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REGISTERED NUMBER: 02825236 (England and Wales)










PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED (REGISTERED NUMBER: 02825236)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: N Hutton
I M Baillie
N V Gibbons





SECRETARY: J Collett





REGISTERED OFFICE: 1-3 Church Street
Leatherhead
Surrey
KT22 8DN





REGISTERED NUMBER: 02825236 (England and Wales)





ACCOUNTANTS: Hakim Fry
Chartered Accountants
69-71 East Street
Epsom
Surrey
KT17 1BP

PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED (REGISTERED NUMBER: 02825236)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 963 1,281

CURRENT ASSETS
Debtors 6 9,155 7,730
Cash at bank and in hand 485,991 423,152
495,146 430,882
CREDITORS
Amounts falling due within one year 7 200,530 149,489
NET CURRENT ASSETS 294,616 281,393
TOTAL ASSETS LESS CURRENT
LIABILITIES

295,579

282,674

PROVISIONS FOR LIABILITIES 241 250
NET ASSETS 295,338 282,424

CAPITAL AND RESERVES
Called up share capital 1,020 1,020
Retained earnings 294,318 281,404
SHAREHOLDERS' FUNDS 295,338 282,424

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

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.

PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED (REGISTERED NUMBER: 02825236)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 24 September 2024 and were signed on its behalf by:





N Hutton - Director


PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED (REGISTERED NUMBER: 02825236)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Patrick Gardner & Co. Residential Lettings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 33% on reducing balance
Fixtures and fittings - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED (REGISTERED NUMBER: 02825236)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2023 - 27 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 May 2023 2,820 23,435 7,003 33,258
Disposals - (12,858 ) (461 ) (13,319 )
At 30 April 2024 2,820 10,577 6,542 19,939
DEPRECIATION
At 1 May 2023 2,820 22,959 6,198 31,977
Charge for year - 157 161 318
Eliminated on disposal - (12,858 ) (461 ) (13,319 )
At 30 April 2024 2,820 10,258 5,898 18,976
NET BOOK VALUE
At 30 April 2024 - 319 644 963
At 30 April 2023 - 476 805 1,281

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 69 60
Other debtors 9,086 7,670
9,155 7,730

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 32,162 19,172
Taxation and social security 163,766 126,037
Other creditors 4,602 4,280
200,530 149,489

PATRICK GARDNER & CO. RESIDENTIAL
LETTINGS LIMITED (REGISTERED NUMBER: 02825236)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Within one year 1,175 1,502
Between one and five years 1,763 -
2,938 1,502

9. ULTIMATE CONTROLLING PARTY

The company is under the control of its shareholders by virtue of their shareholdings