Registered number
12145632
Professional Apartment Solutions Limited
Filleted Accounts
31 January 2025
Professional Apartment Solutions Limited
Registered number: 12145632
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 3,896,563 3,896,563
Current assets
Debtors 4 1,000 1,000
Cash at bank and in hand 87,927 104,032
88,927 105,032
Creditors: amounts falling due within one year 5 (10,278) (14,842)
Net current assets 78,649 90,190
Total assets less current liabilities 3,975,212 3,986,753
Creditors: amounts falling due after more than one year 6 (3,772,045) (3,819,169)
Net assets 203,167 167,584
Capital and reserves
Called up share capital 1,000 1,000
Share premium 166,584 116,590
Profit and loss account 35,583 49,994
Shareholders' funds 203,167 167,584
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J R Laxon
Director
Approved by the board on 15 May 2025
Professional Apartment Solutions Limited
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 February 2024 3,896,563
At 31 January 2025 3,896,563
Depreciation
At 31 January 2025 -
Net book value
At 31 January 2025 3,896,563
At 31 January 2024 3,896,563
4 Debtors 2025 2024
£ £
Other debtors 1,000 1,000
5 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 10,278 14,842
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 2,250,000 2,250,000
Trade creditors 2,876 -
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,519,169 1,569,169
3,772,045 3,819,169
7 Loans 2025 2024
£ £
Creditors include:
Secured bank loans 2,250,000 2,250,000
Secured on long leashold property
8 Other information
Professional Apartment Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
Bridgeway House
Icknield Way Business Estate
Tring
Herts
HP23 4JX
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