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Company Registration No. 14776146 (England and Wales)
PROPER-TY PHASE HOMES LTD Unaudited accounts for the period from 3 April 2023 to 30 April 2024
PROPER-TY PHASE HOMES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PROPER-TY PHASE HOMES LTD Company Information for the period from 3 April 2023 to 30 April 2024
Directors
Gavin Thomas Paul Lough
Company Number
14776146 (England and Wales)
Registered Office
Aces Accounts & Taxation Ltd 195 High Street Ongar Essex CM5 9JG England
Accountants
Aces Accounts and Taxation Ltd 195 High Street Chipping Ongar Essex CM5 9JG
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PROPER-TY PHASE HOMES LTD Statement of financial position as at 30 April 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
189,740 
Current assets
Cash at bank and in hand
65,400 
Creditors: amounts falling due within one year
5
(256,271)
Net current liabilities
(190,871)
Total assets less current liabilities
(1,131)
Provisions for liabilities
Deferred tax
(380)
Net liabilities
(1,511)
Capital and reserves
Called up share capital
2 
Profit and loss account
(1,513)
Shareholders' funds
(1,511)
For the period ending 30 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.
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 3 April 2025 and were signed on its behalf by
Gavin Thomas Director Company Registration No. 14776146
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PROPER-TY PHASE HOMES LTD Notes to the Accounts for the period from 3 April 2023 to 30 April 2024
1
Statutory information
PROPER-TY PHASE HOMES LTD is a private company, limited by shares, registered in England and Wales, registration number 14776146. The registered office is Aces Accounts & Taxation Ltd, 195 High Street, Ongar, Essex, CM5 9JG, 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 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 3 April 2023
- 
Additions
189,740 
At 30 April 2024
189,740 
Depreciation
At 30 April 2024
- 
Net book value
At 30 April 2024
189,740 
Property revaluation at fair value by Director as at 30 April 24
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
(77,631)
Loans from directors
333,200 
Accruals
702 
256,271 
6
Average number of employees
During the period the average number of employees was 0.
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