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Company Registration No. 09952435 (England and Wales)
A & M Elite Property Management Limited Unaudited accounts for the year ended 31 March 2024
A & M Elite Property Management Limited Unaudited accounts Contents
Page
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A & M Elite Property Management Limited Company Information for the year ended 31 March 2024
Director
Angela Owen
Company Number
09952435 (England and Wales)
Registered Office
325 - 327 OLDFIELD LANE NORTH GREENFORD MIDDLESEX UB6 0FX UNITED KINGDOM
Accountants
Bucks Tax And Payroll Services Limited 29 Ballyknockan Road Ballygowan Down BT23 6NR
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A & M Elite Property Management Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
77 
103 
Current assets
Debtors
12,790 
13,316 
Cash at bank and in hand
11,305 
7,858 
24,095 
21,174 
Creditors: amounts falling due within one year
(6,092)
(4,248)
Net current assets
18,003 
16,926 
Total assets less current liabilities
18,080 
17,029 
Creditors: amounts falling due after more than one year
- 
(2,850)
Net assets
18,080 
14,179 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
18,079 
14,178 
Shareholders' funds
18,080 
14,179 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 September 2024 and were signed on its behalf by
Angela Owen Director Company Registration No. 09952435
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A & M Elite Property Management Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
A & M Elite Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 09952435. The registered office is 325 - 327 OLDFIELD LANE NORTH, GREENFORD, MIDDLESEX, UB6 0FX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% net residual value per annum
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,029 
At 31 March 2024
1,029 
Depreciation
At 1 April 2023
926 
Charge for the year
26 
At 31 March 2024
952 
Net book value
At 31 March 2024
77 
At 31 March 2023
103 
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A & M Elite Property Management Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,790 
8,941 
Other debtors
- 
4,375 
12,790 
13,316 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,582 
1,608 
Other creditors
200 
- 
Loans from directors
2,956 
- 
Accruals
1,354 
2,640 
6,092 
4,248 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
2,850 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Angela Owen
Interest Free Loan
4,375 
- 
4,375 
- 
4,375 
- 
4,375 
- 
At 31 March 2024 A Owen, director, was owed £2,956 by the company. In 2023 she owed the company £4,375. This is an interest free loan repayable on demand.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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