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REGISTERED NUMBER: 01587776 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

PROPERTY DEVELOPMENTS (CREWE) LIMITED

PROPERTY DEVELOPMENTS (CREWE) LIMITED (REGISTERED NUMBER: 01587776

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROPERTY DEVELOPMENTS (CREWE) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: A J Smith





SECRETARY: A J Smith





REGISTERED OFFICE: 265a Walthall Street
Crewe
Cheshire
CW2 2LE





REGISTERED NUMBER: 01587776 (England and Wales)





ACCOUNTANTS: Private Client Services (NW) Limited
Unit 2 Mallard Court
Mallard Way
Crewe Business Park
Crewe
Cheshire
CW1 6ZQ

PROPERTY DEVELOPMENTS (CREWE) LIMITED (REGISTERED NUMBER: 01587776

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,154 8,713

CURRENT ASSETS
Stocks 5 76,312 76,312
Debtors 6 71,007 81,007
Cash at bank and in hand 2,809 80,953
150,128 238,272
CREDITORS
Amounts falling due within one year 7 96,399 169,201
NET CURRENT ASSETS 53,729 69,071
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,883

77,784

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 61,783 77,684
SHAREHOLDERS' FUNDS 61,883 77,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

PROPERTY DEVELOPMENTS (CREWE) LIMITED (REGISTERED NUMBER: 01587776

BALANCE SHEET - continued
30 NOVEMBER 2023


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 15 August 2024 and were signed by:





A J Smith - Director


PROPERTY DEVELOPMENTS (CREWE) LIMITED (REGISTERED NUMBER: 01587776

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Property Developments (Crewe) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PROPERTY DEVELOPMENTS (CREWE) LIMITED (REGISTERED NUMBER: 01587776

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 23,400 8,050 31,450
DEPRECIATION
At 1 December 2022 15,083 7,654 22,737
Charge for year 520 39 559
At 30 November 2023 15,603 7,693 23,296
NET BOOK VALUE
At 30 November 2023 7,797 357 8,154
At 30 November 2022 8,317 396 8,713

5. STOCKS
2023 2022
£    £   
Stocks 76,312 76,312

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Prepayments 7 7

Amounts falling due after more than one year:
Amounts owed by participating interests 71,000 81,000

Aggregate amounts 71,007 81,007

PROPERTY DEVELOPMENTS (CREWE) LIMITED (REGISTERED NUMBER: 01587776

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans - 69,894
Trade creditors 7 5
Tax 3,178 6,678
Directors' current accounts 92,334 91,814
Accrued expenses 880 810
96,399 169,201

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 December 2022 77,684
Deficit for the year (15,901 )
At 30 November 2023 61,783