| Registered number: 03943448 | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| Prepared By: | ||||||||
| UNV Accountants Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| Office 4, 1st Floor | ||||||||
| 77-79 High Street | ||||||||
| Watford | ||||||||
| WD17 2DJ | ||||||||
| PROPERTY MANAGEMENT & CLEANING SERVICES LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 03943448 | ||||||||
| ACCOUNTANTS | ||||||||
| UNV Accountants Ltd | ||||||||
| Chartered Certified Accountants | ||||||||
| Office 4, 1st Floor | ||||||||
| 77-79 High Street | ||||||||
| Watford | ||||||||
| WD17 2DJ | ||||||||
| PROPERTY MANAGEMENT & CLEANING SERVICES LTD | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/03/2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| PROPERTY MANAGEMENT & CLEANING SERVICES LTD | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 3 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 1,026,352 | 1,110,762 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 882,279 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CREDITORS: Amounts falling due after more than one year | 7 | 777 | 5,874 | |||||||
| PROVISIONS FOR LIABILITIES AND CHARGES | 8 | |||||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 9 | |||||||||
| Profit and loss account | 870,137 | 881,809 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| PROPERTY MANAGEMENT & CLEANING SERVICES LTD | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/03/2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Depreciation | ||||||||
| Fixtures and Fittings | 15% | |||||||
| Equipment | 20% | |||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Pension Costs | ||||||||
| The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | 40 | |||||
| PROPERTY MANAGEMENT & CLEANING SERVICES LTD | ||||||||
| 3. TANGIBLE FIXED ASSETS | ||||||
| Fixtures | ||||||
| and Fittings | Equipment | Total | ||||
| £ | £ | £ | ||||
| Cost | ||||||
| At 01/04/2024 | 47,066 | 10,475 | 57,541 | |||
| At 31/03/2025 | 47,066 | 10,475 | 57,541 | |||
| Depreciation | ||||||
| At 01/04/2024 | 42,060 | 8,273 | 50,333 | |||
| For the year | 751 | 440 | 1,191 | |||
| At 31/03/2025 | 42,811 | 8,713 | 51,524 | |||
| Net Book Amounts | ||||||
| At 31/03/2025 | 6,017 | |||||
| At 31/03/2024 | 7,208 | |||||
| 4. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| 5. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | - | 64,017 | ||||||
| Amounts due from group companies | 948,243 | 962,243 | ||||||
| Accrued income | - | 2,479 | ||||||
| Directors current account | 49,116 | - | ||||||
| 997,359 | 1,028,739 | |||||||
| PROPERTY MANAGEMENT & CLEANING SERVICES LTD | ||||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| UK corporation tax | 4,519 | 15,554 | ||||||
| VAT | 6,970 | 38,421 | ||||||
| PAYE control | 973 | 4,732 | ||||||
| Salaries and wages control | 13,460 | 30,216 | ||||||
| Directors current account | - | 5,977 | ||||||
| Bounce Back Loan < 1 year | 5,328 | 5,328 | ||||||
| Amounts due to connected companies | 128,255 | 128,255 | ||||||
| 159,505 | 228,483 | |||||||
| 7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Bounce Back Loan > 1 year | 777 | 5,874 | ||||||
| 777 | 5,874 | |||||||
| The bank loan was issued under the bounce back scheme in May 2020 with one year no repayment terms. Subsequently an interest rate of 2.5% with no early repayment charges. | ||||||||
| 8. PROVISIONS FOR LIABILITIES | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Pensions | 444 | - | ||||||
| Deferred taxation | 1,504 | 1,802 | ||||||
| 1,948 | 1,802 | |||||||
| 9. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 1 | 1 | |||||||
| 1 | 1 | |||||||
| 2 | 2 | |||||||