Caseware UK (AP4) 2023.0.135 2023.0.135 2023-09-302023-09-302022-10-01falseElectrical installation11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05012530 2022-10-01 2023-09-30 05012530 2021-10-01 2022-09-30 05012530 2023-09-30 05012530 2022-09-30 05012530 c:Director1 2022-10-01 2023-09-30 05012530 d:OfficeEquipment 2022-10-01 2023-09-30 05012530 d:OfficeEquipment 2023-09-30 05012530 d:OfficeEquipment 2022-09-30 05012530 d:CurrentFinancialInstruments 2023-09-30 05012530 d:CurrentFinancialInstruments 2022-09-30 05012530 d:Non-currentFinancialInstruments 2023-09-30 05012530 d:Non-currentFinancialInstruments 2022-09-30 05012530 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 05012530 d:CurrentFinancialInstruments d:WithinOneYear 2022-09-30 05012530 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 05012530 d:Non-currentFinancialInstruments d:AfterOneYear 2022-09-30 05012530 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-09-30 05012530 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-09-30 05012530 d:ShareCapital 2023-09-30 05012530 d:ShareCapital 2022-09-30 05012530 d:CapitalRedemptionReserve 2023-09-30 05012530 d:CapitalRedemptionReserve 2022-09-30 05012530 d:RetainedEarningsAccumulatedLosses 2023-09-30 05012530 d:RetainedEarningsAccumulatedLosses 2022-09-30 05012530 c:OrdinaryShareClass1 2022-10-01 2023-09-30 05012530 c:OrdinaryShareClass1 2023-09-30 05012530 c:OrdinaryShareClass1 2022-09-30 05012530 c:OrdinaryShareClass2 2022-10-01 2023-09-30 05012530 c:OrdinaryShareClass2 2023-09-30 05012530 c:OrdinaryShareClass2 2022-09-30 05012530 c:OrdinaryShareClass3 2022-10-01 2023-09-30 05012530 c:OrdinaryShareClass3 2023-09-30 05012530 c:OrdinaryShareClass3 2022-09-30 05012530 c:FRS102 2022-10-01 2023-09-30 05012530 c:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 05012530 c:FullAccounts 2022-10-01 2023-09-30 05012530 c:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 05012530 e:PoundSterling 2022-10-01 2023-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05012530









SPL PROPERTY SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2023

 
SPL PROPERTY SERVICES LIMITED
REGISTERED NUMBER: 05012530

BALANCE SHEET
AS AT 30 SEPTEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
  
-
62,205

Debtors: amounts falling due within one year
 5 
2,090
7,089

Cash at bank and in hand
 6 
2,068
10,524

  
4,158
79,818

Creditors: amounts falling due within one year
 7 
(54,561)
(61,169)

Net current (liabilities)/assets
  
 
 
(50,403)
 
 
18,649

Total assets less current liabilities
  
(50,403)
18,649

Creditors: amounts falling due after more than one year
 8 
(16,040)
(18,278)

  

Net (liabilities)/assets
  
(66,443)
371


Capital and reserves
  

Called up share capital 
 10 
100
100

Capital redemption reserve
  
10
10

Profit and loss account
  
(66,553)
261

  
(66,443)
371


The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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.
Page 1

 
SPL PROPERTY SERVICES LIMITED
REGISTERED NUMBER: 05012530
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2023


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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf 
on
 25 July 2024.






P D Gregory Esq
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SPL PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1.


General information

SPL Property Services Limited is incorporated in the United Kingdom. The address of the registered office is given in the Company information page of these financial statements. The principal activity of the company during the year has been that of property maintenance. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
SPL PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)


2.3
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25% straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.

Page 4

 
SPL PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2.Accounting policies (continued)

 
2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.



3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Employees
1
1

Page 5

 
SPL PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 October 2022
292



At 30 September 2023

292



Depreciation


At 1 October 2022
292



At 30 September 2023

292



Net book value



At 30 September 2023
-



At 30 September 2022
-

Page 6

 
SPL PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

5.


Debtors

2023
2022
£
£


Trade debtors
1,029
6,979

Other debtors
951
-

Called up share capital not paid
110
110

2,090
7,089



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,068
10,524

2,068
10,524



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
1,556

Corporation tax
-
951

Other taxation and social security
6,359
4,460

Other creditors
46,202
52,202

Accruals
2,000
2,000

54,561
61,169



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
16,040
18,278

16,040
18,278


Page 7

 
SPL PROPERTY SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

9.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due 1-2 years

Bank loans
16,040
18,278

16,040
18,278



10.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



24 (2022 - 24) Ordinary shares shares of £1 each
24
24
52 (2022 - 52) Ordinary B shares shares of £1 each
52
52
24 (2022 - 24) Ordinary C shares shares of £1 each
24
24

100

100


 
Page 8