Company Registration No. 14572987 (England and Wales)
1 Property Solutions Group Ltd
Unaudited accounts
for the year ended 31 January 2025
1 Property Solutions Group Ltd
Unaudited accounts
Contents
1 Property Solutions Group Ltd
Company Information
for the year ended 31 January 2025
Company Number
14572987 (England and Wales)
Registered Office
248 Godstone Road
Whyteleafe
CR3 0EF
England
1 Property Solutions Group Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
36,624
34,425
Cash at bank and in hand
299
5,176
Creditors: amounts falling due within one year
(4,424)
(38,247)
Net current liabilities
(17,359)
(29,679)
Total assets less current liabilities
19,265
4,746
Creditors: amounts falling due after more than one year
(24,992)
(3,127)
Net (liabilities)/assets
(5,727)
1,619
Called up share capital
2
2
Profit and loss account
(5,729)
1,617
Shareholders' funds
(5,727)
1,619
For the year ending 31 January 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 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 21 January 2025 and were signed on its behalf by
Jack Fuller
Director
Company Registration No. 14572987
1 Property Solutions Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Property Solutions Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 14572987. The registered office is 248 Godstone Road, Whyteleafe, CR3 0EF, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on SL Basis
Computer equipment
20% on SL Basis
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
33,825
600
34,425
Revaluations
(7,893)
-
(7,893)
At 31 January 2025
27,932
600
28,532
Charge for the year
(8,092)
-
(8,092)
At 31 January 2025
(8,092)
-
(8,092)
At 31 January 2025
36,024
600
36,624
At 31 January 2024
33,825
600
34,425
1 Property Solutions Group Ltd
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,424
38,249
Loans from directors
-
(2)
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
24,992
3,127
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).