0 false false false false false false true false false true false false false false false false No description of principal activity 2021-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 02234325 2021-01-01 2021-12-31 02234325 2021-12-31 02234325 2020-12-31 02234325 bus:RegisteredOffice 2021-01-01 2021-12-31 02234325 bus:Director2 2021-01-01 2021-12-31 02234325 bus:Director4 2021-01-01 2021-12-31 02234325 bus:Director5 2021-01-01 2021-12-31 02234325 bus:Director6 2021-01-01 2021-12-31 02234325 core:ShareCapital 2021-12-31 02234325 core:ShareCapital 2020-12-31 02234325 core:RetainedEarningsAccumulatedLosses 2021-12-31 02234325 core:RetainedEarningsAccumulatedLosses 2020-12-31 02234325 bus:SmallEntities 2021-01-01 2021-12-31 02234325 bus:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 02234325 bus:FullAccounts 2021-01-01 2021-12-31 02234325 bus:SmallCompaniesRegimeForAccounts 2021-01-01 2021-12-31 02234325 bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31
COMPANY REGISTRATION NUMBER: 02234325
Speeds Properties Limited
Unaudited Financial Statements
For the year ended
31 December 2021
Speeds Properties Limited
Financial Statements
Year ended 31 December 2021
Contents
Page
Directors' report
1
Statement of financial position
3
Notes to the financial statements
4
Speeds Properties Limited
Directors' Report
Year ended 31 December 2021
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2021 .
The company has been dormant as defined in section 1169 of the Companies Act 2006 throughout the year and preceding financial year. It is anticipated that the company will remain dormant for the foreseeable future.
Directors
The directors who served the company during the year were as follows:
P E Speed
M Speed
T Haggas
K E Strawson
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 29 July 2022 and signed on behalf of the board by:
M Speed
Director
Registered office:
Hallfield Farm
Hallfieldgate Lane
Shirland
Alfreton
Derbyshire
DE55 6AA
Speeds Properties Limited
Statement of Financial Position
31 December 2021
2021
2020
Note
£
£
£
£
Current assets
Debtors
4
3,246
3,246
-------
-------
Net current assets
3,246
3,246
-------
-------
Total assets less current liabilities
3,246
3,246
-------
-------
Capital and reserves
Called up share capital
2
2
Profit and loss account
3,244
3,244
-------
-------
Shareholder funds
3,246
3,246
-------
-------
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 29 July 2022 , and are signed on behalf of the board by:
M Speed
Director
Company registration number: 02234325
Speeds Properties Limited
Notes to the Financial Statements
Year ended 31 December 2021
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallfield Farm, Hallfieldgate Lane, Shirland, Alfreton, Derbyshire, DE55 6AA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholder funds during the current year or prior year.
4. Debtors
2021
2020
£
£
Amounts owed by group undertakings
3,246
3,246
-------
-------
5. Controlling party
The company is controlled by Speeds Limited . In the opinion of the directors, the ultimate controlling parties are the directors of Speeds Limited.