REGISTERED NUMBER: 05475974 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Property Developments Plus Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Spurgeon

SECRETARY:

S Spurgeon

REGISTERED OFFICE:

Harmile House

54 St Marys Lane

Upminster

Essex

RM14 2QP

REGISTERED NUMBER:

05475974 (England and Wales)

FIXED ASSETS

Tangible assets

4

23,304

33,583

CURRENT ASSETS

Debtors

5

3,115

2,141

Cash at bank

96,847

81,167

99,962

83,308

CREDITORS

Amounts falling due within one year

6

35,445

28,017

NET CURRENT ASSETS

64,517

55,291

TOTAL ASSETS LESS CURRENT LIABILITIES

87,821

88,874

CREDITORS

Amounts falling due after more than one year

7

(9,583

)

(14,583

)

PROVISIONS FOR LIABILITIES

-

(553

)

NET ASSETS

78,238

73,738

CAPITAL AND RESERVES

Called up share capital

8

4

4

Retained earnings

78,234

73,734

SHAREHOLDERS' FUNDS

78,238

73,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 September 2025 and were signed by:

B Spurgeon - Director

1.	STATUTORY INFORMATION

Property Developments Plus 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on reducing balance

Fixtures and fittings - 25% on reducing balance

Motor Vehicles - 25% on reducing balance

Computer equipment - 50% on reducing balance and 33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

91,378

Additions

999

Disposals

(9,000

)

At 31 March 2025

83,377

DEPRECIATION

At 1 April 2024

57,795

Charge for year

8,008

Eliminated on disposal

(5,730

)

At 31 March 2025

60,073

NET BOOK VALUE

At 31 March 2025

23,304

At 31 March 2024

33,583

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

3,115

2,141

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

21,487

24,194

Other creditors

13,958

3,823

35,445

28,017

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

9,583

14,583

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

4

Share capital 1

£1

4

4