690892ns15:EnglandWales2022-10-152023-10-1411690892ns14:PoundSterling2022-10-152023-10-1411690892ns10:Director12022-10-152023-10-1411690892ns10:PrivateLimitedCompanyLtd2022-10-152023-10-1411690892ns10:SmallEntities2022-10-152023-10-1411690892ns10:AuditExempt-NoAccountantsReport2022-10-152023-10-1411690892ns10:SmallCompaniesRegimeForDirectorsReport2022-10-152023-10-1411690892ns10:SmallCompaniesRegimeForAccounts2022-10-152023-10-1411690892ns10:FullAccounts2022-10-152023-10-1411690892ns10:RegisteredOffice2022-10-152023-10-1411690892ns5:CurrentFinancialInstruments2023-10-1411690892ns5:CurrentFinancialInstruments2022-10-1411690892ns5:ShareCapital2023-10-1411690892ns5:ShareCapital2022-10-1411690892ns5:FurtherSpecificReserve3ComponentTotalEquity2023-10-1411690892ns5:FurtherSpecificReserve3ComponentTotalEquity2022-10-1411690892ns5:RetainedEarningsAccumulatedLosses2023-10-1411690892ns5:RetainedEarningsAccumulatedLosses2022-10-14
REGISTERED NUMBER: 11690892 (England and Wales)










Unaudited Financial Statements

for the Year Ended 14 October 2023

for

A Property 4 You Ltd

A Property 4 You Ltd (Registered number: 11690892)






Contents of the Financial Statements
for the Year Ended 14 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A Property 4 You Ltd

Company Information
for the Year Ended 14 October 2023







DIRECTOR: D A O'Leary





REGISTERED OFFICE: 42 Penrith Road
Harold Hill
Romford
RM3 9NS





REGISTERED NUMBER: 11690892 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Oaklea House
46 Coatham Road
Redcar
TS10 1RS

A Property 4 You Ltd (Registered number: 11690892)

Balance Sheet
14 October 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 3 236,000 242,000

CURRENT ASSETS
Cash at bank and in hand 818 4,105

CREDITORS
Amounts falling due within one year 4 (197,886 ) (197,053 )
NET CURRENT LIABILITIES (197,068 ) (192,948 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,932

49,052

PROVISIONS FOR LIABILITIES (8,748 ) (9,888 )
NET ASSETS 30,184 39,164

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 5 37,292 42,152
Retained earnings 5 (7,109 ) (2,989 )
30,184 39,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 14 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 14 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

A Property 4 You Ltd (Registered number: 11690892)

Balance Sheet - continued
14 October 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 4 April 2024 and were signed by:





D A O'Leary - Director


A Property 4 You Ltd (Registered number: 11690892)

Notes to the Financial Statements
for the Year Ended 14 October 2023

1. 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.

2. EMPLOYEES AND DIRECTORS

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

A Property 4 You Ltd (Registered number: 11690892)

Notes to the Financial Statements - continued
for the Year Ended 14 October 2023

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 15 October 2022 242,000
Revaluations (6,000 )
At 14 October 2023 236,000
NET BOOK VALUE
At 14 October 2023 236,000
At 14 October 2022 242,000

Fair value at 14 October 2023 is represented by:
£   
Valuation in 2022 52,040
Valuation in 2023 6,000
Cost 177,960
236,000

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 136,482 136,482
Corporation tax - 194
Other creditors 564 -
Directors' current accounts 60,102 59,704
Accrued expenses 738 673
197,886 197,053

5. RESERVES

PROFIT AND LOSS RESERVES
The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

FAIR VALUE RESERVES
The Company uses the revaluation model for the measurement of its investment properties. The reserve records the revaluation surplus recognised less the related provision for deferred tax. This is a non distributable reserve.