UNDERDOWN INVESTMENTS LIMITED

Company Registration Number:
04944645 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

UNDERDOWN INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

UNDERDOWN INVESTMENTS LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 8,000,000 8,450,000
Investments:   0 0
Total fixed assets: 8,000,000 8,450,000
Current assets
Stocks: 0 0
Debtors: 4 5,333 193,375
Cash at bank and in hand: 257,242 601,150
Investments:   0 0
Total current assets: 262,575 794,525
Creditors: amounts falling due within one year: 5 (188,527) (211,914)
Net current assets (liabilities): 74,048 582,611
Total assets less current liabilities: 8,074,048 9,032,611
Creditors: amounts falling due after more than one year: 6 (9,477,785) (9,997,056)
Provision for liabilities: 0 0
Total net assets (liabilities): (1,403,737) (964,445)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (1,403,837) (964,545)
Shareholders funds: (1,403,737) (964,445)

The notes form part of these financial statements

UNDERDOWN INVESTMENTS LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 September 2023
and signed on behalf of the board by:

Name: Noreen O'Shea
Status: Director

The notes form part of these financial statements

UNDERDOWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

UNDERDOWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

UNDERDOWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 8,450,000
Additions 0
Disposals 0
Revaluations (450,000)
Transfers 0
At 31 December 2022 8,000,000
Depreciation
At 01 January 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2022 0
Net book value
At 31 December 2022 8,000,000
At 31 December 2021 8,450,000

UNDERDOWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

UNDERDOWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Trade and other creditors are initially recognised at transaction price and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

UNDERDOWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

Creditors falling due after one year are initially recognised at transaction price and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

UNDERDOWN INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Post balance sheet events

Since the balance sheet, the company sold the investment property in St. Neots.