Charlotte Place Nominee 1 Limited
Notes to the Financial Statements
For the Year Ended 31 March 2023
The Company is a private company limited by share capital incorporated in England and Wales. The registration number of the Company is 12231261. The registered office address is Warnford Court, 29 Throgmorton Street, London, EC2N 2AT.
The presentational currency is £ sterling. The figures in the financial statements have been rounded to the nearest £1.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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The average monthly number of employees, including directors, during the year was 1 (2022 - 1).
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Authorised, allotted, called up and fully paid
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1 (2022 - 1) Ordinary share of £1.00
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6.Other financial commitments
During the year ended 31 March 2020, the Company entered into a debenture which includes fixed charges against leasehold property owned and operated by Charlotte Place LP, in favour of National Westminster Bank Plc. The security relates to bank loans drawn by Charlotte Place LP. The total exposure under this arrangement at the year end is in the sum of £7,100,000.
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