REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2023 |
for |
26 Denmark Villas Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2023 |
for |
26 Denmark Villas Limited |
26 Denmark Villas Limited (Registered number: 08874362) |
Contents of the Financial Statements |
for the Year Ended 31 March 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
26 Denmark Villas Limited (Registered number: 08874362) |
Balance Sheet |
31 March 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors: amounts falling due within one year |
6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 7 |
Retained earnings |
Shareholders' funds |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
26 Denmark Villas Limited (Registered number: 08874362) |
Balance Sheet - continued |
31 March 2023 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
26 Denmark Villas Limited (Registered number: 08874362) |
Notes to the Financial Statements |
for the Year Ended 31 March 2023 |
1. | Statutory information |
26 Denmark Villas Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
Turnover |
Turnover represents the fair value of maintenance contributions receivable during the year. |
Tangible fixed assets |
Tangible fixed assets are stated at cost. |
Freehold property amounting to £28,147 (2022 £28,147) has not been depreciated. This is a departure from the requirements of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. In the opinion of the directors, the property's current value is of more significance than any measure of consumption and to depreciate it would not give a true and fair view. If this departure had not been made, the profit for the year would have been reduced by depreciation. However, the amount of depreciation cannot be reasonably quantified and the amount which might have otherwise been shown cannot be identified and quantified. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
26 Denmark Villas Limited (Registered number: 08874362) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2023 |
4. | Tangible fixed assets |
Freehold |
property |
£ |
Cost |
At 1 April 2022 |
and 31 March 2023 |
Net book value |
At 31 March 2023 |
At 31 March 2022 |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade debtors |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other creditors |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary shares | £1 | 5 | 5 |
8. | Related party disclosures |
Creditors includes a balance of £29,172 (2022: £29,172) owed to the shareholders. |