Company Registration No. 2479043 (England and Wales)
Alexander Property Management Limited
Unaudited accounts
for the year ended 31 March 2024
Alexander Property Management Limited
Unaudited accounts
Contents
Alexander Property Management Limited
Company Information
for the year ended 31 March 2024
Directors
Simon Alexander
Lisa Alexander
Company Number
2479043 (England and Wales)
Registered Office
70 WOOD STREET
WALTHAMSTOW
LONDON
E17 3HT
Accountants
NRM ACCOUNTANCY SERVICES LTD
70 Wood Street
Walthamstow
London
E17 3HT
Alexander Property Management Limited
Statement of financial position
as at 31 March 2024
Tangible assets
1,312,590
1,309,748
Cash at bank and in hand
61,670
18,179
Creditors: amounts falling due within one year
(123,198)
(54,549)
Net current liabilities
(61,528)
(36,370)
Total assets less current liabilities
1,251,062
1,273,378
Creditors: amounts falling due after more than one year
(244,000)
(261,762)
Net assets
1,007,062
1,011,616
Called up share capital
2
2
Profit and loss account
1,007,060
1,011,614
Shareholders' funds
1,007,062
1,011,616
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 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 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 of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by
Simon Alexander
Director
Company Registration No. 2479043
Alexander Property Management Limited
Notes to the Accounts
for the year ended 31 March 2024
Alexander Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 2479043. The registered office is 70 WOOD STREET, WALTHAMSTOW, LONDON, E17 3HT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
1,298,455
54,084
25,074
1,377,613
Additions
-
12,500
-
12,500
Disposals
-
(12,049)
-
(12,049)
At 31 March 2024
1,298,455
54,535
25,074
1,378,064
At 1 April 2023
-
42,970
24,895
67,865
Charge for the year
-
3,489
-
3,489
On disposals
-
(5,880)
-
(5,880)
At 31 March 2024
-
40,579
24,895
65,474
At 31 March 2024
1,298,455
13,956
179
1,312,590
At 31 March 2023
1,298,455
11,114
179
1,309,748
Alexander Property Management Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
18,495
8,500
Taxes and social security
32,196
19,231
Other creditors
19,034
21,026
Loans from directors
18,865
5,792
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
244,000
261,762
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).