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REGISTERED NUMBER: 11686690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2023

for

Strathearn Properties Limited

Strathearn Properties Limited (Registered number: 11686690)






Contents of the Financial Statements
for the year ended 31st March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Strathearn Properties Limited

Company Information
for the year ended 31st March 2023







DIRECTORS: G J A Jessiman
Mrs E M Drut





REGISTERED OFFICE: 43 Worple Road
Wimbledon
London
SW19 4JZ





REGISTERED NUMBER: 11686690 (England and Wales)





ACCOUNTANTS: Butters & Company
Chartered Accountants
129 High Street
Teddington
Middlesex
TW11 8HJ

Strathearn Properties Limited (Registered number: 11686690)

Abridged Balance Sheet
31st March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,200,850 1,226,955

CURRENT ASSETS
Debtors 5,100 -
Cash at bank 34,799 16,546
39,899 16,546
CREDITORS
Amounts falling due within one year 561,621 540,250
NET CURRENT LIABILITIES (521,722 ) (523,704 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

679,128

703,251

CREDITORS
Amounts falling due after more than one
year

5

810,155

809,629
NET LIABILITIES (131,027 ) (106,378 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (131,127 ) (106,478 )
(131,027 ) (106,378 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Strathearn Properties Limited (Registered number: 11686690)

Abridged Balance Sheet - continued
31st March 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th September 2023 and were signed on its behalf by:





G J A Jessiman - Director


Strathearn Properties Limited (Registered number: 11686690)

Notes to the Financial Statements
for the year ended 31st March 2023

1. STATUTORY INFORMATION

Strathearn Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rents received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2022
and 31st March 2023 1,305,270
DEPRECIATION
At 1st April 2022 78,315
Charge for year 26,105
At 31st March 2023 104,420
NET BOOK VALUE
At 31st March 2023 1,200,850
At 31st March 2022 1,226,955

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2023 2022
£    £   
Repayable by instalments
Bank loans - more than 5 years 682,583 682,057

Strathearn Properties Limited (Registered number: 11686690)

Notes to the Financial Statements - continued
for the year ended 31st March 2023

6. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 842,048 841,522

The bank loan is secured by a first legal charge on the company's freehold property.

7. RELATED PARTY DISCLOSURES

Mr G J Jessiman and Mrs E M Drut, directors , hold all of the issued share capital of the Company. They also have substantial shareholding interests in EDNS Group Limited ( parent company of Eveline Day Nursery Schools Limited ).

Included in Creditors ( Note 7 ) £ 516,557.

8. ULTIMATE CONTROLLING PARTY

Ultimate controlling party is Mr G J Jessiman and Mrs E M Drut.