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REGISTERED NUMBER: 04691338 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

PROPERTY PACKAGES LIMITED

PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROPERTY PACKAGES LIMITED

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTORS: Mr D J Thomas
Mr M Thomas
Mr S J Thomas
Mrs L Thomas
Miss R Thomas





SECRETARY: Mr D J Thomas





REGISTERED OFFICE: 20 Eggbridge Lane
Waverton
Chester
Cheshire
CH3 7PE





REGISTERED NUMBER: 04691338 (England and Wales)





ACCOUNTANTS: RfM Preston Ltd
Chartered Accountants
Unit 1, Guest House Farm
Runshaw Lane
Euxton
Chorley
Lancashire
PR7 6HD

PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 350,256 374,093

CURRENT ASSETS
Debtors 5 52,514 88,827
Cash at bank and in hand 33 29,824
52,547 118,651
CREDITORS
Amounts falling due within one year 6 267,784 331,485
NET CURRENT LIABILITIES (215,237 ) (212,834 )
TOTAL ASSETS LESS CURRENT LIABILITIES 135,019 161,259

CREDITORS
Amounts falling due after more than one
year

7

(98,148

)

(113,596

)

PROVISIONS FOR LIABILITIES (16,476 ) (22,435 )
NET ASSETS 20,395 25,228

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 10 20,385 25,218
SHAREHOLDERS' FUNDS 20,395 25,228

PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)

BALANCE SHEET - continued
30 June 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:





Mr D J Thomas - Director


PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Property Packages Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property improvement s - 20% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FIXED ASSET INVESTMENTS
Fixed asset investments are stated at historical cost less provision for any diminution in value.

PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

OPERATING LEASES
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the term of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Leasehold
Freehold property
Freehold property Long improvement
property improvements leasehold s
£    £    £    £   
COST
At 1 July 2023 187,699 86,903 9,750 54,347
Disposals - - - -
At 30 June 2024 187,699 86,903 9,750 54,347
DEPRECIATION
At 1 July 2023 - - - 54,347
Charge for year - - - -
Eliminated on disposal - - - -
At 30 June 2024 - - - 54,347
NET BOOK VALUE
At 30 June 2024 187,699 86,903 9,750 -
At 30 June 2023 187,699 86,903 9,750 -

PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 23,043 116,511 84,790 563,043
Disposals - (11,004 ) - (11,004 )
At 30 June 2024 23,043 105,507 84,790 552,039
DEPRECIATION
At 1 July 2023 23,043 30,204 81,356 188,950
Charge for year - 21,577 2,260 23,837
Eliminated on disposal - (11,004 ) - (11,004 )
At 30 June 2024 23,043 40,777 83,616 201,783
NET BOOK VALUE
At 30 June 2024 - 64,730 1,174 350,256
At 30 June 2023 - 86,307 3,434 374,093

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 42,061 69,751
Directors' current accounts 3,456 15,236
Prepayments 6,997 3,840
52,514 88,827

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 32,231 5,279
Hire purchase contracts 10,027 7,764
Trade creditors 13,971 11,082
Corporation tax 66,736 8,921
Social security and other taxes 62,829 73,717
Other creditors 18,569 42,325
Directors' current accounts 46,485 179,028
Accrued expenses 16,936 3,369
267,784 331,485

PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 5,568 5,423
Bank loans - 2-5 years 17,568 17,135
Bank loans more 5 yr by instal 5,627 11,627
Hire purchase contracts 69,385 79,411
98,148 113,596

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,627 11,627

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 26,808 -
Bank loans 34,186 -
Hire purchase contracts 79,412 87,175
140,406 87,175

Bank liabilities are secured by fixed and floating charges over the undertaking and all property and assets.
Hire purchase finance is secured upon the asset to which the finance relates.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10

10. RESERVES
Retained
earnings
£   

At 1 July 2023 25,218
Profit for the year 73,771
Dividends (78,604 )
At 30 June 2024 20,385

PROPERTY PACKAGES LIMITED (REGISTERED NUMBER: 04691338)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors are balances owing to the directors totalling £46,486 (2023: £179,028).

No interest is charged in respect of this balance.

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £78,604 were paid to the directors .

The following dividends were paid to the following shareholders during the financial year:

Mr DJ Thomas £nil (2023: £nil).
Mr M Thomas £1,758 (2023: £54,432).
Mr SJ Thomas £746 (2023: £46,927).
Mrs L Thomas £38,800 (2023: £33,600).
Miss R Thomas £37,300 (2023: £40,200).