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REGISTERED NUMBER: 10184877 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

SUMMER ROW WOLVERHAMPTON LTD

SUMMER ROW WOLVERHAMPTON LTD (REGISTERED NUMBER: 10184877)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SUMMER ROW WOLVERHAMPTON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: D S Chawla
B Anand





REGISTERED OFFICE: Chawlson House 191-193
Commercial Road
London
E1 2BT





REGISTERED NUMBER: 10184877 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

SUMMER ROW WOLVERHAMPTON LTD (REGISTERED NUMBER: 10184877)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,500,862 1,500,862

CURRENT ASSETS
Debtors 5 786 266
Cash at bank and in hand 188,194 102,902
188,980 103,168
CREDITORS
Amounts falling due within one year 6 46,044 28,015
NET CURRENT ASSETS 142,936 75,153
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,643,798

1,576,015

CREDITORS
Amounts falling due after more than one
year

7

1,200,000

1,200,000
NET ASSETS 443,798 376,015

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 443,698 375,915
SHAREHOLDERS' FUNDS 443,798 376,015

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

SUMMER ROW WOLVERHAMPTON LTD (REGISTERED NUMBER: 10184877)

BALANCE SHEET - continued
31 AUGUST 2023


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

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 23 October 2023 and were signed on its behalf by:





B Anand - Director


SUMMER ROW WOLVERHAMPTON LTD (REGISTERED NUMBER: 10184877)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

SUMMER ROW WOLVERHAMPTON LTD 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 1,500,862
NET BOOK VALUE
At 31 August 2023 1,500,862
At 31 August 2022 1,500,862

SUMMER ROW WOLVERHAMPTON LTD (REGISTERED NUMBER: 10184877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 786 -
Other debtors - 266
786 266

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 10
Tax 32,924 15,658
VAT 4,478 4,255
Other creditors 10 319
Accruals and deferred income 6,832 6,473
Accrued expenses 1,800 1,300
46,044 28,015

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,200,000 1,200,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 September 2022 375,915
Profit for the year 67,783
At 31 August 2023 443,698