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Company Registration No. 08728409 (England and Wales)
Access Property Management (UK) Limited Unaudited accounts for the year ended 30 June 2024
Access Property Management (UK) Limited Unaudited accounts Contents
Page
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Access Property Management (UK) Limited Company Information for the year ended 30 June 2024
Director
X Lita
Company Number
08728409 (England and Wales)
Registered Office
Standard House 107 - 115 Eastmoor Street London SE7 8LX United Kingdom
Accountants
Valuemaven Business Services (UK) Limited 7 Lita Mews Romford London RM1 3FG
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Access Property Management (UK) Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
900,000 
900,000 
Current assets
Cash at bank and in hand
96,192 
126,037 
Creditors: amounts falling due within one year
(984,953)
(1,004,176)
Net current liabilities
(888,761)
(878,139)
Total assets less current liabilities
11,239 
21,861 
Creditors: amounts falling due after more than one year
(10,833)
(20,000)
Net assets
406 
1,861 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
306 
1,761 
Shareholders' funds
406 
1,861 
For the year ending 30 June 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 9 July 2025 and were signed on its behalf by
X Lita Director Company Registration No. 08728409
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Access Property Management (UK) Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Access Property Management (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 08728409. The registered office is Standard House, 107 - 115 Eastmoor Street, London, SE7 8LX, 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.
3
Accounting policies
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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
4
Investments
Other investments 
£ 
Valuation at 1 July 2023
900,000 
Valuation at 30 June 2024
900,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Amounts owed to group undertakings and other participating interests
699,000 
699,000 
Taxes and social security
24,236 
36,455 
Other creditors
250,717 
257,721 
Accruals
1,000 
1,000 
984,953 
1,004,176 
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Access Property Management (UK) Limited Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,833 
20,000 
7
Transactions with related parties
Other creditors includes amount payable to Lita Homes Limited £250,717 (2023: £257,721), Greathall Ltd of £699,000 (2023: £699,000). The company is fully owned subsidiary of Lita Homes Ltd and Mr X Lita is common director and controlling shareholder.
8
Controlling party
Access Property Management (UK) Limited is subsidiary of Lita Homes Limited the company in which Mr X Lita is director and controlling shareholder.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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