IRIS Accounts Production v24.2.0.383 09251006 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Fair value model Ordinary 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092510062023-03-31092510062024-03-31092510062023-04-012024-03-31092510062022-03-31092510062022-04-012023-03-31092510062023-03-3109251006ns15:EnglandWales2023-04-012024-03-3109251006ns14:PoundSterling2023-04-012024-03-3109251006ns10:Director12023-04-012024-03-3109251006ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3109251006ns10:SmallEntities2023-04-012024-03-3109251006ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3109251006ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3109251006ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109251006ns10:FullAccounts2023-04-012024-03-3109251006ns10:OrdinaryShareClass12023-04-012024-03-3109251006ns10:OrdinaryShareClass22023-04-012024-03-3109251006ns10:Director22023-04-012024-03-3109251006ns10:CompanySecretary12023-04-012024-03-3109251006ns10:RegisteredOffice2023-04-012024-03-3109251006ns5:CurrentFinancialInstruments2024-03-3109251006ns5:CurrentFinancialInstruments2023-03-3109251006ns5:ShareCapital2024-03-3109251006ns5:ShareCapital2023-03-3109251006ns5:RetainedEarningsAccumulatedLosses2024-03-3109251006ns5:RetainedEarningsAccumulatedLosses2023-03-3109251006ns5:ComputerEquipment2023-04-012024-03-3109251006ns5:FurnitureFittings2023-03-3109251006ns5:ComputerEquipment2023-03-3109251006ns5:FurnitureFittings2023-04-012024-03-3109251006ns5:FurnitureFittings2024-03-3109251006ns5:ComputerEquipment2024-03-3109251006ns5:FurnitureFittings2023-03-3109251006ns5:ComputerEquipment2023-03-3109251006ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3109251006ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3109251006ns10:OrdinaryShareClass12024-03-3109251006ns10:OrdinaryShareClass22024-03-31
REGISTERED NUMBER: 09251006 (England and Wales)















Proctor Surveyors Limited

Unaudited Financial Statements

For The Year Ended 31st March 2024






Proctor Surveyors Limited (Registered number: 09251006)






Contents of the Financial Statements
For The Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


Proctor Surveyors Limited

Company Information
For The Year Ended 31st March 2024







DIRECTORS: S J A Proctor
Mrs. S Proctor





SECRETARY: Mr. S J A Proctor





REGISTERED OFFICE: 310 Wellingborough Road
Northampton
Northamptonshire
NN1 4EP





BUSINESS ADDRESS: The Old Farmhouse
Hartwell Road, Long Street
Hanslope
Milton Keynes
Buckinghamshire
MK19 7BY





REGISTERED NUMBER: 09251006 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

Proctor Surveyors Limited (Registered number: 09251006)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 3,627 4,228
Investment property 6 376,965 376,965
380,592 381,193

CURRENT ASSETS
Debtors 7 177,309 39,959
Cash at bank 237,727 237,309
415,036 277,268
CREDITORS
Amounts falling due within one year 8 201,338 112,063
NET CURRENT ASSETS 213,698 165,205
TOTAL ASSETS LESS CURRENT
LIABILITIES

594,290

546,398

CAPITAL AND RESERVES
Called up share capital 9 140 140
Retained earnings 594,150 546,258
SHAREHOLDERS' FUNDS 594,290 546,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 5th August 2024 and were signed on its behalf by:





S J A Proctor - Director


Proctor Surveyors Limited (Registered number: 09251006)

Notes to the Financial Statements
For The Year Ended 31st March 2024

1. STATUTORY INFORMATION

Proctor Surveyors 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company is chartered surveyors.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Proctor Surveyors Limited (Registered number: 09251006)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 6,031 5,307 11,338
DEPRECIATION
At 1st April 2023 1,803 5,307 7,110
Charge for year 601 - 601
At 31st March 2024 2,404 5,307 7,711
NET BOOK VALUE
At 31st March 2024 3,627 - 3,627
At 31st March 2023 4,228 - 4,228

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023
and 31st March 2024 376,965
NET BOOK VALUE
At 31st March 2024 376,965
At 31st March 2023 376,965

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 177,309 39,959

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 112,185 27,568
Other creditors 89,153 84,495
201,338 112,063

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
40 Ordinary B £1 40 40
140 140

10. CONTINGENT LIABILITIES

There were no contingent liabilities as at 31st March 2024 or 31st March 2023.

Proctor Surveyors Limited (Registered number: 09251006)

Notes to the Financial Statements - continued
For The Year Ended 31st March 2024

11. CAPITAL COMMITMENTS

There were no capital commitments as at 31st March 2024 or 31st March 2023.