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

REGISTERED NUMBER: 06902798 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ARUN PROPERTY MANAGEMENT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs D K Mann

SECRETARY:

G S Mann

REGISTERED OFFICE:

15 Station Approach

Virginia Water

Surrey

GU25 4DW

REGISTERED NUMBER:

06902798 (England and Wales)

ACCOUNTANTS:

Param & Company Ltd

1st Floor

44 - 50 The Broadway

Southall

Middlesex

UB1 1QB

FIXED ASSETS

Tangible assets

4

56,258

56,545

CURRENT ASSETS

Debtors

575,532

544,511

Cash at bank

86,061

216,653

661,593

761,164

CREDITORS

Amounts falling due within one year

318,403

305,643

NET CURRENT ASSETS

343,190

455,521

TOTAL ASSETS LESS CURRENT LIABILITIES

399,448

512,066

CREDITORS

Amounts falling due after more than one year

33,411

42,890

NET ASSETS

366,037

469,176

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

365,937

469,076

366,037

469,176

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 her 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 12 December 2023 and were signed by:

Mrs D K Mann - Director

1.	STATUTORY INFORMATION

Arun Property Management 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.

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

-

20% on cost

Fixtures and fittings

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2022

69,951

Additions

449

At 31 March 2023

70,400

DEPRECIATION

At 1 April 2022

13,406

Charge for year

736

At 31 March 2023

14,142

NET BOOK VALUE

At 31 March 2023

56,258

At 31 March 2022

56,545

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £215,382 (2022 - £214,116) were paid to the director .