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Company Registration No. 12031223 (England and Wales)
PSQUAREV HOMES LIMITED Unaudited accounts for the year ended 30 June 2024
PSQUAREV HOMES LIMITED Unaudited accounts Contents
Page
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PSQUAREV HOMES LIMITED Company Information for the year ended 30 June 2024
Director
VINEET CHANDRA
Company Number
12031223 (England and Wales)
Registered Office
THE SYCAMORES THE RIDGE COLD ASH THATCHAM RG18 9HX ENGLAND
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED 62 BARTHOLOMEW STREET NEWBURY NEWBURY BERKSHIRE RG14 7BE
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PSQUAREV HOMES LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
380,000 
386,667 
Current assets
Cash at bank and in hand
3,080 
21,267 
Creditors: amounts falling due within one year
(214,330)
(214,548)
Net current liabilities
(211,250)
(193,281)
Total assets less current liabilities
168,750 
193,386 
Creditors: amounts falling due after more than one year
(246,000)
(246,000)
Provisions for liabilities
Deferred tax
(3,801)
(2,534)
Net liabilities
(81,051)
(55,148)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(81,061)
(55,158)
Shareholders' funds
(81,051)
(55,148)
For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 24 March 2025 and were signed on its behalf by
VINEET CHANDRA Director Company Registration No. 12031223
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PSQUAREV HOMES LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
PSQUAREV HOMES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12031223. The registered office is THE SYCAMORES THE RIDGE, COLD ASH, THATCHAM, RG18 9HX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Straight line basis over 20 years
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 July 2023
400,000 
At 30 June 2024
400,000 
Depreciation
At 1 July 2023
13,333 
Charge for the year
6,667 
At 30 June 2024
20,000 
Net book value
At 30 June 2024
380,000 
At 30 June 2023
386,667 
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PSQUAREV HOMES LIMITED Notes to the Accounts for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,315 
7,774 
Trade creditors
(343)
(278)
Other creditors
178,000 
178,000 
Loans from directors
28,902 
28,632 
Accruals
456 
420 
214,330 
214,548 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
246,000 
246,000 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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