Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-3052023-05-01falseNo description of principal activity5truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04203470 2023-05-01 2024-04-30 04203470 2022-05-01 2023-04-30 04203470 2024-04-30 04203470 2023-04-30 04203470 2022-05-01 04203470 c:Director1 2023-05-01 2024-04-30 04203470 d:PlantMachinery 2023-05-01 2024-04-30 04203470 d:PlantMachinery 2024-04-30 04203470 d:PlantMachinery 2023-04-30 04203470 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04203470 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 04203470 d:MotorVehicles 2023-05-01 2024-04-30 04203470 d:MotorVehicles 2024-04-30 04203470 d:MotorVehicles 2023-04-30 04203470 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04203470 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 04203470 d:FurnitureFittings 2023-05-01 2024-04-30 04203470 d:FurnitureFittings 2024-04-30 04203470 d:FurnitureFittings 2023-04-30 04203470 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04203470 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 04203470 d:OfficeEquipment 2023-05-01 2024-04-30 04203470 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 04203470 d:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 04203470 d:CurrentFinancialInstruments 2024-04-30 04203470 d:CurrentFinancialInstruments 2023-04-30 04203470 d:Non-currentFinancialInstruments 2024-04-30 04203470 d:Non-currentFinancialInstruments 2023-04-30 04203470 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 04203470 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 04203470 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 04203470 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 04203470 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 04203470 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 04203470 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 04203470 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 04203470 d:ShareCapital 2024-04-30 04203470 d:ShareCapital 2023-04-30 04203470 d:RetainedEarningsAccumulatedLosses 2024-04-30 04203470 d:RetainedEarningsAccumulatedLosses 2023-04-30 04203470 d:AcceleratedTaxDepreciationDeferredTax 2024-04-30 04203470 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 04203470 c:OrdinaryShareClass1 2023-05-01 2024-04-30 04203470 c:OrdinaryShareClass1 2024-04-30 04203470 c:OrdinaryShareClass1 2023-04-30 04203470 c:OrdinaryShareClass2 2023-05-01 2024-04-30 04203470 c:OrdinaryShareClass2 2024-04-30 04203470 c:OrdinaryShareClass2 2023-04-30 04203470 c:FRS102 2023-05-01 2024-04-30 04203470 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04203470 c:FullAccounts 2023-05-01 2024-04-30 04203470 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04203470 d:WithinOneYear 2024-04-30 04203470 d:WithinOneYear 2023-04-30 04203470 d:BetweenOneFiveYears 2024-04-30 04203470 d:BetweenOneFiveYears 2023-04-30 04203470 d:HirePurchaseContracts d:WithinOneYear 2024-04-30 04203470 d:HirePurchaseContracts d:WithinOneYear 2023-04-30 04203470 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-04-30 04203470 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-04-30 04203470 d:HirePurchaseContracts d:MoreThanFiveYears 2024-04-30 04203470 d:HirePurchaseContracts d:MoreThanFiveYears 2023-04-30 04203470 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-04-30 04203470 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-04-30 04203470 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 04203470









TOTAL PROPERTY SUPPORT SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
REGISTERED NUMBER: 04203470

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
132,674
40,614

Current assets
  

Debtors: amounts falling due within one year
 5 
136,855
525,339

Cash at bank and in hand
  
1,257,239
1,501,999

  
1,394,094
2,027,338

Creditors: amounts falling due within one year
 6 
(750,041)
(1,351,580)

Net current assets
  
 
 
644,053
 
 
675,758

Total assets less current liabilities
  
776,727
716,372

Creditors: amounts falling due after more than one year
 7 
(34,210)
(137,722)

Provisions for liabilities
  

Deferred tax
 10 
(19,089)
(10,154)

Net assets
  
723,428
568,496


Capital and reserves
  

Called up share capital 
 11 
1,000
1,000

Profit and loss account
  
722,428
567,496

  
723,428
568,496


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
REGISTERED NUMBER: 04203470
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G Coombs
Director

Date: 27 January 2025

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Total Property Support Services Limited ("the company") is a private company limited by shares, incorporated in England and Wales. Its registration number is 04203470. The registered office address is
Leytonstone House, Leytonstone, London E11 1GA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on a going concern basis.

 
2.3

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred or to be incurred in respect of the contract, and the costs to complete the contract, can be measured reliably.
Revenue represents the value of work done in the year, including estimates for work done at the year end, which includes an element of profit. The amounts recoverable for work done are disclosed within debtors.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
reducing balance
Fixtures, fittings and equipment
-
15%
reducing balance
Plant and machinery
-
15%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income an retained earnings.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. 

 
2.8

Creditors

Short-term creditors are measured at the transaction price.

 
2.9

Finance costs

Finance costs are charged to the statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

Operating leases: the company as lessee

Rentals paid under operating leases are charged to the Statement of income and retained earnings on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.11

Leased assets: the company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the Statement of income and retained earnings so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

  
2.12

Pensions

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.
The contributions are recognised as an expense in the Statement of income and retained earnings when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.13

Borrowing costs

All borrowing costs are recognised in the Statement of income and retained earnings in the year in which they are incurred.

Page 5

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.14

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of income and retained earnings except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 6

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures, fittings and equipment
Total

£
£
£
£



Cost or valuation


At 1 May 2023
1,496
76,553
77,836
155,885


Additions
-
128,265
2,540
130,805


Disposals
-
(44,580)
-
(44,580)



At 30 April 2024

1,496
160,238
80,376
242,110



Depreciation


At 1 May 2023
1,431
51,063
62,777
115,271


Charge for the year on owned assets
10
2,298
2,436
4,744


Charge for the year on financed assets
-
10,526
-
10,526


Disposals
-
(21,105)
-
(21,105)



At 30 April 2024

1,441
42,782
65,213
109,436



Net book value



At 30 April 2024
55
117,456
15,163
132,674



At 30 April 2023
65
25,490
15,059
40,614

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2024
2023
£
£



Motor vehicles
99,959
17,624

Page 7

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
62,209
375,410

Prepayments and accrued income
43,317
37,715

Amounts recoverable on long term contracts
31,329
112,214

136,855
525,339



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
-
50,000

Trade creditors
162,061
606,164

Corporation tax
89,829
105,581

Other taxation and social security
187,825
367,529

Obligations under finance leases and hire purchase contracts
20,018
3,915

Other creditors
9,777
13,157

Accruals and deferred income
280,531
205,234

750,041
1,351,580



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
120,833

Net obligations under finance leases and hire purchase contracts
34,210
16,889

34,210
137,722


Page 8

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
-
50,000

Amounts falling due 1-2 years

Bank loans
-
50,000

Amounts falling due 2-5 years

Bank loans
-
70,833


-
170,833



9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
20,018
3,915

Between 1-5 years
19,600
3,915

Over 5 years
14,610
12,974

54,228
20,804


10.


Deferred taxation




2024
2023


£

£






At beginning of year
(10,154)
(9,726)


Charged to profit or loss
(8,935)
(428)



At end of year
(19,089)
(10,154)

Page 9

 
TOTAL PROPERTY SUPPORT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
 
10.Deferred taxation (continued)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
19,089
10,154


11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



500 (2023 - 500) "A" Ordinary shares of £1 each
500
500
500 (2023 - 500) "B" Ordinary non-voting shares of £1 each
500
500

1,000

1,000



12.


Commitments under operating leases

At 30 April 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
5,342
25,000

Later than 1 year and not later than 5 years
-
5,342

5,342
30,342


13.


Related party transactions

Directors' interests in dividends paid during the year were £120,000 (2023 - £120,000).
At the year end, the company owed £3,353 
(2023 - £3,353) to directors.
The company operates from a freehold building which is owned by a pension scheme in which the directors are Trustees. During the year, the company was charged rent of £25,000 
(2023 - £25,000) by the pension scheme.
At the balance sheet date, the company owed the above pension scheme £29,545  
(2023 - £29,545).

 
Page 10