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Company Registration No. 13958614 (England and Wales)
PROFESSIONAL SURVEYORS LTD Unaudited accounts for the year ended 31 March 2024
PROFESSIONAL SURVEYORS LTD Unaudited accounts Contents
Page
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PROFESSIONAL SURVEYORS LTD Company Information for the year ended 31 March 2024
Director
Michael Brough
Company Number
13958614 (England and Wales)
Registered Office
1 OVERLEIGH ROAD CHESTER CH4 7HL ENGLAND
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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PROFESSIONAL SURVEYORS LTD Accountants' report
Accountants' report to the director of PROFESSIONAL SURVEYORS LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PROFESSIONAL SURVEYORS LTD for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PROFESSIONAL SURVEYORS LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PROFESSIONAL SURVEYORS LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PROFESSIONAL SURVEYORS LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PROFESSIONAL SURVEYORS LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PROFESSIONAL SURVEYORS LTD. You consider that PROFESSIONAL SURVEYORS LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PROFESSIONAL SURVEYORS LTD. 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 accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 17 April 2024
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PROFESSIONAL SURVEYORS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,048 
973 
Current assets
Debtors
6,999 
1,335 
Cash at bank and in hand
6,117 
18,684 
13,116 
20,019 
Creditors: amounts falling due within one year
(13,620)
(17,820)
Net current (liabilities)/assets
(504)
2,199 
Net assets
1,544 
3,172 
Capital and reserves
Called up share capital
100 
1 
Profit and loss account
1,444 
3,171 
Shareholders' funds
1,544 
3,172 
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 his 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 April 2024 and were signed on its behalf by
Michael Brough Director Company Registration No. 13958614
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PROFESSIONAL SURVEYORS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PROFESSIONAL SURVEYORS LTD is a private company, limited by shares, registered in England and Wales, registration number 13958614. The registered office is 1 OVERLEIGH ROAD, CHESTER, CH4 7HL, ENGLAND.
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.
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
Straight line 25%
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 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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,168 
Additions
1,669 
At 31 March 2024
2,837 
Depreciation
At 1 April 2023
195 
Charge for the year
594 
At 31 March 2024
789 
Net book value
At 31 March 2024
2,048 
At 31 March 2023
973 
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PROFESSIONAL SURVEYORS LTD Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
595 
- 
Accrued income and prepayments
3,024 
1,335 
Other debtors
3,380 
- 
6,999 
1,335 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,662 
3,580 
Trade creditors
595 
145 
Taxes and social security
10,363 
10,068 
Loans from directors
- 
4,027 
13,620 
17,820 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Michael Brough
Mr Michael Brough
- 
6,860 
- 
6,860 
- 
6,860 
- 
6,860 
The directors loan to M.Brough of £6,860 has been paid in full as at the 1st June 2024.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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