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Company Registration No. 11614999 (England and Wales)
POSITIVE PROPERTY SOLUTIONS 4U LTD Unaudited accounts for the year ended 31 October 2022
POSITIVE PROPERTY SOLUTIONS 4U LTD Unaudited accounts Contents
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POSITIVE PROPERTY SOLUTIONS 4U LTD Company Information for the year ended 31 October 2022
Director
MARK JOHNSON
Company Number
11614999 (England and Wales)
Registered Office
112 - 113 HIGH STREET LINCOLN LN5 7PY ENGLAND
Accountants
CALCUL8 LIMITED 57 HIGH STREET SAXILBY LINCOLN LINCOLNSHIRE LN1 2HA
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POSITIVE PROPERTY SOLUTIONS 4U LTD Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
1,110 
655 
Cash at bank and in hand
2,257 
137 
3,367 
792 
Creditors: amounts falling due within one year
(3,297)
(708)
Net current assets
70 
84 
Net assets
70 
84 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
68 
82 
Shareholders' funds
70 
84 
For the year ending 31 October 2022 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 director acknowledges his 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 and authorised for issue on 18 March 2024 and were signed on its behalf by
MARK JOHNSON Director Company Registration No. 11614999
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POSITIVE PROPERTY SOLUTIONS 4U LTD Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
POSITIVE PROPERTY SOLUTIONS 4U LTD is a private company, limited by shares, registered in England and Wales, registration number 11614999. The registered office is 112 - 113 HIGH STREET, LINCOLN, LN5 7PY, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2022 
2021 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
1,110 
655 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
2,326 
- 
Taxes and social security
1,346 
348 
Loans from directors
(875)
- 
Accruals
500 
360 
3,297 
708 
6
Average number of employees
During the year the average number of employees was 1 (2021: 0).
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