Company Registration No. 10475132 (England and Wales)
PEACE VILLAGE MAINTENANCE LTD
Unaudited accounts
for the year ended 30 November 2023
PEACE VILLAGE MAINTENANCE LTD
Unaudited accounts
Contents
PEACE VILLAGE MAINTENANCE LTD
Company Information
for the year ended 30 November 2023
Directors
Sajid Ahmed Arain
Mansoor Ahmed Khan
Bestoun Mawlood
Company Number
10475132 (England and Wales)
Registered Office
87 School Road
Sale
M33 7XA
ENGLAND
PEACE VILLAGE MAINTENANCE LTD
Statement of financial position
as at 30 November 2023
Investment property
341,226
341,226
Cash at bank and in hand
4,921
5,183
Creditors: amounts falling due within one year
(2,028)
(1,575)
Net current assets
249,206
214,553
Total assets less current liabilities
591,301
556,843
Creditors: amounts falling due after more than one year
(587,348)
(554,626)
Called up share capital
100
100
Profit and loss account
3,853
2,117
Shareholders' funds
3,953
2,217
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by
Mansoor Ahmed Khan
Director
Company Registration No. 10475132
PEACE VILLAGE MAINTENANCE LTD
Notes to the Accounts
for the year ended 30 November 2023
PEACE VILLAGE MAINTENANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 10475132. The registered office is 87 School Road, Sale, M33 7XA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
PEACE VILLAGE MAINTENANCE LTD
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
1,353
1,500
2,853
At 30 November 2023
1,353
1,500
2,853
At 1 December 2022
646
1,143
1,789
Charge for the year
106
89
195
At 30 November 2023
752
1,232
1,984
At 30 November 2023
601
268
869
At 30 November 2022
707
357
1,064
Fair value at 1 December 2022
341,226
At 30 November 2023
341,226
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
225,142
210,945
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,028
1,575
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
34,539
-
Other creditors
539,177
539,177
Taxes and social security
4,174
4,174
Other Creditors' figure includes the 'Long Term Interest-Free Director Loan' provided by the Directors to the company. The 'Director Loan Account' balance provided by the Directors to the company stands at 350,856 on the Balance Sheet date.
PEACE VILLAGE MAINTENANCE LTD
Notes to the Accounts
for the year ended 30 November 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).