for the Period Ended 31 December 2022
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2022
Principal activities of the company
Political and charitable donations
Directors
The directors shown below have held office during the whole of the period from
6 October 2021 to 31 December 2022
The directors shown below have held office during the period of
16 November 2021 to 31 December 2022
The directors shown below have held office during the period of
6 October 2021 to 16 November 2021
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
15 months to 31 December 2022 | ||
---|---|---|
| £ | |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Other operating income: | | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | | |
Profit(or loss) for the financial year: | |
As at
Notes | 15 months to 31 December 2022 | ||
---|---|---|---|
| £ | ||
Fixed assets | |||
Intangible assets: | 3 | | |
Investments: | 4 | | |
Total fixed assets: | | ||
Current assets | |||
Debtors: | 5 | | |
Total current assets: | | ||
Creditors: amounts falling due within one year: | 6 | ( | |
Net current assets (liabilities): | ( | ||
Total assets less current liabilities: | | ||
Total net assets (liabilities): | | ||
Capital and reserves | |||
Called up share capital: | | ||
Profit and loss account: | | ||
Total Shareholders' funds: | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2022
Basis of measurement and preparation
for the Period Ended 31 December 2022
15 months to 31 December 2022 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 31 December 2022
Goodwill | Other | Total | |
---|---|---|---|
Cost | £ | £ | £ |
Additions | | | |
Disposals | |||
Revaluations | |||
Transfers | |||
At 31 December 2022 | | | |
Amortisation | |||
Charge for year | |||
On disposals | |||
Other adjustments | |||
At 31 December 2022 | |||
Net book value | |||
At 31 December 2022 | | |
for the Period Ended 31 December 2022
Investment PropertyInvestment property, which is property held to earn rentals and/or for capital appreciation, is measured initially at cost, including transaction costs. Subsequent to initial recognition, investment property is measured at fair value. Gains or losses arising from changes in the fair value of investment property are included in profit or loss in the period in which they arise.Subsequent expenditure is included in the carrying amount of the property when it is probable that the future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. All other repair and maintenance costs are charged to the Statement of Comprehensive Income during the financial period in which they are incurred.An investment property is derecognised upon disposal or when the investment property is permanently withdrawn from use and no future economic benefits are expected from the disposal. Any gain or loss arising on derecognition of the property (calculated as the difference between the net disposal proceeds and the carrying amount of the asset) is included in profit or loss in the period in which the property is derecognised.Valuation ProcessThe valuation reports are produced half yearly by the external valuers and are based on information provided by the Company such as rent income currently payable, the next uplift due in that income, the likelihood of a continuation of that rental income and growth in relation to inflation. This information is derived from the Company’s financial and property management systems and is subject to the Company’s overall control environment. In addition, the valuation reports are based on assumptions and valuation models used by the external valuers.The assumptions are typically market related, such as yields and discount rates, and are based on their professional judgement and market observation. Each property is considered a separate asset class based on the unique nature, characteristics, and risks of the property.Civitas Social Healthcare Advisors Limited (the 'Advisor') verifies all major inputs to the external valuation reports, assess the individual property valuation changes from any prior valuation reports and hold discussions with the external valuers. When this process is complete, the valuation report is recommended to the Directors, who considers it as part of their overall responsibilities.
for the Period Ended 31 December 2022
15 months to 31 December 2022 | ||
---|---|---|
£ | ||
Other debtors | | |
Total | |
for the Period Ended 31 December 2022
15 months to 31 December 2022 | ||
---|---|---|
£ | ||
Taxation and social security | | |
Other creditors | | |
Total | |