2022-12-01 08312548 2023-11-30 08312548 2022-12-01 2023-11-30 08312548 2022-11-30 08312548 2021-12-01 2022-11-30 08312548 uk-core:WithinOneYear 2022-11-30 08312548 uk-core:WithinOneYear 2023-11-30 08312548 uk-core:ShareCapital 2023-11-30 08312548 uk-core:ShareCapital 2022-11-30 08312548 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 08312548 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 08312548 uk-bus:Director1 2022-12-01 2023-11-30 08312548 uk-core:OfficeEquipment 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure 08312548 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 08312548 uk-bus:FRS102 2022-12-01 2023-11-30 08312548 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 08312548 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Property & Risk Management Services Ltd
Registered Number:08312548
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
08312548
As at 30 November 2023
Property & Risk Management Services Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
8,043
8,649
2
8,043
8,649
Current assets
Trade and other receivables
27,790
2,475
3
68,271
Cash and cash equivalents
188,581
191,056
96,061
Trade and other payables: amounts falling due within one
year
(50,129)
(69,679)
4
45,932
121,377
Net current assets
Total assets less current liabilities
129,420
54,581
129,420
Net assets
54,581
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
128,420
53,581
129,420
54,581
Shareholders' funds
For the year ended 30 November 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Darren Backshall Director
These financial statements were approved and authorised for issue by the Board on 21 August 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 30 November 2023
Property & Risk Management Services Ltd
Notes to the Financial Statements
Statutory Information
Property & Risk Management Services Ltd is a private limited company, limited by shares, domiciled in England and
Wales, registration number 08312548.
Principal place of business:
24 Lorrimore Close
Billericay
CM12 0XP
Registered address:
24 Lorrimore Close
Billericay
Essex
CM12 0XP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. 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 basis:
20% Reducing balance
Office equipment
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4
For the year ended 30 November 2023
Property & Risk Management Services Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Office
equipment
£
Cost or
valuation
At 01 December 2022
23,773
1,872
Additions
At 30 November 2023
25,645
Provision for depreciation and impairment
At 01 December 2022
15,124
Charge for year
2,478
At 30 November 2023
17,602
At 30 November 2023
Net book value
8,043
At 30 November 2022
8,649
3. Trade and other receivables
2022
2023
£
£
Prepayments and accrued income
-
25,000
Taxation and social security
-
315
Other debtors
2,475
2,475
27,790
2,475
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
66,250
46,898
Accruals and deferred income
743
815
Directors' loan accounts
2,686
2,416
69,679
50,129
5. Related party transactions
The company is controlled by the Director Darren Backshall who has control over 100% of the voting rights of the
company.
During the period the Director Darren Backshall was paid interim ordinary dividends in the sum of £146,000 in respct
of his shareholding in the company.
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5
For the year ended 30 November 2023
Property & Risk Management Services Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 3 (2022 : 2)
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