Company Registration No. 10766975 (England and Wales)
4 Southampton Road Freehold Limited
Unaudited accounts
for the year ended 31 May 2023
4 Southampton Road Freehold Limited
Unaudited accounts
Contents
4 Southampton Road Freehold Limited
Company Information
for the year ended 31 May 2023
Directors
Caroline Leaf
Alexander Martin
Company Number
10766975 (England and Wales)
Registered Office
387 Chartridge Lane
Chesham
Bucks
HP5 2PX
United Kingdom
Accountants
John Phillips
387 Chartridge Lane
Chesham
Bucks
HP5 2SL
4 Southampton Road Freehold Limited
Statement of financial position
as at 31 May 2023
Tangible assets
121,690
121,690
Cash at bank and in hand
975
467
Creditors: amounts falling due within one year
(122,663)
(122,155)
Net current liabilities
(121,688)
(121,688)
Called up share capital
2
2
For the year ending 31 May 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
Caroline Leaf
Director
Company Registration No. 10766975
4 Southampton Road Freehold Limited
Notes to the Accounts
for the year ended 31 May 2023
4 Southampton Road Freehold Limited is a private company, limited by shares, registered in England and Wales, registration number 10766975. The registered office is 387 Chartridge Lane, Chesham, Bucks, HP5 2PX, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Freehold of 4 Southampton Road 0%
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
121,690
121,905
4 Southampton Road Freehold Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Transactions with related parties
As at the balance sheet date the company owed its directors Caroline Leaf and Alexander Martin £52,065 (2022 £52,220) and £69,625 respectively. These loans were used to purchase the freehold of 4 Southampton Road and have been made on an interest free basis. Alexander Martin's loan was assigned from Juliette Hughes in March 2023.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).