Preeya Property Lettings Agency Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04798989

Preeya Property Lettings Agency Ltd

Unaudited Financial Statements For The Year Ended 30 June 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs Jayna Davies

REGISTERED OFFICE:

Building 15

Gateway 1000

Arlington Business Park

Stevenage

Hertfordshire

SG1 2FP

REGISTERED NUMBER:

04798989

FIXED ASSETS

Tangible assets

-

2,500

Investments

-

12,000

-

14,500

CURRENT ASSETS

Debtors

-

1,651

Cash at bank

39,843

7,923

39,843

9,574

CREDITORS

Amounts falling due within one year

(40,106

)

(2,423

)

NET CURRENT (LIABILITIES)/ASSETS

(263

)

7,151

TOTAL ASSETS LESS CURRENT

LIABILITIES

(263

)

21,651

CREDITORS

Amounts falling due after more than one

year

-

(21,478

)

NET (LIABILITIES)/ASSETS

(263

)

173

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

(265

)

171

(263

)

173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 28 March 2018 and were signed by:

Mrs Jayna Davies - Director

1.	STATUTORY INFORMATION

Preeya Property Lettings Agency Ltd is a private company, limited by shares , registered in Not specified/Other.

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

The financial statements are prepared under historical cost convention and in accordance with FRS102.

The financial statements have been prepared on the going concern basis. The director believes that this is

applicable as the company is able to meet all of its day to day working capital requirements using a loan from the

director. The director has confirmed that they will not seek repayment of this loan until the company has returned

to profitability.

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.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Preeya Property Lettings Agency Ltd - Accounts to registrar (filleted) - small 17.3

Preeya Property Lettings Agency Ltd - Accounts to registrar (filleted) - small 17.3