Peter's Property Limited
Peter's Property Limited
Registered number: 04668195
Unaudited Financial Statements
For The Year Ended
28 February 2022
Harris Accountancy Services Limited
83 Hagley Road
C/O Harris Accountancy Services Ltd
Birmingham
B16 8QG
Peter's Property Limited
Unaudited Financial Statements
For The Year Ended
28 February 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Page 1
Peter's Property Limited
Balance Sheet
As at
28 February 2022
Balance Sheet
Registered number:
04668195
For the year ending 28 February 2022 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 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.
| 2022 | 2021 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 6 |
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| NET LIABILITIES |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (30,510) | (31,450) | |||
Page 1
Page 2
Peter's Property Limited
Balance Sheet (continued)
As at
28 February 2022
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
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Director
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Peter's Property Limited
Notes to the Financial Statements
For The Year Ended
28 February 2022
Notes to the Financial Statements
1.
Accounting Policies
1.1.
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
1.2.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
1.3.
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:
| Freehold |
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| Fixtures & Fittings |
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| Computer Equipment |
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2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2021: NIL)
3.
Tangible Assets
| Land & Property | ||||
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| Freehold | Fixtures & Fittings | Computer Equipment | Total | |
| £ | £ | £ | £ | |
| Cost | ||||
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| Depreciation | ||||
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| Net Book Value | ||||
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Page 3
Page 4
Peter's Property Limited
Notes to the Financial Statements (continued)
For The Year Ended
28 February 2022
4.
Debtors
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Due after more than one year | |||
| Other debtors (Debtors > 1 year) - Neil Beagan |
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5.
Creditors: Amounts Falling Due Within One Year
| 2022 | 2021 | ||
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| £ | £ | ||
| Corporation tax |
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| Accruals and deferred income |
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6.
Creditors: Amounts Falling Due After More Than One Year
| 2022 | 2021 | ||
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| £ | £ | ||
| Other creditors - I & R Peter Loan |
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| Other creditors - Norwich & Peterborough |
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| Other creditors - Lancashire mortgage |
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| Other creditors - Homeless rooms |
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| Other creditors - SAP Birmingham |
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7.
Share Capital
| 2022 | 2021 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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Page 4
Page 5
Peter's Property Limited
Notes to the Financial Statements (continued)
For The Year Ended
28 February 2022
8.
Related Party Transactions
SAP BirminghamThe director owns 100% of SAP Birmingham
SAP Birmingham
The director owns 100% of SAP Birmingham
The balance for the above company of £15,757 (2021: £12,389) is included within creditors payable after more than 1 year.
9.
General Information
Peter's Property Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
04668195
. The registered office is 43 Salisbury Grove, Sutton Coldfield, West Midlands, B72 1YE.
Page 5