P-PROPERTY SOLUTIONS LTD

Company Registration Number:
13012323 (England and Wales)

Unaudited micro entity accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

P-PROPERTY SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

P-PROPERTY SOLUTIONS LTD

Company Information

for the Period Ended 30 November 2023




Director: Hakeem Duckworth-Porter
Lucian Palade
Registered office: 20-22
Wenlock Road
London
England
N1 7GU
Company Registration Number: 13012323 (England and Wales)

P-PROPERTY SOLUTIONS LTD

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

Other letting and operating of own or leased real estate

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
Hakeem Duckworth-Porter
Lucian Palade

This report was approved by the board of directors on 28 November 2024
And Signed On Behalf Of The Board By:

Name: Hakeem Duckworth-Porter
Status: Director

P-PROPERTY SOLUTIONS LTD

Balance sheet

As at 30 November 2023


2023
£

2022
£
Called up share capital not paid: 1,000 1,000
Fixed Assets: 238 357
Current assets: 375 5,647
Creditors: amounts falling due within one year: ( 22,370 ) ( 16,213 )
Net current assets (liabilities): ( 21,995 ) ( 10,566 )
Total assets less current liabilities: ( 20,757 ) ( 9,209 )
Total net assets (liabilities): ( 20,757 ) ( 9,209 )
Capital and reserves: ( 20,757 ) ( 9,209 )

P-PROPERTY SOLUTIONS LTD

Balance sheet continued

For the year ending 30 November 2023 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 28 November 2024
And Signed On Behalf Of The Board By:

Name: Hakeem Duckworth-Porter
Status: Director

The notes form part of these financial statements

P-PROPERTY SOLUTIONS LTD

Footnotes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Employee Information

    Average number of employees: 2

P-PROPERTY SOLUTIONS LTD

Footnotes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Off balance sheet disclosure

    Turnover

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and
    value added taxes.
    Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover
    is reduced for estimated customer returns, rebates and other similar allowances.

    Sale of goods

    Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of
    the goods has transferred to the buyer. This is usually at the point that the customer has signed for the
    delivery of the goods.

    Rendering of services

    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. Turnover is only recognised to the extent of
    recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible Fixed Assets and Depreciation

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated
    impairment losses.
    Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated
    residual value,
    over their expected useful lives on the following bases:
    Computer Equipment 20% on reducing balance