ASC PROPERTY MANAGEMENT LIMITED

Company Registration Number:
07051020 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

ASC PROPERTY MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

ASC PROPERTY MANAGEMENT LIMITED

Company Information

for the Period Ended 31 October 2024




Director: Andreas Soterios Christopheros
Registered office: 40
Carrine Road
Truro
Cornwall
England
TR1 3XB
Company Registration Number: 07051020 (England and Wales)

ASC PROPERTY MANAGEMENT LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

The principal activity of the company in the period was property letting services.

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Andreas Soterios Christopheros

This report was approved by the board of directors on 22 July 2025
And Signed On Behalf Of The Board By:

Name: Andreas Soterios Christopheros
Status: Director

ASC PROPERTY MANAGEMENT LIMITED

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 67,132 65,033
Administrative Expenses ( 30,440 ) ( 37,773 )
Operating Profit or (Loss) 36,692 27,260
Profit or (Loss) Before Tax 36,692 27,260
Tax on Profit ( 7,048 ) ( 5,232 )
Profit or (Loss) for Period 29,644 22,028

The notes form part of these financial statements

ASC PROPERTY MANAGEMENT LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 1,109 1,514
Total fixed assets: 1,109 1,514
Current assets
Debtors: 3,540 3,922
Cash at bank and in hand: 9,351 12,344
Total current assets: 12,891 16,266
Creditors: amounts falling due within one year: ( 8,471 ) ( 7,045 )
Net current assets (liabilities): 4,420 9,221
Total assets less current liabilities: 5,529 10,735
Total net assets (liabilities): 5,529 10,735

The notes form part of these financial statements

ASC PROPERTY MANAGEMENT LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 5,528 10,734
Shareholders funds: 5,529 10,735

For the year ending 31 October 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 July 2025
And Signed On Behalf Of The Board By:

Name: Andreas Soterios Christopheros
Status: Director

The notes form part of these financial statements

ASC PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ASC PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 2

ASC PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

ASC PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Dividends


2024
£

2023
£
Dividends paid 34,850 19,200

ASC PROPERTY MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible Assets

Total
Cost £
At 01 November 2023 4,044
Additions -
Disposals (458)
Revaluations -
Transfers -
At 31 October 2024 3,586
Depreciation
At 01 November 2023 2,530
Charge for year 405
On disposals (458)
Other adjustments -
At 31 October 2024 2,477
Net book value
At 31 October 2024 1,109
At 31 October 2023 1,514