IRIS Accounts Production v24.3.0.553 05351791 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary Shares 1.00000 20049 16949 81046 58600 45500 55500 55595 20049 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh053517912023-01-31053517912024-01-31053517912023-02-012024-01-31053517912022-01-31053517912022-02-012023-01-31053517912023-01-3105351791ns15:EnglandWales2023-02-012024-01-3105351791ns14:PoundSterling2023-02-012024-01-3105351791ns10:Director12023-02-012024-01-3105351791ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3105351791ns10:SmallEntities2023-02-012024-01-3105351791ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3105351791ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3105351791ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3105351791ns10:FullAccounts2023-02-012024-01-3105351791ns10:OrdinaryShareClass12023-02-012024-01-310535179142ns10:Director22023-01-310535179142ns10:Director22022-01-310535179142ns10:Director22023-02-012024-01-310535179142ns10:Director22022-02-012023-01-310535179142ns10:Director22024-01-310535179142ns10:Director22023-01-3105351791ns10:Director22023-02-012024-01-3105351791ns10:CompanySecretary12023-02-012024-01-3105351791ns10:RegisteredOffice2023-02-012024-01-3105351791ns5:CurrentFinancialInstruments2024-01-3105351791ns5:CurrentFinancialInstruments2023-01-3105351791ns5:Non-currentFinancialInstruments2024-01-3105351791ns5:Non-currentFinancialInstruments2023-01-3105351791ns5:ShareCapital2024-01-3105351791ns5:ShareCapital2023-01-3105351791ns5:RetainedEarningsAccumulatedLosses2024-01-3105351791ns5:RetainedEarningsAccumulatedLosses2023-01-3105351791ns5:FurnitureFittings2023-02-012024-01-3105351791ns5:MotorVehicles2023-02-012024-01-3105351791ns5:ComputerEquipment2023-02-012024-01-3105351791ns5:PlantMachinery2023-01-3105351791ns5:PlantMachinery2023-02-012024-01-3105351791ns5:PlantMachinery2024-01-3105351791ns5:PlantMachinery2023-01-3105351791ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3105351791ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3105351791ns10:OrdinaryShareClass12024-01-31053517911ns10:Director12023-01-31053517911ns10:Director12022-01-31053517911ns10:Director12023-02-012024-01-31053517911ns10:Director12022-02-012023-01-31053517911ns10:Director12024-01-31053517911ns10:Director12023-01-31
REGISTERED NUMBER: 05351791 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 January 2024

for

City Lettings (UK) Limited

City Lettings (UK) Limited (Registered number: 05351791)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


City Lettings (UK) Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: S Pasiak
A S J Pasiak





SECRETARY: S Pasiak





REGISTERED OFFICE: 109 Sandy Lane
Melton Mowbray
Leicestershire
LE13 0AW





REGISTERED NUMBER: 05351791 (England and Wales)





ACCOUNTANTS: D. K. Rumsby & Co Limited
3 Colwick Quays
Colwick
Nottingham
Nottinghamshire
NG4 2JY

City Lettings (UK) Limited (Registered number: 05351791)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 12,078 15,497

CURRENT ASSETS
Debtors 5 55,595 114,949
Cash at bank 1,046,992 865,195
1,102,587 980,144
CREDITORS
Amounts falling due within one year 6 (760,799 ) (679,007 )
NET CURRENT ASSETS 341,788 301,137
TOTAL ASSETS LESS CURRENT
LIABILITIES

353,866

316,634

CREDITORS
Amounts falling due after more than one
year

7

(14,167

)

(24,167

)

PROVISIONS FOR LIABILITIES (2,038 ) (2,830 )
NET ASSETS 337,661 289,637

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 337,659 289,635
SHAREHOLDERS' FUNDS 337,661 289,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

City Lettings (UK) Limited (Registered number: 05351791)

Balance Sheet - continued
31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





S Pasiak - Director


City Lettings (UK) Limited (Registered number: 05351791)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

City Lettings (UK) 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

City Lettings (UK) Limited (Registered number: 05351791)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 43,902
Additions 747
At 31 January 2024 44,649
DEPRECIATION
At 1 February 2023 28,405
Charge for year 4,166
At 31 January 2024 32,571
NET BOOK VALUE
At 31 January 2024 12,078
At 31 January 2023 15,497

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 55,595 114,949

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 10,000 10,000
Taxation and social security 62,175 53,366
Other creditors 688,624 615,641
760,799 679,007

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 14,167 24,167

City Lettings (UK) Limited (Registered number: 05351791)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
2 Ordinary Shares £1 2 2

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
S Pasiak and A S J Pasiak
Balance outstanding at start of year 20,049 16,949
Amounts advanced 81,046 58,600
Amounts repaid (45,500 ) (55,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 55,595 20,049

The loan is interest free and repayable on demand. The loan was repaid on 30th April 2024.