Property Management & Technical Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 05774147 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Property Management And Technical

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R D Gregory

SECRETARY:

Mrs P Gregory

REGISTERED OFFICE:

34 Rathmore Road

Oxton

Birkenhead

Merseyside

CH43 2HF

REGISTERED NUMBER:

05774147 (England and Wales)

ACCOUNTANTS:

Haines Watts

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

4

998

21

CURRENT ASSETS

Debtors

5

64,378

71,254

Cash at bank

29,259

17,080

93,637

88,334

CREDITORS

Amounts falling due within one year

6

4,728

7,774

NET CURRENT ASSETS

88,909

80,560

TOTAL ASSETS LESS CURRENT LIABILITIES

89,907

80,581

CAPITAL AND RESERVES

Called up share capital

7

9

9

Retained earnings

89,898

80,572

SHAREHOLDERS' FUNDS

8

89,907

80,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2023 and were signed by:

R D Gregory - Director

1.	STATUTORY INFORMATION

Property Management And Technical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2022

2,051

Additions

1,496

Disposals

(2,051

)

At 31 March 2023

1,496

DEPRECIATION

At 1 April 2022

2,030

Charge for year

498

Eliminated on disposal

(2,030

)

At 31 March 2023

498

NET BOOK VALUE

At 31 March 2023

998

At 31 March 2022

21

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Trade debtors

63,784

70,660

Other debtors

594

594

64,378

71,254

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.23

31.3.22

£

£

Taxation and social security

3,661

1,807

Other creditors

1,067

5,967

4,728

7,774

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

9

Ordinary

1

9

9

8.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

31.3.23

31.3.22

£

£

Profit for the financial year

9,326

7,319

Net addition to shareholders' funds

9,326

7,319

Opening shareholders' funds

80,581

73,262

Closing shareholders' funds

89,907

80,581