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REGISTERED NUMBER: 13152806 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

K Neville Property Maintenance Limited

K Neville Property Maintenance Limited (Registered number: 13152806)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


K Neville Property Maintenance Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: K D Neville





SECRETARY:





REGISTERED OFFICE: 6 High Street
Wheathampstead
Hertfordshire
AL4 8AA





REGISTERED NUMBER: 13152806 (England and Wales)





ACCOUNTANTS: Fenlon & Co
Chartered Certified Accountants
6 High Street
Wheathampstead
Hertfordshire
AL4 8AA

K Neville Property Maintenance Limited (Registered number: 13152806)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,653 3,422

CURRENT ASSETS
Stocks 700 700
Debtors 5 4,982 13,459
Cash at bank 3,589 47,397
9,271 61,556
CREDITORS
Amounts falling due within one year 6 4,696 27,899
NET CURRENT ASSETS 4,575 33,657
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,228

37,079

PROVISIONS FOR LIABILITIES 7 3,000 -
NET ASSETS 17,228 37,079

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,128 36,979
SHAREHOLDERS' FUNDS 17,228 37,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

K Neville Property Maintenance Limited (Registered number: 13152806)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 April 2024 and were signed by:





K D Neville - Director


K Neville Property Maintenance Limited (Registered number: 13152806)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

K Neville Property Maintenance Limited is a private company limited by shares and incorporated in England and Wales Its registered office is Rivermill House, 6 High Street, Wheathampstead, Herts, AL4 8AA.

The financial statements are presented in Sterling, which is the functional currency of the company

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets & depreciation
Tangible fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and Equipment -25% Reducing Balance
Motor Vehicles - 25% Reducing Balance

Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation
Taxation represents the sum of tax currently payable and deferred tax.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

K Neville Property Maintenance Limited (Registered number: 13152806)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Dividends
Final ordinary dividends payable to shareholders of the Company are recognised in the period that they are approved by the shareholders. Interim ordinary dividends are recognised in the period that they are paid.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 February 2023 940 4,800 5,740
Additions 153 19,995 20,148
Disposals - (4,800 ) (4,800 )
At 31 January 2024 1,093 19,995 21,088
DEPRECIATION
At 1 February 2023 218 2,100 2,318
Charge for year 218 4,999 5,217
Eliminated on disposal - (2,100 ) (2,100 )
At 31 January 2024 436 4,999 5,435
NET BOOK VALUE
At 31 January 2024 657 14,996 15,653
At 31 January 2023 722 2,700 3,422

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors - 12,000
Other debtors 4,982 1,459
4,982 13,459

K Neville Property Maintenance Limited (Registered number: 13152806)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 1,370 7,916
Social security and other taxes 1,443 13,293
Accruals & other creditors 1,353 4,961
Directors' loan accounts 530 1,729
4,696 27,899

7. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 3,000 -

Deferred
tax
£   
Provided during year 3,000
Balance at 31 January 2024 3,000

The provision for deferred taxation consists of the tax effect of timing differences in respect of excess of taxation allowances over depreciation on fixed assets.