PRACSERVE PROPERTIES LIMITED

PRACSERVE PROPERTIES LIMITED

PRACSERVE PROPERTIES LIMITED - Company Information

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PRACSERVE PROPERTIES LIMITED

Company Registration Number:
10020861 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

PRACSERVE PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

PRACSERVE PROPERTIES LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 227,000 200,000
Total fixed assets: 227,000 200,000
Current assets
Debtors:     200
Cash at bank and in hand: 594 2,656
Total current assets: 594 2,856
Creditors: amounts falling due within one year: 4 (236,087) (239,017)
Net current assets (liabilities): (235,493) (236,161)
Total assets less current liabilities: (8,493) (36,161)
Total net assets (liabilities): (8,493) (36,161)
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:540,53813,538
Profit and loss account: (49,131) (49,799)
Shareholders funds: (8,493) (36,161)

The notes form part of these financial statements

PRACSERVE PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 27 July 2021
and signed on behalf of the board by:

Name: Utpal Ray
Status: Director

The notes form part of these financial statements

PRACSERVE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PRACSERVE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 0 0

PRACSERVE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Tangible Assets

Total
Cost £
At 01 April 2020 200,000
Revaluations 27,000
At 31 March 2021 227,000
Net book value
At 31 March 2021 227,000
At 31 March 2020 200,000

PRACSERVE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Creditors: amounts falling due within one year note

2021 2020 £ £Bank loans and overdrafts 144,875 144,875Other creditors 91,212 94,142 236,087 239,017

PRACSERVE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

5. Revaluation reserve

2021
£
Balance at 01 April 2020 13,538
Surplus or deficit after revaluation 27,000
Balance at 31 March 2021 40,538