REGISTERED NUMBER: |
Financial Statements For The Year Ended 31st March 2024 |
for |
Property Investment Solutions Ltd |
REGISTERED NUMBER: |
Financial Statements For The Year Ended 31st March 2024 |
for |
Property Investment Solutions Ltd |
Property Investment Solutions Ltd (Registered number: 06086447) |
Contents of the Financial Statements |
For The Year Ended 31st March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Property Investment Solutions Ltd |
Company Information |
For The Year Ended 31st March 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
64 High Street |
Belper |
Derbyshire |
DE56 1GF |
Property Investment Solutions Ltd (Registered number: 06086447) |
Balance Sheet |
31st March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Property Investment Solutions Ltd (Registered number: 06086447) |
Balance Sheet - continued |
31st March 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Property Investment Solutions Ltd (Registered number: 06086447) |
Notes to the Financial Statements |
For The Year Ended 31st March 2024 |
1. | STATUTORY INFORMATION |
Property Investment Solutions Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
No depreciation is provided on the Freehold Property as the directors are of the opinion that its cost is a fair valuation of its current value. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1st April 2023 |
and 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
At 31st March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Taxation and social security |
Other creditors |
Property Investment Solutions Ltd (Registered number: 06086447) |
Notes to the Financial Statements - continued |
For The Year Ended 31st March 2024 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At 31st March 2024 there was an amount of £12,655 (2023: £16,077) owing to the directors, Mr. C. and Mrs. D. H. Lawrence. This amount is interest free, unsecured and has no fixed repayment terms. |
9. | RELATED PARTY DISCLOSURES |
At 31st March 2023 the company owed the sum of company that is owned and controlled by Mr. C. & Mrs. D. H. Lawrence. |