Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-3197falseNo description of principal activity2022-11-0197falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05455986 2022-11-01 2023-10-31 05455986 2023-10-31 05455986 2021-11-01 2022-10-31 05455986 2022-10-31 05455986 c:CompanySecretary1 2022-11-01 2023-10-31 05455986 c:Director1 2022-11-01 2023-10-31 05455986 c:Director2 2022-11-01 2023-10-31 05455986 c:Director3 2022-11-01 2023-10-31 05455986 c:Director4 2022-11-01 2023-10-31 05455986 c:RegisteredOffice 2022-11-01 2023-10-31 05455986 d:CurrentFinancialInstruments 2023-10-31 05455986 d:CurrentFinancialInstruments 2022-10-31 05455986 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05455986 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05455986 d:ShareCapital 2023-10-31 05455986 d:ShareCapital 2022-10-31 05455986 d:RetainedEarningsAccumulatedLosses 2023-10-31 05455986 d:RetainedEarningsAccumulatedLosses 2022-10-31 05455986 c:FRS102 2022-11-01 2023-10-31 05455986 c:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 05455986 c:FullAccounts 2022-11-01 2023-10-31 05455986 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05455986 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 05455986







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


PM PROPERTY LAWYERS LIMITED






































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PM PROPERTY LAWYERS LIMITED
 



CONTENTS



Page
Company information
1
Accountants' report
2
Statement of financial position
3
Notes to the financial statements
4 - 5


 


PM PROPERTY LAWYERS LIMITED
 


 
COMPANY INFORMATION


Directors
T R Halksworth 
H J Harding 
D J Mackay 
S B Osborne 




Company secretary
J H Bostock



Registered number
05455986



Registered office
Pm House
250 Shepcote Lane

Sheffield

South Yorkshire

S9 1TP




Accountants
Menzies LLP
Chartered Accountants

1st Floor

Midas House

62 Goldsworth Road

Woking

Surrey

GU21 6LQ




Page 1

 


PM PROPERTY LAWYERS LIMITED
 

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CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PM PROPERTY LAWYERS LIMITED
FOR THE YEAR ENDED 31 OCTOBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PM Property Lawyers Limited for the year ended 31 October 2023 which comprise  the Statement of financial position and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

As a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at: www.icaew.com/en/members/regulations-standards-and-guidance/.


This report is made solely to the Board of directors of PM Property Lawyers Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of PM Property Lawyers Limited and state those matters that we have agreed to state to the Board of directors of PM Property Lawyers Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PM Property Lawyers Limited and its Board of directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that PM Property Lawyers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that PM Property Lawyers Limited is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of PM Property Lawyers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.




$AccRepSigner

Menzies LLP
 
Chartered Accountants
  
1st Floor
Midas House
62 Goldsworth Road
Woking
Surrey
GU21 6LQ


31 October 2024
$AccRepSignerDate

Page 2

 


PM PROPERTY LAWYERS LIMITED
REGISTERED NUMBER:05455986



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
133,023
78,587

  
133,023
78,587

Creditors: amounts falling due within one year
 5 
(53,123)
(10,883)

Net current assets
  
 
 
79,900
 
 
67,704

Total assets less current liabilities
  
79,900
67,704

  

Net assets
  
79,900
67,704


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
78,900
66,704

  
79,900
67,704


The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 by: 




................................................
D J Mackay
Director

Date: 31 October 2024

The notes on pages 4 to 5 form part of these financial statements.

Page 3

 


PM PROPERTY LAWYERS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

PM Property Lawyers Limited is a private company limited by shares incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is disclosed on the company information page.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetaryamountsin these financial statements are rounded to the nearest £.

2.Accounting policies

 
2.1

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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

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.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 


PM PROPERTY LAWYERS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 97 (2022 - 97).


4.


Debtors

2023
2022
£
£


Other debtors
132,023
77,587

Called up share capital not paid
1,000
1,000

133,023
78,587



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
6,928
8,164

Other taxation and social security
41,245
-

Accruals and deferred income
4,950
2,719

53,123
10,883


 
Page 5