186 PROPERTY SOLUTIONS (SOUTHERN) LTD

Company Registration Number:
02930991 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

186 PROPERTY SOLUTIONS (SOUTHERN) LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

186 PROPERTY SOLUTIONS (SOUTHERN) LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 651 330
Total fixed assets: 651 330
Current assets
Stocks: 66,578 12,606
Debtors:   274,300 231,665
Cash at bank and in hand: 104,085 165,868
Total current assets: 444,963 410,139
Creditors: amounts falling due within one year:   (333,651) (289,544)
Net current assets (liabilities): 111,312 120,595
Total assets less current liabilities: 111,963 120,925
Total net assets (liabilities): 111,963 120,925
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 111,863 120,825
Shareholders funds: 111,963 120,925

The notes form part of these financial statements

186 PROPERTY SOLUTIONS (SOUTHERN) LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 September 2024
and signed on behalf of the board by:

Name: Nigel O'Keefe
Status: Director

The notes form part of these financial statements

186 PROPERTY SOLUTIONS (SOUTHERN) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fittings fixtures and equipment - 33% reducing balance

186 PROPERTY SOLUTIONS (SOUTHERN) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

186 PROPERTY SOLUTIONS (SOUTHERN) LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 403
Additions 475
At 31 May 2024 878
Depreciation
At 01 June 2023 73
Charge for year 154
At 31 May 2024 227
Net book value
At 31 May 2024 651
At 31 May 2023 330