Registered number
05050861
Lytton House & Waldon Court Ltd
Filleted Accounts
28 February 2023
Lytton House & Waldon Court Ltd
Registered number: 05050861
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 42,185 42,185
Current assets
Debtors 4 587 1,024
Cash at bank and in hand 22,751 24,939
23,338 25,963
Creditors: amounts falling due within one year 5 (4,165) (4,270)
Net current assets 19,173 21,693
Total assets less current liabilities 61,358 63,878
Creditors: amounts falling due after more than one year 6 (49,700) (49,700)
Net assets 11,658 14,178
Capital and reserves
Called up share capital 45 45
Profit and loss account 11,613 14,133
Shareholders' funds 11,658 14,178
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A J Jackson
Director
Approved by the board on 15 November 2023
Lytton House & Waldon Court Ltd
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
The Company holds the reversionary interest in the freehold title of Lytton House and Waldon
Court, St Lukes Road South, Torquay, Devon, TQ2 5PA.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
The Company is a non-trading flat management company. No liability to Corporation Tax arises on the income for the year.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 March 2022 42,185
At 28 February 2023 42,185
Depreciation
At 28 February 2023 -
Net book value
At 28 February 2023 42,185
At 28 February 2022 42,185
4 Debtors 2023 2022
£ £
Monies due from service charge fund 587 1,024
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 360 360
Other creditors 3,805 3,910
4,165 4,270
6 Creditors: amounts falling due after one year 2023 2022
£ £
Shareholder loans 43,450 43,450
Other loans 6,250 6,250
49,700 49,700
7 Other information
Lytton House & Waldon Court Ltd is a private company limited by shares and incorporated in England. Its registered office is:
135 Redenhill Road
Torquay
Devon
TQ1 3NT
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