Registered number
08740934
Playground Property Company Limited
Accounts
For the Year ended
30 September 2024
Oakensen
Chartered Accountants
Bryer Ash Business Park
Trowbridge
Wiltshire
BA14 8HE
Playground Property Company Limited
Registered number: 08740934
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1 1
Current assets
Debtors 4 5,467 4,162
Creditors: amounts falling due within one year 5 (6,381) (773)
Net current (liabilities)/assets (914) 3,389
Total assets less current liabilities (913) 3,390
Creditors: amounts falling due after more than one year 6 (52,832) (57,135)
Net liabilities (53,745) (53,745)
Capital and reserves
Called up share capital 60 60
Profit and loss account (53,805) (53,805)
Shareholder's funds (53,745) (53,745)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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.
M I E Drakoulakou
Director
Approved by the board on 23 June 2025
Playground Property Company Limited
Notes to the Accounts
for the year ended 30 September 2024
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.
Turnover
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers. Turnover is recognised when the service has been completed.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life as follows:
Fixtures and fittings over 7 years
Debtors
Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price, which is usually the invoice price.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 October 2023 22,611
At 30 September 2024 22,611
Depreciation
At 1 October 2023 22,610
At 30 September 2024 22,610
Net book value
At 30 September 2024 1
At 30 September 2023 1
4 Debtors 2024 2023
£ £
Other debtors 5,467 4,162
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 5,467 -
Other creditors 914 773
6,381 773
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 52,832 57,135
7 Related party transactions
Included in creditors due after one year is an amount of £52,832 (2023: £57,135) due to the director.
8 Other information
Playground Property Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
43 & 45 St Nicholas Street
Bristol
BS1 1TP
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