Company Registration No. 08044482 (England and Wales)
Price & Co Properties Limited
Unaudited accounts
for the year ended 29 April 2024
Price & Co Properties Limited
Unaudited accounts
Contents
Price & Co Properties Limited
Company Information
for the year ended 29 April 2024
Directors
Karl Price
Matt Karl Price
Company Number
08044482 (England and Wales)
Registered Office
REGENT HOUSE
FOLDS ROAD
BOLTON
BL1 2RZ
ENGLAND
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
Price & Co Properties Limited
Statement of financial position
as at 29 April 2024
Tangible assets
1,361
1,601
Cash at bank and in hand
8,577
13,236
Creditors: amounts falling due within one year
(79,171)
(56,129)
Net current liabilities
(18,711)
(1,129)
Total assets less current liabilities
(17,350)
472
Provisions for liabilities
Net (liabilities)/assets
(17,608)
168
Called up share capital
100
100
Profit and loss account
(17,708)
68
Shareholders' funds
(17,608)
168
For the year ending 29 April 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 January 2025 and were signed on its behalf by
Matt Karl Price
Director
Company Registration No. 08044482
Price & Co Properties Limited
Notes to the Accounts
for the year ended 29 April 2024
Price & Co Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 08044482. The registered office is REGENT HOUSE, FOLDS ROAD, BOLTON, BL1 2RZ, 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.
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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
15% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
Price & Co Properties Limited
Notes to the Accounts
for the year ended 29 April 2024
5
Tangible fixed assets
Total
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
-
9,827
-
9,827
8
Average number of employees
During the year the average number of employees was 9 (2023: 7).