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Company Registration No. 10419188 (England and Wales)
PROPERTY WEBB INVESTMENT LTD Unaudited accounts for the year ended 31 October 2023
PROPERTY WEBB INVESTMENT LTD Unaudited accounts Contents
Page
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PROPERTY WEBB INVESTMENT LTD Company Information for the year ended 31 October 2023
Directors
Gemma Yvonne Varcianna-Webb Francis Webb
Company Number
10419188 (England and Wales)
Registered Office
6 NEWNHAM PARADE NEWNHAM PARADE, COLLEGE CHESHUNT WALTHAM CROSS EN8 9NU ENGLAND
Accountants
JSM Partners Brightfield Business Hub Bakewell Road Peterborough Cambridgeshire PE2 6XU
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PROPERTY WEBB INVESTMENT LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
291,993 
178,409 
Current assets
Debtors
950 
950 
Cash at bank and in hand
5,406 
44,292 
6,356 
45,242 
Creditors: amounts falling due within one year
(143,689)
(95,939)
Net current liabilities
(137,333)
(50,697)
Total assets less current liabilities
154,660 
127,712 
Creditors: amounts falling due after more than one year
(247,029)
(198,749)
Net liabilities
(92,369)
(71,037)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(92,371)
(71,039)
Shareholders' funds
(92,369)
(71,037)
For the year ending 31 October 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 28 March 2024 and were signed on its behalf by
Francis Webb Director Company Registration No. 10419188
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PROPERTY WEBB INVESTMENT LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
PROPERTY WEBB INVESTMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 10419188. The registered office is 6 NEWNHAM PARADE NEWNHAM PARADE, COLLEGE, CHESHUNT, WALTHAM CROSS, EN8 9NU, 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.
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.
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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
176,322 
2,474 
178,796 
Additions
113,963 
265 
114,228 
At 31 October 2023
290,285 
2,739 
293,024 
Depreciation
At 1 November 2022
- 
387 
387 
Charge for the year
- 
644 
644 
At 31 October 2023
- 
1,031 
1,031 
Net book value
At 31 October 2023
290,285 
1,708 
291,993 
At 31 October 2022
176,322 
2,087 
178,409 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
950 
950 
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PROPERTY WEBB INVESTMENT LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
10,000 
- 
Loans from directors
133,689 
94,739 
Accruals
- 
1,200 
143,689 
95,939 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
247,029 
198,749 
8
Loans to directors
During the year loans totalling £133,689 were received from the directors. These remain outstanding at the year end and are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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