Registered number
11751965
ULTIMATE PROPERTY REFURBISHMENT LIMITED
Filleted Accounts
31 January 2024
ULTIMATE PROPERTY REFURBISHMENT LIMITED
Registered number: 11751965
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 12,711 3,242
Cash at bank and in hand 231 46
12,942 3,288
Creditors: amounts falling due within one year 4 (6,949) (22,988)
Net current assets/(liabilities) 5,993 (19,700)
Total assets less current liabilities 5,993 (19,700)
Creditors: amounts falling due after more than one year 5 (19,237) (25,615)
Net liabilities (13,244) (45,315)
Capital and reserves
Called up share capital 2 2
Profit and loss account (13,246) (45,317)
Shareholder's funds (13,244) (45,315)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Yousaf Farhan
Director
Approved by the board on 1 August 2024
ULTIMATE PROPERTY REFURBISHMENT LIMITED
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 1
3 Debtors 2024 2023
£ £
Trade debtors 2,970 3,036
CIS dedcutions receivable 9,100 -
Other debtors 641 206
12,711 3,242
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 6,949 7,068
Directors current account - 3,025
Trade creditors - 1,137
Taxation and social security costs - 45
Other creditors - 11,713
6,949 22,988
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 7,524 12,902
Directors current account - 12,713
Other creditors 11,713 -
19,237 25,615
6 Other information
ULTIMATE PROPERTY REFURBISHMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
38 Lancaster Avenue
Barking
Essex
IG11 7RB
ULTIMATE PROPERTY REFURBISHMENT LIMITED 11751965 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts April 2024 Yousaf Farhan No description of principal activity 11751965 2022-02-01 2023-01-31 11751965 core:WithinOneYear 2023-01-31 11751965 core:AfterOneYear 2023-01-31 11751965 core:ShareCapital 2023-01-31 11751965 core:RetainedEarningsAccumulatedLosses 2023-01-31 11751965 2023-02-01 2024-01-31 11751965 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11751965 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11751965 bus:Director40 2023-02-01 2024-01-31 11751965 countries:England 2023-02-01 2024-01-31 11751965 bus:FRS102 2023-02-01 2024-01-31 11751965 bus:FilletedAccounts 2023-02-01 2024-01-31 11751965 2024-01-31 11751965 core:WithinOneYear 2024-01-31 11751965 core:AfterOneYear 2024-01-31 11751965 core:ShareCapital 2024-01-31 11751965 core:RetainedEarningsAccumulatedLosses 2024-01-31 11751965 2023-01-31 iso4217:GBP xbrli:pure