8 November 2023 false No description of principal activity Taxfiler 2024.6 15270716business:PrivateLimitedCompanyLtd2023-11-082025-03-31 152707162023-11-07 152707162023-11-082025-03-31 15270716business:AuditExempt-NoAccountantsReport2023-11-082025-03-31 15270716business:FilletedAccounts2023-11-082025-03-31 152707162025-03-31 15270716business:Director12023-11-082025-03-31 15270716business:Director22023-11-082025-03-31 15270716business:Director32023-11-082025-03-31 15270716business:RegisteredOffice2023-11-082025-03-31 15270716core:WithinOneYear2025-03-31 15270716core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 15270716core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 15270716core:PreviouslyStatedAmount2025-03-31 15270716business:SmallEntities2023-11-082025-03-31 15270716countries:EnglandWales2023-11-082025-03-31 iso4217:GBP xbrli:pure
Company Registration No. 15270716 (England and Wales)
Owen Isherwood Property Management Limited Unaudited accounts for the period from 8 November 2023 to 31 March 2025
Owen Isherwood Property Management Limited Unaudited accounts Contents
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Owen Isherwood Property Management Limited Company Information for the period from 8 November 2023 to 31 March 2025
Directors
A R E Bellion S Bellion A R Fenney
Company Number
15270716 (England and Wales)
Registered Office
1 Wey Court Mary Road Guildford GU1 4QU UK
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Owen Isherwood Property Management Limited Statement of financial position as at 31 March 2025
2025 
Notes
£ 
Current assets
Debtors
14,423 
Cash at bank and in hand
36,965 
51,388 
Creditors: amounts falling due within one year
(21,836)
Net current assets
29,552 
Net assets
29,552 
Capital and reserves
Called up share capital
100 
Profit and loss account
29,452 
Shareholders' funds
29,552 
For the period ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 4 August 2025 and were signed on its behalf by
S Bellion Director Company Registration No. 15270716
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Owen Isherwood Property Management Limited Notes to the Accounts for the period from 8 November 2023 to 31 March 2025
1
Statutory information
Owen Isherwood Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 15270716. The registered office is 1 Wey Court, Mary Road, Guildford, GU1 4QU, UK.
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 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 is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. In preparing these financial statements, the directors have not had to make any judgements and there are no other key sources of estimation uncertainty.
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Owen Isherwood Property Management Limited Notes to the Accounts for the period from 8 November 2023 to 31 March 2025
4
Debtors
2025 
£ 
Amounts falling due within one year
Trade debtors
11,850 
Accrued income and prepayments
2,473 
Other debtors
100 
14,423 
5
Creditors: amounts falling due within one year
2025 
£ 
VAT
5,767 
Trade creditors
137 
Taxes and social security
6,909 
Other creditors
9,023 
21,836 
6
Average number of employees
During the period the average number of employees was 2.
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