Property Made Real Ltd 14095171 false 2022-05-09 2023-05-31 2023-05-31 The principal activity of the company is 68320, 79120 Digita Accounts Production Advanced 6.30.9574.0 true true 14095171 2022-05-09 2023-05-31 14095171 2023-05-31 14095171 core:RetainedEarningsAccumulatedLosses 2023-05-31 14095171 core:ShareCapital 2023-05-31 14095171 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 14095171 bus:SmallEntities 2022-05-09 2023-05-31 14095171 bus:AuditExemptWithAccountantsReport 2022-05-09 2023-05-31 14095171 bus:FullAccounts 2022-05-09 2023-05-31 14095171 bus:SmallCompaniesRegimeForAccounts 2022-05-09 2023-05-31 14095171 bus:RegisteredOffice 2022-05-09 2023-05-31 14095171 bus:Director1 2022-05-09 2023-05-31 14095171 bus:Director2 2022-05-09 2023-05-31 14095171 bus:PrivateLimitedCompanyLtd 2022-05-09 2023-05-31 14095171 countries:EnglandWales 2022-05-09 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 14095171

Property Made Real Ltd

Annual Report and Unaudited Financial Statements

for the Period from 9 May 2022 to 31 May 2023

 

Property Made Real Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Property Made Real Ltd

Company Information

Directors

Mr Luciano Rubino

Mr Alessandro Ottaviani

Registered office

1 Market Hill
Calne
Wiltshire
SN11 0BT

Accountants

RiverView Portfolio Limited
1 Market Hill
Calne
Wiltshire
SN11 0BT

 

Property Made Real Ltd

(Registration number: 14095171)
Balance Sheet as at 31 May 2023

Note

2023
£

Current assets

 

Cash at bank and in hand

 

3,743

Creditors: Amounts falling due within one year

4

(4,129)

Net liabilities

 

(386)

Capital and reserves

 

Called up share capital

1,000

Retained earnings

(1,386)

Shareholders' deficit

 

(386)

For the financial period ending 31 May 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 accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 22 January 2024 and signed on its behalf by:
 

.........................................
Mr Luciano Rubino
Director

.........................................
Mr Alessandro Ottaviani
Director

 

Property Made Real Ltd

Notes to the Unaudited Financial Statements for the Period from 9 May 2022 to 31 May 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Market Hill
Calne
Wiltshire
SN11 0BT
England

These financial statements were authorised for issue by the Board on 22 January 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Property Made Real Ltd

Notes to the Unaudited Financial Statements for the Period from 9 May 2022 to 31 May 2023 (continued)

2

Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Trade creditors

17

Accruals and deferred income

675

Other creditors

3,437

4,129