COMPANY REGISTRATION NUMBER:
04430064
|
Property Care (Complete Maintenance) Limited |
|
|
Filleted Unaudited Abridged Financial Statements |
|
|
Property Care (Complete Maintenance) Limited |
|
31 October 2025
Fixed assets
|
Tangible assets |
6 |
|
268,661 |
288,339 |
|
|
|
|
|
Current assets
|
Stocks |
9,250 |
|
9,250 |
|
Debtors |
355,868 |
|
375,077 |
|
Cash at bank and in hand |
88,603 |
|
145,755 |
|
--------- |
|
--------- |
|
453,721 |
|
530,082 |
|
|
|
|
|
Creditors: amounts falling due within one year |
400,927 |
|
450,358 |
|
--------- |
|
--------- |
|
Net current assets |
|
52,794 |
79,724 |
|
|
--------- |
--------- |
|
Total assets less current liabilities |
|
321,455 |
368,063 |
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
116,965 |
145,667 |
|
|
--------- |
--------- |
|
Net assets |
|
204,490 |
222,396 |
|
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
|
8 |
8 |
|
Profit and loss account |
|
204,482 |
222,388 |
|
|
--------- |
--------- |
|
Shareholders funds |
|
204,490 |
222,396 |
|
|
--------- |
--------- |
|
|
|
|
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the balance sheet for the year ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.
|
Property Care (Complete Maintenance) Limited |
|
|
Balance Sheet (continued) |
|
31 October 2025
These abridged financial statements were approved by the
board of directors
and authorised for issue on
28 July 2026
, and are signed on behalf of the board by:
|
Mr D Hare |
Mr N D Clinkard |
|
Director |
Director |
|
|
Company registration number:
04430064
|
Property Care (Complete Maintenance) Limited |
|
|
Notes to the Abridged Financial Statements |
|
Year ended 31 October 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Ground Floor, 2 Compton Way, Witney, Oxfordshire, OX28 3AB.
2.
Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.
Revenue recognition
The turnover shown in the profit and loss account represents amounts earned during the year, exclusive of Value Added Tax.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
|
Goodwill |
- |
10% straight line |
|
|
|
|
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Leasehold property improvements |
- |
33% straight line |
|
Plant & machinery |
- |
25% reducing balance |
|
Motor vehicles |
- |
25% reducing balance |
|
Equipment |
- |
25% reducing balance |
|
|
|
|
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Defined contribution plans
The company operates a defined contribution pension scheme for the directors and some employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
11
(2024:
10
).
5.
Intangible assets
|
£ |
|
Cost |
|
|
At 1 November 2024 and 31 October 2025 |
90,000 |
|
-------- |
|
Amortisation |
|
|
At 1 November 2024 and 31 October 2025 |
90,000 |
|
-------- |
|
Carrying amount |
|
|
At 31 October 2025 |
– |
|
-------- |
|
At 31 October 2024 |
– |
|
-------- |
|
|
6.
Tangible assets
|
£ |
|
Cost |
|
|
At 1 November 2024 |
741,432 |
|
Additions |
93,613 |
|
Disposals |
(
60,509) |
|
--------- |
|
At 31 October 2025 |
774,536 |
|
--------- |
|
Depreciation |
|
|
At 1 November 2024 |
453,093 |
|
Charge for the year |
66,007 |
|
Disposals |
(
13,225) |
|
--------- |
|
At 31 October 2025 |
505,875 |
|
--------- |
|
Carrying amount |
|
|
At 31 October 2025 |
268,661 |
|
--------- |
|
At 31 October 2024 |
288,339 |
|
--------- |
|
|
7.
Controlling party
The directors consider the immediate and ultimate parent company to be Property Care Holdings Ltd, a company registered in England and Wales.