1 March 2022 false No description of principal activity Taxfiler 2023.9 13198587business:PrivateLimitedCompanyLtd2022-03-012023-02-28 131985872022-02-28 131985872022-03-012023-02-28 13198587business:AuditExemptWithAccountantsReport2022-03-012023-02-28 13198587business:FilletedAccounts2022-03-012023-02-28 131985872023-02-28 13198587business:Director12022-03-012023-02-28 13198587business:Director22022-03-012023-02-28 13198587business:RegisteredOffice2022-03-012023-02-28 131985872022-02-28 13198587core:WithinOneYear2023-02-28 13198587core:WithinOneYear2022-02-28 13198587core:AfterOneYear2023-02-28 13198587core:AfterOneYear2022-02-28 13198587core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13198587core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 13198587core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13198587core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 13198587core:PreviouslyStatedAmount2023-02-28 13198587core:PreviouslyStatedAmount2022-02-28 13198587business:SmallEntities2022-03-012023-02-28 13198587countries:EnglandWales2022-03-012023-02-28 131985872021-02-122022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13198587 (England and Wales)
ALBACASA LTD Unaudited accounts for the year ended 28 February 2023
ALBACASA LTD Unaudited accounts Contents
Page
- 2 -
ALBACASA LTD Company Information for the year ended 28 February 2023
Directors
Jane Stubbs Mark Stubbs
Company Number
13198587 (England and Wales)
Registered Office
143 Tuddenham Road IPSWICH IP4 2TE ENGLAND
Accountants
ST Accountancy Services Ltd 6 The Square Martlesham Heath Suffolk IP5 3SL
- 3 -
ALBACASA LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
280,060 
280,060 
Current assets
Cash at bank and in hand
638 
4,829 
Creditors: amounts falling due within one year
(145,673)
(118,892)
Net current liabilities
(145,035)
(114,063)
Total assets less current liabilities
135,025 
165,997 
Creditors: amounts falling due after more than one year
(185,750)
(185,750)
Net liabilities
(50,725)
(19,753)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(50,727)
(19,755)
Shareholders' funds
(50,725)
(19,753)
For the year ending 28 February 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by
Mark Stubbs Director Company Registration No. 13198587
- 4 -
ALBACASA LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ALBACASA LTD is a private company, limited by shares, registered in England and Wales, registration number 13198587. The registered office is 143 Tuddenham Road, IPSWICH, IP4 2TE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Fair value at 1 March 2022
280,060 
At 28 February 2023
280,060 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
145,673 
118,892 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
185,750 
185,750 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 5 -