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Registered number: 10462420
A1Place4U Limited
Unaudited Financial Statements
For the Period 1 December 2023 to 31 March 2025
Praddy Financial Consultancy Ltd
Chartered Management Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10462420
31 March 2025 30 November 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,721 2,325
Investment Properties 5 1,894,105 1,347,222
1,901,826 1,349,547
CURRENT ASSETS
Debtors 6 4,902 1,026
Cash at bank and in hand - 2,369
4,902 3,395
Creditors: Amounts Falling Due Within One Year 7 (87,025 ) (29,753 )
NET CURRENT ASSETS (LIABILITIES) (82,123 ) (26,358 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,819,703 1,323,189
Creditors: Amounts Falling Due After More Than One Year 8 (1,764,585 ) (1,250,168 )
NET ASSETS 55,118 73,021
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 55,019 72,921
SHAREHOLDERS' FUNDS 55,119 73,021
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Dr Tamara Smyrnova
Director
31/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
A1Place4U Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10462420 . The registered office is 81 Profitt Avenue, coventry, CV6 7ER.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Straightline
Motor Vehicles 25% Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2023: 1)
- 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 December 2023 2,422 900 3,322
Additions 10,301 - 10,301
As at 31 March 2025 12,723 900 13,623
Depreciation
As at 1 December 2023 772 225 997
Provided during the period 4,560 345 4,905
As at 31 March 2025 5,332 570 5,902
Net Book Value
As at 31 March 2025 7,391 330 7,721
As at 1 December 2023 1,650 675 2,325
5. Investment Property
31 March 2025
£
Fair Value
As at 1 December 2023 1,347,222
Additions 546,883
As at 31 March 2025 1,894,105
6. Debtors
31 March 2025 30 November 2023
£ £
Due within one year
Other debtors 4,902 1,026
7. Creditors: Amounts Falling Due Within One Year
31 March 2025 30 November 2023
£ £
Trade creditors 8,896 3,767
Bank loans and overdrafts 1,650 -
Corporation tax 4,280 18,698
Accruals and deferred income - 3,943
Director's loan account 72,199 3,345
87,025 29,753
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 30 November 2023
£ £
Bank loans 1,554,671 1,171,046
Loan - A1home4u (Long term liabilities - creditors > 1 year) 196,221 60,960
Loan - Owais MKA (Long term liabilities - creditors > 1 year) 10,920 10,920
Bounce Back Loan 2,773 7,242
1,764,585 1,250,168
9. Share Capital
31 March 2025 30 November 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5