REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
FOR |
UNITNUMBER PROPERTY MANAGEMENT LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST AUGUST 2024 |
FOR |
UNITNUMBER PROPERTY MANAGEMENT LIMITED |
UNITNUMBER PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 02833475) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31st August 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
UNITNUMBER PROPERTY MANAGEMENT LIMITED |
COMPANY INFORMATION |
for the Year Ended 31st August 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
15 Bridge Road |
Wellington |
Telford |
Shropshire |
TF1 1EB |
UNITNUMBER PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 02833475) |
BALANCE SHEET |
31st August 2024 |
31.8.24 | 31.8.23 |
Notes | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Share premium |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The director acknowledges his 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. |
UNITNUMBER PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 02833475) |
BALANCE SHEET - continued |
31st August 2024 |
The financial statements were approved by the director and authorised for issue on |
UNITNUMBER PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 02833475) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 31st August 2024 |
1. | STATUTORY INFORMATION |
Unitnumber Property Management Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents ground rents received from tenants or landlords as appropriate.These exclude value added tax. |
Tangible fixed assets |
Freehold property comprises freehold title to properties and as such the directors do not believe there has been any diminution in value and therefore no provision for depreciation is required. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
UNITNUMBER PROPERTY MANAGEMENT LIMITED (REGISTERED NUMBER: 02833475) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 31st August 2024 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1st September 2023 |
and 31st August 2024 |
NET BOOK VALUE |
At 31st August 2024 |
At 31st August 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.24 | 31.8.23 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.24 | 31.8.23 |
£ | £ |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.8.24 | 31.8.23 |
£ | £ |
Other creditors |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.24 | 31.8.23 |
value: | £ | £ |
Ordinary | £1 | 4 | 4 |
9. | FIXED ASSETS |
Fixed assets comprise a freehold title , no depreciation is provided because there is no reduction in value and being the freehold title and not the physical property. |
No revaluation of this asset has been carried out as it would not be cost effective and would only be appropriate on the individual sale of the properties if that were being considered by the owners. |
10. | OTHER LOANS |
Other long term loans comprise remaining funds on former directors' loan accounts. These are unlikely to be repaid because the former directors have relinquished their interests in the company. |