PROPERTY SERVICES ISLE OF WIGHT LTD

Company Registration Number:
08379099 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PROPERTY SERVICES ISLE OF WIGHT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PROPERTY SERVICES ISLE OF WIGHT LTD

Company Information

for the Period Ended 31 March 2024




Director: K Toogood
Registered office: 60
St. Michaels Avenue
Ryde
Isle Of Wight
PO33 3EH
Company Registration Number: 08379099 (England and Wales)

PROPERTY SERVICES ISLE OF WIGHT LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 9,360 0
Total fixed assets: 9,360 0
Current assets
Stocks: 21,641 21,884
Debtors: 5 17,350 18,981
Cash at bank and in hand: 6,520 15,450
Total current assets: 45,511 56,315
Creditors: amounts falling due within one year: 6 ( 27,012 ) ( 30,125 )
Net current assets (liabilities): 18,499 26,190
Total assets less current liabilities: 27,859 26,190
Creditors: amounts falling due after more than one year: 7 ( 27,377 ) ( 15,736 )
Total net assets (liabilities): 482 10,454

The notes form part of these financial statements

PROPERTY SERVICES ISLE OF WIGHT LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 481 10,453
Shareholders funds: 482 10,454

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 September 2024
And Signed On Behalf Of The Board By:

Name: K Toogood
Status: Director

The notes form part of these financial statements

PROPERTY SERVICES ISLE OF WIGHT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROPERTY SERVICES ISLE OF WIGHT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 4

PROPERTY SERVICES ISLE OF WIGHT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

PROPERTY SERVICES ISLE OF WIGHT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 April 2023 0 0
Additions 11,700 11,700
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 11,700 11,700
Depreciation
At 01 April 2023 - -
Charge for year 2,340 2,340
On disposals - -
Other adjustments - -
At 31 March 2024 2,340 2,340
Net book value
At 31 March 2024 9,360 9,360
At 31 March 2023 0 0

PROPERTY SERVICES ISLE OF WIGHT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Trade debtors 17,350 18,981
Total 17,350 18,981

PROPERTY SERVICES ISLE OF WIGHT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 2,921 4,078
Taxation and social security 2,451 4,160
Other creditors 21,640 21,887
Total 27,012 30,125

PROPERTY SERVICES ISLE OF WIGHT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 27,377 15,736
Total 27,377 15,736