St Paul's Road (London N1) Limited 05709445 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is Hold the freehold and manage the property land and private road at St Pauls Road London N1 2LT Digita Accounts Production Advanced 6.30.9574.0 true true 05709445 2022-03-01 2023-02-28 05709445 2023-02-28 05709445 bus:OrdinaryShareClass1 2023-02-28 05709445 core:RetainedEarningsAccumulatedLosses 2023-02-28 05709445 core:ShareCapital 2023-02-28 05709445 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 05709445 core:LandBuildings 2023-02-28 05709445 bus:SmallEntities 2022-03-01 2023-02-28 05709445 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 05709445 bus:FullAccounts 2022-03-01 2023-02-28 05709445 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 05709445 bus:RegisteredOffice 2022-03-01 2023-02-28 05709445 bus:Director1 2022-03-01 2023-02-28 05709445 bus:Director2 2022-03-01 2023-02-28 05709445 bus:Director3 2022-03-01 2023-02-28 05709445 bus:Director4 2022-03-01 2023-02-28 05709445 bus:Director5 2022-03-01 2023-02-28 05709445 bus:Director6 2022-03-01 2023-02-28 05709445 bus:Director7 2022-03-01 2023-02-28 05709445 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 05709445 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 05709445 core:LandBuildings 2022-03-01 2023-02-28 05709445 countries:EnglandWales 2022-03-01 2023-02-28 05709445 2022-02-28 05709445 core:LandBuildings 2022-02-28 05709445 2021-03-01 2022-02-28 05709445 2022-02-28 05709445 bus:OrdinaryShareClass1 2022-02-28 05709445 core:RetainedEarningsAccumulatedLosses 2022-02-28 05709445 core:ShareCapital 2022-02-28 05709445 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 05709445 core:LandBuildings 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05709445

St Paul's Road (London N1) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2023

 

St Paul's Road (London N1) Limited

Contents
__________________________________________________________________________

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

St Paul's Road (London N1) Limited

Company Information
__________________________________________________________________________

Directors

Dr Jean Ormrod

Isabel Eva Claudia Obert

Harriet Mcilroy Smith

Laura Imrie

Ana Luiza Sadde Rodrigues

Evgeny Polishchuk

Joanna Brown

Registered office

342 Regents Park Road
Finchley
London
N3 2LJ


 

Accountants

Brooks Green
Accountants
Abbey House
342 Regents Park Road
London
N3 2LJ

 

St Paul's Road (London N1) Limited

(Registration number: 05709445)
Balance Sheet as at 28 February 2023
__________________________________________________________________________

Note

2023
£

2022
£

   

     

fixed assets

   

 

tangible assets

3

 

23,630

 

23,630

Current assets

   

 

Cash at bank and in hand

 

1,754

 

55

 

Creditors: Amounts falling due within one year

4

(25,262)

 

(23,563)

 

Net current liabilities

   

(23,508)

 

(23,508)

Net assets

   

122

 

122

capital and reserves

   

 

Called up share capital

35

 

35

 

Profit and loss account

87

 

87

 

Total equity

   

122

 

122

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 14 November 2023 and signed on its behalf by:
 

.........................................
Harriet Mcilroy Smith
Director

 

St Paul's Road (London N1) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023
__________________________________________________________________________

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold property

Not depreciated

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

St Paul's Road (London N1) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023
__________________________________________________________________________

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 March 2022

23,630

23,630

At 28 February 2023

23,630

23,630

Depreciation

Carrying amount

At 28 February 2023

23,630

23,630

At 28 February 2022

23,630

23,630

Included within the net book value of land and buildings above is £23,630 (2022 - £23,630) in respect of freehold land and buildings.
 

 

St Paul's Road (London N1) Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023
__________________________________________________________________________

4

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Directors current account

25,262

23,563

5

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £5 each

7

35

7

35