Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31Property Investment & Dealings2021-01-01false4false4trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 01008791 2021-01-01 2021-12-31 01008791 2020-01-01 2020-12-31 01008791 2021-12-31 01008791 2020-12-31 01008791 c:Director1 2021-01-01 2021-12-31 01008791 d:CurrentFinancialInstruments 2021-12-31 01008791 d:CurrentFinancialInstruments 2020-12-31 01008791 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 01008791 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 01008791 d:ShareCapital 2021-12-31 01008791 d:ShareCapital 2020-12-31 01008791 d:RetainedEarningsAccumulatedLosses 2021-12-31 01008791 d:RetainedEarningsAccumulatedLosses 2020-12-31 01008791 c:FRS102 2021-01-01 2021-12-31 01008791 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 01008791 c:FullAccounts 2021-01-01 2021-12-31 01008791 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 01008791 2 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 01008791









ALBACOURT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021

 
ALBACOURT LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 4


 
ALBACOURT LIMITED
REGISTERED NUMBER: 01008791

BALANCE SHEET
AS AT 31 DECEMBER 2021

2021
2021
2020
2020
Note
£
£
£
£

  

Current assets
  

Stocks
 4 
871,296
871,296

Debtors: amounts falling due within one year
 5 
1,288
442

Cash at bank and in hand
 6 
437,014
429,777

  
1,309,598
1,301,515

Creditors: amounts falling due within one year
 7 
(34,975)
(41,467)

Net current assets
  
 
 
1,274,623
 
 
1,260,048

Total assets less current liabilities
  
1,274,623
1,260,048

  

Net assets
  
1,274,623
1,260,048


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,274,523
1,259,948

  
1,274,623
1,260,048


Page 1

 
ALBACOURT LIMITED
REGISTERED NUMBER: 01008791
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2021

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 June 2022.




D G Mattey
Director

Page 2

 
ALBACOURT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1.


General information

Albacourt Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 01008791. The address of the registered office is Lawrence House, Goodwyn Avenue, Mill Hill, London, NW7 3RH. The principal activity of the company is that of buying and selling own real estate.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

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

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue represents the total value of property income.

 
2.3

Stocks

Freehold properties are stated at the lower of cost and net realisable value. Cost includes all ancillary expenses of purchases. Sums received for lease period extensions are deducted from original cost where the company owns the relevant freefold reversions.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
ALBACOURT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2020 - 4).


4.


Stocks

2021
2020
£
£

Properties for resale
871,296
871,296

871,296
871,296



5.


Debtors

2021
2020
£
£


Other debtors
1,288
442

1,288
442



6.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
437,014
429,777

437,014
429,777



7.


Creditors: Amounts falling due within one year

2021
2020
£
£

Corporation tax
31,567
25,710

Other creditors
-
12,349

Accruals and deferred income
3,408
3,408

34,975
41,467


 
Page 4