Company Registration No. 06353598 (England and Wales)
Liverpool Property Solutions Limited
Unaudited accounts
for the year ended 31 August 2024
Liverpool Property Solutions Limited
Unaudited accounts
Contents
Liverpool Property Solutions Limited
Company Information
for the year ended 31 August 2024
Company Number
06353598 (England and Wales)
Registered Office
56a Tithebarn Street
Liverpool
L2 2SR
United Kingdom
Accountants
Diane Kenny Accountancy & Taxation Services Limited
50 Molyneux Road
Waterloo
Liverpool
L22 4QZ
Liverpool Property Solutions Limited
Statement of financial position
as at 31 August 2024
Intangible assets
34,012
38,872
Tangible assets
106,116
73,680
Cash at bank and in hand
254,092
239,844
Creditors: amounts falling due within one year
(182,176)
(211,736)
Net current assets
167,968
127,946
Net assets
308,096
240,498
Called up share capital
2
2
Profit and loss account
308,094
240,496
Shareholders' funds
308,096
240,498
For the year ending 31 August 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 12 May 2025 and were signed on its behalf by
J Gervin
Director
Company Registration No. 06353598
Liverpool Property Solutions Limited
Notes to the Accounts
for the year ended 31 August 2024
Liverpool Property Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 06353598. The registered office is 56a Tithebarn Street, Liverpool, L2 2SR, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2023
48,592
Liverpool Property Solutions Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
82,151
75,293
48,772
206,216
Additions
46,667
21,143
-
67,810
At 31 August 2024
128,818
96,436
48,772
274,026
At 1 September 2023
59,163
34,331
39,042
132,536
Charge for the year
17,414
15,527
2,433
35,374
At 31 August 2024
76,577
49,858
41,475
167,910
At 31 August 2024
52,241
46,578
7,297
106,116
At 31 August 2023
22,988
40,962
9,730
73,680
Amounts falling due within one year
Trade debtors
56,302
70,690
Other debtors
39,750
29,148
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,950
25,910
Trade creditors
12,582
46,030
Taxes and social security
22,395
18,958
Proposed dividends
87,250
83,000
Other creditors
31,437
3,074
Loans from directors
-
22,952
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).