Property Renovators (Uk) Limited |
Registered Number:08688780 |
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
Property Renovators (Uk) Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
768,848
179,590
2
768,848
179,590
294,824
116,260
3
Trade and other receivables |
14,264
13,930
4
336,041
Cash and cash equivalents |
261,383
391,573
645,129
Trade and other payables: amounts falling due within one |
year |
(87,282)
(81,999)
5
557,847
309,574
Net current assets
Total assets less current liabilities |
1,078,422
737,437
Trade and other payables: amounts falling due after more |
than one year |
(479,185)
(678,029)
6
400,393
Net assets
258,252
10
10
400,383
258,242
400,393
258,252
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Paul Michael Lockwood Director |
These financial statements were approved and authorised for issue by the Board on 10 October 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2023
Property Renovators (Uk) Limited
Notes to the Financial Statements
Statutory Information
Property Renovators (Uk) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 08688780. |
Andrew Carr Farm Oughtibridge Lane
Grenoside
Sheffield
South Yorkshire
S35 8QD
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is |
likely that there has been a material change in value. |
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 30 September 2023
Property Renovators (Uk) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
283,661
-
129,647
47,014
107,000
692,637
1,258
77,355
57,994
556,030
-
(64,686)
(35,501)
-
(100,187)
69,507
142,316
1,258
876,111
663,030
Provision for depreciation and impairment |
104,071
-
87,732
12,059
4,280
Charge for year
50,217
419
23,627
12,910
13,261
(47,025)
-
(39,924)
(7,101)
-
107,263
419
71,435
17,868
17,541
645,489
51,639
70,881
839
768,848
102,720
34,955
41,915
-
179,590
2022
2023
116,260
294,824
4. Trade and other receivables |
2022
2023
-
2,069
13,930
12,195
14,264
13,930
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For the year ended 30 September 2023
Property Renovators (Uk) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2022
2023
30,000
40,000
2,011
17,285
Taxation and social security |
5,228
-
44,760
29,997
81,999
87,282
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
678,029
479,185
7. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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