1 April 2022 false No description of principal activity Taxfiler 2023.15 06357061business:PrivateLimitedCompanyLtd2022-04-012023-03-31 063570612022-03-31 063570612022-04-012023-03-31 06357061business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 06357061business:FilletedAccounts2022-04-012023-03-31 063570612023-03-31 06357061business:Director12022-04-012023-03-31 06357061business:Director22022-04-012023-03-31 06357061business:Director32022-04-012023-03-31 06357061business:Director42022-04-012023-03-31 06357061business:RegisteredOffice2022-04-012023-03-31 063570612022-03-31 06357061core:WithinOneYear2023-03-31 06357061core:WithinOneYear2022-03-31 06357061core:AfterOneYear2023-03-31 06357061core:AfterOneYear2022-03-31 06357061core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 06357061core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 06357061core:RevaluationReservecore:PreviouslyStatedAmount2023-03-31 06357061core:RevaluationReservecore:PreviouslyStatedAmount2022-03-31 06357061core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 06357061core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 06357061core:PreviouslyStatedAmount2023-03-31 06357061core:PreviouslyStatedAmount2022-03-31 06357061business:SmallEntities2022-04-012023-03-31 06357061countries:EnglandWales2022-04-012023-03-31 06357061core:LandBuildings2022-04-012023-03-31 06357061core:LandBuildings2022-03-31 06357061core:LandBuildings2023-03-31 06357061business:OrdinaryShareClass12022-04-012023-03-31 06357061business:OrdinaryShareClass12021-04-012022-03-31 063570612021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06357061 (England and Wales)
Residia Properties Limited Unaudited accounts for the year ended 31 March 2023
Residia Properties Limited Unaudited accounts Contents
Page
- 2 -
Residia Properties Limited Company Information for the year ended 31 March 2023
Directors
Garry Heil Edwin Bradshaw Chris Mason Steve Baker
Company Number
06357061 (England and Wales)
Registered Office
6 BOULTERS LOCK GIFFARD PARK MILTON KEYNES BUCKINGHAMSHIRE MK14 5QR
Accountants
JJL Accountants Limited 97 Ribchester Road Clayton le Dale Blackburn Lancashire BB1 9HT
- 3 -
Residia Properties Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,395,000 
1,395,000 
Current assets
Debtors
6,000 
6,000 
Cash at bank and in hand
18,763 
17,984 
24,763 
23,984 
Creditors: amounts falling due within one year
(317,358)
(318,123)
Net current liabilities
(292,595)
(294,139)
Total assets less current liabilities
1,102,405 
1,100,861 
Creditors: amounts falling due after more than one year
(438,840)
(451,936)
Net assets
663,565 
648,925 
Capital and reserves
Called up share capital
400,000 
400,000 
Revaluation reserve
485,449 
485,449 
Profit and loss account
(221,884)
(236,524)
Shareholders' funds
663,565 
648,925 
For the year ending 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 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 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 of Directors and authorised for issue on 29 March 2024 and were signed on its behalf by
Garry Heil Director Company Registration No. 06357061
- 4 -
Residia Properties Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Residia Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 06357061. The registered office is 6 BOULTERS LOCK, GIFFARD PARK, MILTON KEYNES, BUCKINGHAMSHIRE, MK14 5QR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation provided
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,395,000 
At 31 March 2023
1,395,000 
Depreciation
At 31 March 2023
- 
Net book value
At 31 March 2023
1,395,000 
At 31 March 2022
1,395,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,000 
6,000 
- 5 -
Residia Properties Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,409 
1,261 
Taxes and social security
560 
560 
Other creditors
239,619 
240,552 
Loans from directors
75,000 
75,000 
Accruals
770 
750 
317,358 
318,123 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
438,840 
451,936 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
400,000 Ordinary shares of £1 each
400,000 
400,000 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -