Registered number: 11209000 | ||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||
Prepared By: | ||||||||
PRIMUS ACCOUNTING LTD | ||||||||
896 WOODBOROUGH ROAD | ||||||||
NOTTINGHAM | ||||||||
NG3 5QR |
WISE PROPERTIES SALES AND LETTINGS | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 11209000 | ||||||||
ACCOUNTANTS | ||||||||
PRIMUS ACCOUNTING LTD | ||||||||
896 WOODBOROUGH ROAD | ||||||||
NOTTINGHAM | ||||||||
NG3 5QR |
WISE PROPERTIES SALES AND LETTINGS | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED29/02/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
WISE PROPERTIES SALES AND LETTINGS | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
27,076 | 39,451 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 7,190 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 6,353 | 6,353 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 9,754 | 7,680 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
WISE PROPERTIES SALES AND LETTINGS | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 29/02/2024 | ||||||||||
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 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | straight line 15% | |||||||
Equipment | straight line 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
WISE PROPERTIES SALES AND LETTINGS | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||
Fixtures | ||||||||
and Fittings | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/03/2023 | 800 | 10,222 | 4,680 | 15,702 | ||||
Additions | 7,671 | 2,796 | - | 10,467 | ||||
At 29/02/2024 | 8,471 | 13,018 | 4,680 | 26,169 | ||||
Depreciation | ||||||||
At 01/03/2023 | 600 | 3,479 | 4,680 | 8,759 | ||||
For the year | 120 | 3,254 | - | 3,374 | ||||
At 29/02/2024 | 720 | 6,733 | 4,680 | 12,133 | ||||
Net Book Amounts | ||||||||
At 29/02/2024 | 14,036 | |||||||
At 28/02/2023 | 6,943 | |||||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | - | 2,629 | ||||||
PAYE control | 2,046 | - | ||||||
2,046 | 2,629 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
VAT | 5,750 | 8,044 | ||||||
PAYE control | - | 634 | ||||||
Directors current account | 9,766 | 10,143 | ||||||
Bank loans and overdrafts | 6,999 | 3,515 | ||||||
Credit card | 52 | 122 | ||||||
Trade creditors | 2,338 | 9,803 | ||||||
24,905 | 32,261 | |||||||
WISE PROPERTIES SALES AND LETTINGS | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Other creditors > 1yr | 6,353 | 6,353 | ||||||
6,353 | 6,353 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||