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
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
PROPERTY WEBB INVESTMENT LTD
Statement of financial position
as at 31 October 2023
Tangible assets
291,993
178,409
Cash at bank and in hand
5,406
44,292
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)
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
PROPERTY WEBB INVESTMENT LTD
Notes to the Accounts
for the year ended 31 October 2023
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.
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:
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
At 1 November 2022
-
387
387
Charge for the year
-
644
644
At 31 October 2023
-
1,031
1,031
At 31 October 2023
290,285
1,708
291,993
At 31 October 2022
176,322
2,087
178,409
Amounts falling due within one year
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
Loans from directors
133,689
94,739
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
247,029
198,749
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).