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REGISTERED NUMBER: 10760976 (England and Wales)

















National Property Sourcers Limited

Financial Statements

for the Period 1 June 2023 to 31 August 2024






National Property Sourcers Limited (Registered number: 10760976)

Contents of the Financial Statements
for the period 1 June 2023 to 31 August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


National Property Sourcers Limited

Company Information
for the period 1 June 2023 to 31 August 2024







DIRECTORS: Mrs C J Read
Mrs M Maclean





REGISTERED OFFICE: 24 Cornwall Road
Dorchester
Dorset
DT1 1RX





REGISTERED NUMBER: 10760976 (England and Wales)





ACCOUNTANTS: Read Woodruff
Chartered Accountants
24 Cornwall Road
Dorchester
Dorset
DT1 1RX

National Property Sourcers Limited (Registered number: 10760976)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 947 19,773
Cash at bank - 9,201
947 28,974
CREDITORS
Amounts falling due within one year 5 15,434 13,033
NET CURRENT (LIABILITIES)/ASSETS (14,487 ) 15,941
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,487

)

15,941

CREDITORS
Amounts falling due after more than one
year

6

-

20,602
NET LIABILITIES (14,487 ) (4,661 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (14,687 ) (4,861 )
SHAREHOLDERS' FUNDS (14,487 ) (4,661 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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

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 11 February 2025 and were signed on its behalf by:




Mrs C J Read - Director



Mrs M Maclean - Director


National Property Sourcers Limited (Registered number: 10760976)

Notes to the Financial Statements
for the period 1 June 2023 to 31 August 2024


1. STATUTORY INFORMATION

National Property Sourcers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the period 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.

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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 947 19,773

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 3,360
Other creditors 15,434 9,673
15,434 13,033

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 20,602

Amounts falling due in more than five years:

Repayable by instalments
Bank loans - 7,162

National Property Sourcers Limited (Registered number: 10760976)

Notes to the Financial Statements - continued
for the period 1 June 2023 to 31 August 2024


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 August 2024 and the year ended 31 May 2023:

2024 2023
£    £   
Mrs M Maclean
Balance outstanding at start of period 3,043 1,735
Amounts advanced - 3,043
Amounts repaid (3,043 ) (1,735 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 3,043

Mrs C J Read
Balance outstanding at start of period 937 -
Amounts advanced - 937
Amounts repaid (937 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 937