REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 DECEMBER 2022 |
FOR |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED |
REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 DECEMBER 2022 |
FOR |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 04193203) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 DECEMBER 2022 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 28 DECEMBER 2022 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
www.michaelfiliou.com |
Salisbury House |
81 High Street |
Potters Bar |
Hertfordshire |
EN6 5AS |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 04193203) |
ABRIDGED BALANCE SHEET |
28 DECEMBER 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 04193203) |
ABRIDGED BALANCE SHEET - continued |
28 DECEMBER 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 04193203) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 28 DECEMBER 2022 |
1. | STATUTORY INFORMATION |
Property Liaisons (Developments) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Tangible fixed assets |
Computer equipment | - |
Stocks |
Stock consists of properties held for resale and professional fees on ongoing projects and are stated at the lower of cost and net realisable value. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 04193203) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 DECEMBER 2022 |
3. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2021 - NIL). |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 29 December 2021 |
and 28 December 2022 |
DEPRECIATION |
At 29 December 2021 |
Charge for year |
At 28 December 2022 |
NET BOOK VALUE |
At 28 December 2022 |
At 28 December 2021 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2022 | 2021 |
value: | £ | £ |
Ordinary | £1 | 1,000 | 1,000 |
7. | RELATED PARTY DISCLOSURES |
Purple Monday Limited |
Purple Monday Limited is the parent company and is incorporated in England and Wales. At the balance sheet date, Purple Monday Limited owed £70,800 (£2021 - £70,800) to the company. |
PROPERTY LIAISONS (DEVELOPMENTS) LIMITED (REGISTERED NUMBER: 04193203) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 28 DECEMBER 2022 |
8. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is |
The parent company, Purple Monday Limited, holds all 100% of the issued share capital of the company. The director, Mr Christopher Henry Hawkins, controls 76% of the issued share capital of Purple Monday Limited. |