12120110falsePROPERTY MAINTENANCE2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12120110

ASSETT PROPERTY MAINTENANCE LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

ASSETT PROPERTY MAINTENANCE LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
NILESH NARANBHAI PATEL
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 12120110
BANKERS
LLOYDS BANK plc
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT

ASSETT PROPERTY MAINTENANCE LIMITED

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

ASSETT PROPERTY MAINTENANCE LIMITED

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3700840
CURRENT ASSETS
Debtors42,2678,680
Cash at bank and in hand2,1442,268
4,41110,948
CREDITORS: Amounts falling due within one year54,65011,307
NET CURRENT LIABILITIES(239)(359)
TOTAL ASSETS LESS CURRENT LIABILITIES461481
PROVISIONS FOR LIABILITIES AND CHARGES62832
NET ASSETS433449
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account333349
SHAREHOLDERS' FUNDS433449
For the year ending 31/03/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/11/2024 and signed on their behalf by
.............................
NILESH NARANBHAI PATEL
Director

ASSETT PROPERTY MAINTENANCE LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Equipmentstraight line10%
1c. Basis Of Accounting FRS 1021 a
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2. EMPLOYEES
20242023
No.No.
Average number of employees22

ASSETT PROPERTY MAINTENANCE LIMITED

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/20231,0881,088
Disposals(104)(104)
At 31/03/2024984984
Depreciation
At 01/04/2023248248
Disposals(104)(104)
For the year140140
At 31/03/2024284284
Net Book Amounts
At 31/03/2024700700
At 31/03/2023840840
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors2,2678,680
2,2678,680
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax5050
Directors current account1,8139,043
Trade creditors5239
Accruals2,7352,175
4,65011,307

ASSETT PROPERTY MAINTENANCE LIMITED

6. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation2832
2832
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. CONTROLLING PARTY
The company is jointly owned by the director Mr N N Patel and his wife Mrs K A Patel, each of whom owns fifty per cent of the share capital of the company.
9. RELATED PARTY TRANSACTIONS
The director did not receive a dividend in the year ended 31 March 2024 (2023 - £ nil).
10. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company is principally involved in property maintenance, all of which is carried out within the United Kingdom.
11. GENERAL INFORMATION
Assett Property Maintenance Limited is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.