Company Registration No. 12003659 (England and Wales)
RELIANCE PROPERTY MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 May 2023
RELIANCE PROPERTY MANAGEMENT LIMITED
Unaudited accounts
Contents
RELIANCE PROPERTY MANAGEMENT LIMITED
Company Information
for the year ended 31 May 2023
Company Number
12003659 (England and Wales)
Registered Office
FIRST FLOOR OFFICES HEATH COURT
489-493 COVENTRY ROAD
BIRMINGHAM
B10 0JS
ENGLAND
RELIANCE PROPERTY MANAGEMENT LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
159,529
1,400
Cash at bank and in hand
33,974
29,511
Creditors: amounts falling due within one year
(68,878)
-
Net current (liabilities)/assets
(34,904)
29,511
Profit and loss account
124,625
30,911
Shareholders' funds
124,625
30,911
For the year ending 31 May 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 20 March 2024 and were signed on its behalf by
Abdirahman IMAN
Director
Company Registration No. 12003659
RELIANCE PROPERTY MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 May 2023
RELIANCE PROPERTY MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12003659. The registered office is FIRST FLOOR OFFICES HEATH COURT, 489-493 COVENTRY ROAD, BIRMINGHAM, B10 0JS, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
-
3,500
3,500
Additions
158,829
-
158,829
At 31 May 2023
158,829
3,500
162,329
At 1 June 2022
-
2,100
2,100
Charge for the year
-
700
700
At 31 May 2023
-
2,800
2,800
At 31 May 2023
158,829
700
159,529
At 31 May 2022
-
1,400
1,400
5
Creditors: amounts falling due within one year
2023
2022
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).