REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2024 |
FOR |
PROPERTY SHOP (ACCRINGTON) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2024 |
FOR |
PROPERTY SHOP (ACCRINGTON) LIMITED |
PROPERTY SHOP (ACCRINGTON) LIMITED (REGISTERED NUMBER: 04908035) |
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 SHOP (ACCRINGTON) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Abacus House |
450 Warrington Road |
Culcheth |
Warrington |
Cheshire |
WA3 5QX |
PROPERTY SHOP (ACCRINGTON) LIMITED (REGISTERED NUMBER: 04908035) |
BALANCE SHEET |
31ST MARCH 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 8 |
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 SHOP (ACCRINGTON) LIMITED (REGISTERED NUMBER: 04908035) |
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 SHOP (ACCRINGTON) LIMITED (REGISTERED NUMBER: 04908035) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST MARCH 2024 |
1. | STATUTORY INFORMATION |
Property Shop (Accrington) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
No depreciation is provided on the property as, in the opinion of the directors, the property is maintained to a high standard and therefore the market value exceeds the historical cost. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | and |
Property | property | fittings | Totals |
£ | £ | £ | £ |
COST OR VALUATION |
At 1st April 2023 |
Additions |
At 31st March 2024 |
DEPRECIATION |
At 1st April 2023 |
and 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
At 31st March 2023 |
PROPERTY SHOP (ACCRINGTON) LIMITED (REGISTERED NUMBER: 04908035) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST MARCH 2024 |
4. | TANGIBLE FIXED ASSETS - continued |
Cost or valuation at 31st March 2024 is represented by: |
Improvements | Fixtures |
to | and |
Property | property | fittings | Totals |
£ | £ | £ | £ |
Valuation in 2008 | 639,655 | - | - | 639,655 |
Cost | - | 50,053 | 4,973 | 55,026 |
639,655 | 50,053 | 4,973 | 694,681 |
If Long leasehold property had not been revalued it would have been included at the following historical cost: |
2024 | 2023 |
£ | £ |
Cost | 541,961 | 541,961 |
Long leasehold property was valued on an open market basis on 31st March 2008 by the director S Chippendale . |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Taxation and social security |
Other creditors |
PROPERTY SHOP (ACCRINGTON) LIMITED (REGISTERED NUMBER: 04908035) |
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 |
£ | £ |
Bank loans |
Amounts falling due in more than five years: |
Repayable by instalments |
Mortgages >5yrs by instalment | 631,524 | 631,524 |
8. | RESERVES |
Revaluation |
reserve |
£ |
At 1st April 2023 |
and 31st March 2024 |