12120110falsePROPERTY MAINTENANCE2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12120110

ASSETT PROPERTY MAINTENANCE LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

ASSETT PROPERTY MAINTENANCE LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
NILESH NARANBHAI PATEL
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12120110
BANKERS
LLOYDS BANK plc
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

ASSETT PROPERTY MAINTENANCE LIMITED

ACCOUNTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

ASSETT PROPERTY MAINTENANCE LIMITED

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets3840980
CURRENT ASSETS
Debtors48,6806,341
Cash at bank and in hand2,2682,426
10,9488,767
CREDITORS: Amounts falling due within one year511,3079,312
NET CURRENT LIABILITIES(359)(545)
TOTAL ASSETS LESS CURRENT LIABILITIES481435
PROVISIONS FOR LIABILITIES AND CHARGES63231
NET ASSETS449404
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account349304
SHAREHOLDERS' FUNDS449404
For the year ending 31/03/2023 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/12/2023 and signed on their behalf by
.............................
NILESH NARANBHAI PATEL
Director

ASSETT PROPERTY MAINTENANCE LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Equipmentstraight line10%
1c. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2. EMPLOYEES
20232022
No.No.
Average number of employees22

ASSETT PROPERTY MAINTENANCE LIMITED

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/20221,1921,192
Disposals(104)(104)
At 31/03/20231,0881,088
Depreciation
At 01/04/2022212212
Disposals(104)(104)
For the year140140
At 31/03/2023248248
Net Book Amounts
At 31/03/2023840840
At 31/03/2022980980
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors8,6806,341
8,6806,341
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax5041
Directors current account9,0437,625
Trade creditors3926
Accruals2,1751,620
11,3079,312

ASSETT PROPERTY MAINTENANCE LIMITED

6. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation3231
3231
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. CONTROLLING PARTY
The company is jointly owned by the director Mr N N Patel and his wife Mrs K A Patel, each of whom owns fifty per cent of the share capital of the company.
9. RELATED PARTY TRANSACTIONS
The director did not receive a dividend in the year ended 31 March 2023 (2022 - £ nil).
10. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company is principally involved in property maintenance, all of which is carried out within the United Kingdom.
11. GENERAL INFORMATION
Assett Property Maintenance Limited is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.