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Company Registration No. 4648394 (England and Wales)
Trouble Properties Ltd Unaudited accounts for the year ended 31 January 2024
Trouble Properties Ltd Unaudited accounts Contents
Page
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Trouble Properties Ltd Company Information for the year ended 31 January 2024
Director
S D Gough
Company Number
4648394 (England and Wales)
Registered Office
28 Terminus Road Sheffield S7 2LH
Accountants
HART SIMPSON 65 Ward Street New Tupton Chesterfield Derbyshire S42 6XR
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Trouble Properties Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,110,882 
945,101 
Current assets
Cash at bank and in hand
1,722 
1,664 
Creditors: amounts falling due within one year
(447,681)
(304,423)
Net current liabilities
(445,959)
(302,759)
Total assets less current liabilities
664,923 
642,342 
Creditors: amounts falling due after more than one year
(383,747)
(382,759)
Net assets
281,176 
259,583 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
308,424 
308,424 
Profit and loss account
(27,348)
(48,941)
Shareholders' funds
281,176 
259,583 
For the year ending 31 January 2024 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 19 September 2024 and were signed on its behalf by
S D Gough Director Company Registration No. 4648394
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Trouble Properties Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Trouble Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 4648394. The registered office is 28 Terminus Road, Sheffield, S7 2LH.
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
1%
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
849,348 
- 
307,207 
1,156,555 
Additions
- 
111,231 
59,338 
170,569 
At 31 January 2024
849,348 
111,231 
366,545 
1,327,124 
Depreciation
At 1 February 2023
- 
- 
211,454 
211,454 
Charge for the year
- 
- 
4,788 
4,788 
At 31 January 2024
- 
- 
216,242 
216,242 
Net book value
At 31 January 2024
849,348 
111,231 
150,303 
1,110,882 
At 31 January 2023
849,348 
- 
95,753 
945,101 
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Trouble Properties Ltd Notes to the Accounts for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
71,550 
96,758 
Obligations under finance leases and hire purchase contracts
101,587 
- 
Trade creditors
350 
350 
Taxes and social security
- 
1,893 
Other creditors
11,793 
17,534 
Loans from directors
262,401 
187,888 
447,681 
304,423 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
383,747 
382,759 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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