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Company Registration No. 11802025 (England and Wales)
SW16 FLATS LTD Unaudited accounts for the year ended 28 February 2023
SW16 FLATS LTD Unaudited accounts Contents
Page
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SW16 FLATS LTD Company Information for the year ended 28 February 2023
Director
Sebastian Arkadiusz KISIELEWSKI
Company Number
11802025 (England and Wales)
Registered Office
13 NETTLEWOOD ROAD LONDON SW16 5DX UNITED KINGDOM
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SW16 FLATS LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
331,653 
Investment property
426,207 
426,207 
426,207 
757,860 
Current assets
Cash at bank and in hand
137,808 
79 
Creditors: amounts falling due within one year
- 
(1,419)
Net current assets/(liabilities)
137,808 
(1,340)
Total assets less current liabilities
564,015 
756,520 
Creditors: amounts falling due after more than one year
(579,972)
(748,910)
Net (liabilities)/assets
(15,957)
7,610 
Capital and reserves
Profit and loss account
(15,957)
7,610 
Shareholders' funds
(15,957)
7,610 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 November 2023 and were signed on its behalf by
Sebastian Arkadiusz KISIELEWSKI Director Company Registration No. 11802025
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SW16 FLATS LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
SW16 FLATS LTD is a private company, limited by shares, registered in England and Wales, registration number 11802025. The registered office is 13 NETTLEWOOD ROAD, LONDON, SW16 5DX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20%
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
331,653 
Disposals
(331,653)
At 28 February 2023
- 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
- 
At 28 February 2022
331,653 
5
Investment property
2023 
£ 
Fair value at 1 March 2022
426,207 
At 28 February 2023
426,207 
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SW16 FLATS LTD Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
1,419 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
329,166 
330,000 
Other creditors
40,000 
40,000 
Taxes and social security
105 
- 
Loans from directors
210,701 
378,910 
579,972 
748,910 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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