Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-311truetruemanaging properties in the Stoke on Trent area1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-02-01falsefalse 3639180 2024-02-01 2024-08-31 3639180 2023-02-01 2024-01-31 3639180 2024-08-31 3639180 2024-01-31 3639180 c:Director1 2024-02-01 2024-08-31 3639180 d:Buildings 2024-02-01 2024-08-31 3639180 d:Buildings 2024-08-31 3639180 d:Buildings 2024-01-31 3639180 d:Buildings d:LeasedAssetsHeldAsLessee 2024-02-01 2024-08-31 3639180 d:FurnitureFittings 2024-02-01 2024-08-31 3639180 d:FurnitureFittings 2024-08-31 3639180 d:FurnitureFittings 2024-01-31 3639180 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2024-02-01 2024-08-31 3639180 d:LeasedAssetsHeldAsLessee 2024-02-01 2024-08-31 3639180 d:CurrentFinancialInstruments 2024-08-31 3639180 d:CurrentFinancialInstruments 2024-01-31 3639180 d:Non-currentFinancialInstruments 2024-08-31 3639180 d:Non-currentFinancialInstruments 2024-01-31 3639180 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 3639180 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 3639180 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-31 3639180 d:Non-currentFinancialInstruments d:AfterOneYear 2024-01-31 3639180 d:ShareCapital 2024-08-31 3639180 d:ShareCapital 2024-01-31 3639180 d:CapitalRedemptionReserve 2024-08-31 3639180 d:CapitalRedemptionReserve 2024-01-31 3639180 d:RetainedEarningsAccumulatedLosses 2024-08-31 3639180 d:RetainedEarningsAccumulatedLosses 2024-01-31 3639180 c:EntityNoLongerTradingButTradedInPast 2024-02-01 2024-08-31 3639180 c:FRS102 2024-02-01 2024-08-31 3639180 c:AuditExempt-NoAccountantsReport 2024-02-01 2024-08-31 3639180 c:FullAccounts 2024-02-01 2024-08-31 3639180 c:PrivateLimitedCompanyLtd 2024-02-01 2024-08-31 3639180 e:PoundSterling 2024-02-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 3639180










POTTY PROPERTIES LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2024

 
POTTY PROPERTIES LTD
REGISTERED NUMBER: 3639180

STATEMENT OF FINANCIAL POSITION
AS AT 31 AUGUST 2024

31 August
31 January
August 2024
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
100,067

  
-
100,067

Current assets
  

Debtors: amounts falling due within one year
 5 
4,289
-

Cash at bank and in hand
  
-
4,630

  
4,289
4,630

Creditors: amounts falling due within one year
 6 
-
(26,935)

Net current assets/(liabilities)
  
 
 
4,289
 
 
(22,305)

Total assets less current liabilities
  
4,289
77,762

Creditors: amounts falling due after more than one year
 7 
-
(79,300)

  

Net assets/(liabilities)
  
4,289
(1,538)


Capital and reserves
  

Called up share capital 
  
7
7

Capital redemption reserve
  
100
100

Profit and loss account
  
4,182
(1,645)

  
4,289
(1,538)


Page 1

 
POTTY PROPERTIES LTD
REGISTERED NUMBER: 3639180
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 AUGUST 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 October 2024.




C Bennett
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
POTTY PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The presentational currency of the Company is GBP.

The following principal accounting policies have been applied:

 
1.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold land and buildings
-
not depreciated
Fixtures and fittings
-
15% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
POTTY PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

1.Accounting policies (continued)

 
1.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


2.


General information

The Company is a private company, limited by shares and registered in England.
Its registered number is: 03639180
Its Registered Office is: 
First Floor
28 Whitehorse Street
Baldock
Herts
SG7 6QQ


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2024 - 1).

Page 4

 
POTTY PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

4.


TANGIBLE FIXED ASSETS







Freehold property
Fixtures & fittings
Total

£
£
£





At 1 February 2024
100,000
1,800
101,800


Disposals
(100,000)
(1,800)
(101,800)



At 31 August August 2024

-
-
-





At 1 February 2024
-
1,733
1,733


Charge for the period on financed assets
-
(1,733)
(1,733)



At 31 August August 2024

-
-
-



Net book value



At 31 August August 2024
-
-
-



At 31 January 2024
100,000
67
100,067


5.


Debtors

31 August
31 January
August 2024
2024
£
£


Other debtors
4,289
-

4,289
-



6.


Creditors: Amounts falling due within one year

31 August
31 January
August 2024
2024
£
£

Other creditors
-
26,935

-
26,935


Page 5

 
POTTY PROPERTIES LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2024

7.


Creditors: Amounts falling due after more than one year

31 August
31 January
August 2024
2024
£
£

Other creditors
-
79,300

-
79,300


 
Page 6