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
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
SW16 FLATS LTD
Statement of financial position
as at 28 February 2023
Investment property
426,207
426,207
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
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
SW16 FLATS LTD
Notes to the Accounts
for the year ended 28 February 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
At 28 February 2022
331,653
Fair value at 1 March 2022
426,207
At 28 February 2023
426,207
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
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).