Fenland Property Maintenance Limited 06289319 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is property repairs and maintenance Digita Accounts Production Advanced 6.30.9574.0 true true 06289319 2023-04-01 2024-03-31 06289319 2024-03-31 06289319 bus:OrdinaryShareClass1 bus:OtherShareType 2024-03-31 06289319 core:CapitalRedemptionReserve 2024-03-31 06289319 core:RetainedEarningsAccumulatedLosses 2024-03-31 06289319 core:ShareCapital 2024-03-31 06289319 core:CurrentFinancialInstruments 2024-03-31 06289319 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 06289319 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 06289319 core:FurnitureFittingsToolsEquipment 2024-03-31 06289319 bus:SmallEntities 2023-04-01 2024-03-31 06289319 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 06289319 bus:FilletedAccounts 2023-04-01 2024-03-31 06289319 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06289319 bus:RegisteredOffice 2023-04-01 2024-03-31 06289319 bus:CompanySecretary1 2023-04-01 2024-03-31 06289319 bus:Director1 2023-04-01 2024-03-31 06289319 bus:OrdinaryShareClass1 bus:OtherShareType 2023-04-01 2024-03-31 06289319 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06289319 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 06289319 countries:EnglandWales 2023-04-01 2024-03-31 06289319 2023-03-31 06289319 core:FurnitureFittingsToolsEquipment 2023-03-31 06289319 2022-04-01 2023-03-31 06289319 2023-03-31 06289319 bus:OrdinaryShareClass1 bus:OtherShareType 2023-03-31 06289319 core:CapitalRedemptionReserve 2023-03-31 06289319 core:RetainedEarningsAccumulatedLosses 2023-03-31 06289319 core:ShareCapital 2023-03-31 06289319 core:CurrentFinancialInstruments 2023-03-31 06289319 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06289319 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 06289319 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06289319

Fenland Property Maintenance Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Fenland Property Maintenance Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Fenland Property Maintenance Limited

Company Information

Director

Mr S P Fendyke

Company secretary

Mrs LC Fendyke

Registered office

4 Chapelgate
Kirton End
Boston
Lincolnshire
PE20 1NJ

Accountants

Cannon Williamson
Chartered Certified Accountants
Albion House
32 Pinchbeck Road
Spalding
Lincolnshire
PE11 1QD

 

Fenland Property Maintenance Limited

(Registration number: 06289319)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed Assets

 

Tangible Assets

4

266

303

Current assets

 

Debtors

5

9,773

3,286

Cash at bank and in hand

 

9,715

10,505

 

19,488

13,791

Creditors: Amounts falling due within one year

6

(91,887)

(114,549)

Net current liabilities

 

(72,399)

(100,758)

Total assets less current liabilities

 

(72,133)

(100,455)

Creditors: Amounts falling due after more than one year

6

(42)

(42)

Net liabilities

 

(72,175)

(100,497)

Capital and Reserves

 

Called up share capital

7

50

50

Capital redemption reserve

50

50

Retained Earnings

(72,275)

(100,597)

Shareholders' deficit

 

(72,175)

(100,497)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 31 July 2024
 

.........................................
Mr S P Fendyke
Director

 

Fenland Property Maintenance Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Chapelgate
Kirton End
Boston
Lincolnshire
PE20 1NJ

These financial statements were authorised for issue by the director on 31 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Fenland Property Maintenance Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

33% & 20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Fenland Property Maintenance Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

4

Tangible Assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

9,906

9,906

At 31 March 2024

9,906

9,906

Depreciation

At 1 April 2023

9,453

9,453

Charge for the year

187

187

At 31 March 2024

9,640

9,640

Carrying amount

At 31 March 2024

266

266

At 31 March 2023

303

303

5

Debtors

Current

2024
£

2023
£

Trade Debtors

9,773

3,286

 

9,773

3,286

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

11,448

8,172

Accruals and deferred income

7,269

7,207

Other creditors

73,170

99,170

91,887

114,549

Creditors: amounts falling due after more than one year

 

Fenland Property Maintenance Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

6

Creditors (continued)

2024
£

2023
£

Due after one year

Other non-current financial liabilities

42

42

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

50

50

50

50

       

8

Dividends