27 December 2022 false No description of principal activity Taxfiler 2024.5 07751926business:PrivateLimitedCompanyLtd2022-12-272023-12-26 077519262022-12-26 077519262022-12-272023-12-26 07751926business:AuditExempt-NoAccountantsReport2022-12-272023-12-26 07751926business:FilletedAccounts2022-12-272023-12-26 077519262023-12-26 07751926business:Director12022-12-272023-12-26 07751926business:Director22022-12-272023-12-26 07751926business:RegisteredOffice2022-12-272023-12-26 077519262022-12-26 07751926core:WithinOneYear2023-12-26 07751926core:WithinOneYear2022-12-26 07751926core:AfterOneYear2023-12-26 07751926core:AfterOneYear2022-12-26 07751926core:ShareCapitalcore:PreviouslyStatedAmount2023-12-26 07751926core:ShareCapitalcore:PreviouslyStatedAmount2022-12-26 07751926core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-26 07751926core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-26 07751926core:PreviouslyStatedAmount2023-12-26 07751926core:PreviouslyStatedAmount2022-12-26 07751926business:SmallEntities2022-12-272023-12-26 07751926countries:EnglandWales2022-12-272023-12-26 07751926core:PlantMachinery2022-12-272023-12-26 07751926core:MotorVehicles2022-12-272023-12-26 07751926core:FurnitureFittings2022-12-272023-12-26 07751926core:ComputerEquipment2022-12-272023-12-26 07751926core:FurnitureFittings2022-12-26 07751926core:FurnitureFittings2023-12-26 077519262021-12-282022-12-26 iso4217:GBP xbrli:pure
Company Registration No. 07751926 (England and Wales)
Property Result Ltd Unaudited accounts for the year ended 26 December 2023
Property Result Ltd Unaudited accounts Contents
Page
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Property Result Ltd Company Information for the year ended 26 December 2023
Directors
Dwayne Squires Thomas Mews
Company Number
07751926 (England and Wales)
Registered Office
20-22 Wenlock Road, Hoxton London, N1 7GU England,
Accountants
The XC Group Unit B, 42 Beecholme Ave MItcham Surrey CR4 2HT
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Property Result Ltd Statement of financial position as at 26 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,621 
4,828 
Current assets
Debtors
14,136 
35,712 
Cash at bank and in hand
82,488 
49,206 
96,624 
84,918 
Creditors: amounts falling due within one year
(30,000)
(39,787)
Net current assets
66,624 
45,131 
Total assets less current liabilities
70,245 
49,959 
Creditors: amounts falling due after more than one year
(70,173)
(49,685)
Net assets
72 
274 
Capital and reserves
Called up share capital
(400)
(400)
Profit and loss account
472 
674 
Shareholders' funds
72 
274 
For the year ending 26 December 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 20 September 2024 and were signed on its behalf by
Dwayne Squires Director Company Registration No. 07751926
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Property Result Ltd Notes to the Accounts for the year ended 26 December 2023
1
Statutory information
Property Result Ltd is a private company, limited by shares, registered in England and Wales, registration number 07751926. The registered office is 20-22 , Wenlock Road,, Hoxton, London, , N1 7GU, 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.
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:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
50%
Computer equipment
50%
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 27 December 2022
6,740 
At 26 December 2023
6,740 
Depreciation
At 27 December 2022
1,912 
Charge for the year
1,207 
At 26 December 2023
3,119 
Net book value
At 26 December 2023
3,621 
At 26 December 2022
4,828 
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Property Result Ltd Notes to the Accounts for the year ended 26 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
14,136 
35,712 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
9,787 
Other creditors
30,000 
30,000 
30,000 
39,787 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,562 
19,993 
Trade creditors
52,611 
29,692 
70,173 
49,685 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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