RESIDE PROPERTIES LIMITED


Director	S Chaudhary


Registered Address	3rd Floor Bank House
	7 St John's Road
	Harrow
	HA1 2EE


Registered Number	07728001 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		667		741
			667		741
Current assets
Debtors	4	141,187		132,918
Cash at bank and on hand		22,096		13,955
		163,283		146,873
Creditors amounts falling due within one year	5	(18,363)		(16,021)
Net current assets (liabilities)			144,920		130,852
Total assets less current liabilities			145,587		131,593
Creditors amounts falling due after one year	6		(8,709)		(7,111)
Provisions for liabilities	7		(5,287)		(5,544)
Net assets			131,591		118,938
Capital and reserves
Called up share capital			1		1
Profit and loss account			131,590		118,937
Shareholders' funds			131,591		118,938

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 23 December 2025, and are signed on its behalf by:

S Chaudhary
Director
Registered Company No. 07728001

RESIDE PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	Reside Properties 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.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	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 policy
	Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable services rendered and it is probable that future economic benefits will flow to the entity

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc- 33.33% on reducing balance

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	2,994	2,994
Additions	529	529
Disposals	(270)	(270)
At 31 March 25	3,253	3,253
Depreciation and impairment
At 01 April 24	2,253	2,253
Charge for year	333	333
At 31 March 25	2,586	2,586
Net book value
At 31 March 25	667	667
At 31 March 24	741	741

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	140,998	132,918
Prepayments and accrued income	189	-
Total	141,187	132,918

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	4,793	2,451
Bank borrowings and overdrafts	13,570	13,570
Total	18,363	16,021

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	8,709	7,111
Total	8,709	7,111

7.	Provisions for liabilities

	2025	2024
	£	£
Other provisions	5,287	5,544
Total	5,287	5,544

8.	Controlling party
	The Company is controlled by the director by virtue of holding 100% of share capital.