1 June 2024 false No description of principal activity Taxfiler 2024.6 11981520business:PrivateLimitedCompanyLtd2024-06-012025-05-31 119815202024-05-31 119815202024-06-012025-05-31 11981520business:AuditExempt-NoAccountantsReport2024-06-012025-05-31 11981520business:FilletedAccounts2024-06-012025-05-31 119815202025-05-31 11981520business:Director12024-06-012025-05-31 11981520business:RegisteredOffice2024-06-012025-05-31 119815202024-05-31 11981520core:WithinOneYear2025-05-31 11981520core:WithinOneYear2024-05-31 11981520core:AfterOneYear2025-05-31 11981520core:AfterOneYear2024-05-31 11981520core:ShareCapitalcore:PreviouslyStatedAmount2025-05-31 11981520core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 11981520core:RevaluationReservecore:PreviouslyStatedAmount2025-05-31 11981520core:RevaluationReservecore:PreviouslyStatedAmount2024-05-31 11981520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-05-31 11981520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 11981520core:PreviouslyStatedAmount2025-05-31 11981520core:PreviouslyStatedAmount2024-05-31 11981520business:SmallEntities2024-06-012025-05-31 11981520countries:EnglandWales2024-06-012025-05-31 11981520core:FurnitureFittings2024-06-012025-05-31 11981520core:FurnitureFittings2024-05-31 11981520core:FurnitureFittings2025-05-31 119815202023-06-012024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 11981520 (England and Wales)
Properties with Heart - Liverpool Ltd Unaudited accounts for the year ended 31 May 2025
Properties with Heart - Liverpool Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Properties with Heart - Liverpool Ltd Company Information for the year ended 31 May 2025
Director
Claudine Robertson-Smith
Company Number
11981520 (England and Wales)
Registered Office
1 Duffield Road Derby Derbyshire DE1 3BB England
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Properties with Heart - Liverpool Ltd Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,359 
3,145 
Investment property
5
495,000 
495,000 
497,359 
498,145 
Current assets
Debtors
6
71,100 
80,975 
Cash at bank and in hand
3,242 
5,328 
74,342 
86,303 
Creditors: amounts falling due within one year
7
(780)
(1,461)
Net current assets
73,562 
84,842 
Total assets less current liabilities
570,921 
582,987 
Creditors: amounts falling due after more than one year
8
(452,471)
(459,377)
Net assets
118,450 
123,610 
Capital and reserves
Called up share capital
900 
900 
Revaluation reserve
141,061 
141,061 
Profit and loss account
(23,511)
(18,351)
Shareholders' funds
118,450 
123,610 
For the year ending 31 May 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 28 May 2026 and were signed on its behalf by
Claudine Robertson-Smith Director Company Registration No. 11981520
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Properties with Heart - Liverpool Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Properties with Heart - Liverpool Ltd is a private company, limited by shares, registered in England and Wales, registration number 11981520. The registered office is 1 Duffield Road, Derby, Derbyshire, DE1 3BB, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2024
4,194 
At 31 May 2025
4,194 
Depreciation
At 1 June 2024
1,049 
Charge for the year
786 
At 31 May 2025
1,835 
Net book value
At 31 May 2025
2,359 
At 31 May 2024
3,145 
5
Investment property
2025 
£ 
Fair value at 1 June 2024
495,000 
At 31 May 2025
495,000 
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Properties with Heart - Liverpool Ltd Notes to the Accounts for the year ended 31 May 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due after more than one year
Other debtors
71,100 
80,975 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Accruals
780 
1,461 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
39,225 
46,131 
Other creditors
413,246 
413,246 
452,471 
459,377 
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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