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Company Registration No. 10942871 (England and Wales)
11 POPES LANE PROPERTY MANAGEMENT LIMITED Unaudited accounts for the year ended 31 August 2023
11 POPES LANE PROPERTY MANAGEMENT LIMITED Unaudited accounts Contents
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11 POPES LANE PROPERTY MANAGEMENT LIMITED Company Information for the year ended 31 August 2023
Director
A Touati
Company Number
10942871 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
Accountants
Abdullah & Abdullah 6 Medway Drive Perivale Greenford UB6 8LN
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11 POPES LANE PROPERTY MANAGEMENT LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
605,377 
132,990 
Cash at bank and in hand
590,856 
430,721 
1,196,233 
563,711 
Creditors: amounts falling due within one year
(1,181,171)
(534,020)
Net current assets
15,062 
29,691 
Total assets less current liabilities
15,062 
29,691 
Creditors: amounts falling due after more than one year
(47,521)
(46,271)
Net liabilities
(32,459)
(16,580)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(32,460)
(16,581)
Shareholders' funds
(32,459)
(16,580)
For the year ending 31 August 2023 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 24 May 2024 and were signed on its behalf by
A Touati Director Company Registration No. 10942871
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11 POPES LANE PROPERTY MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
11 POPES LANE PROPERTY MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10942871. The registered office is 124 City Road, London, EC1V 2NX, 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
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 and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery
33% on cost
Taxation
Taxation for the period 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 taxation
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 period 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.
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11 POPES LANE PROPERTY MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2022
7,827 
At 31 August 2023
7,827 
Depreciation
At 1 September 2022
7,827 
At 31 August 2023
7,827 
Net book value
At 31 August 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
297,675 
- 
Amounts due from group undertakings etc.
49,967 
100,219 
Accrued income and prepayments
899 
- 
Other debtors
256,836 
32,771 
605,377 
132,990 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
Trade creditors
136,439 
39,832 
Taxes and social security
987 
- 
Other creditors
371,621 
162,147 
Accruals
5,500 
5,500 
Deferred income
661,624 
321,541 
1,181,171 
534,020 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
47,521 
46,271 
8
Transactions with related parties
During the year, Ankor Acquisitions Limited collected rents on behalf of the company.
9
Controlling party
11 Popes Lane LLP registered address 124 City Road, London, England, EC1V 2NX.
10
Average number of employees
During the year the average number of employees was 2 (2022: 0).
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