|
|
|
|
FINANCIAL STATEMENTS |
CONTENTS |
PAGES |
Statement of financial position |
1 to 2 |
Notes to the financial statements |
3 to 7 |
|
STATEMENT OF FINANCIAL POSITION |
2023 |
2022 |
|||
Note |
£ |
£ |
£ |
£ |
Investments |
5 |
|
|
||
Debtors |
6 |
|
|
||
Cash at bank and in hand |
|
|
|||
--------- |
---------- |
||||
|
|
||||
CREDITORS: amounts falling due within one year |
7 |
|
|
||
--------- |
---------- |
||||
NET CURRENT ASSETS |
|
|
|||
---------- |
---------- |
||||
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
|||
CREDITORS: amounts falling due after more than one year |
8 |
|
|
||
Taxation including deferred tax |
|
|
||
---------- |
---------- |
|||
NET ASSETS |
|
|
||
---------- |
---------- |
|||
Called up share capital |
11 |
|
|
||
Non distributable reserves |
|
|
|||
Profit and loss account |
|
|
|||
---------- |
---------- |
||||
SHAREHOLDERS FUNDS |
|
|
|||
---------- |
---------- |
||||
|
STATEMENT OF FINANCIAL POSITION (continued) |
|
Director |
|
NOTES TO THE FINANCIAL STATEMENTS |
Investment properties |
Listed investments |
Total |
|
£ |
£ |
£ |
|
Cost |
|||
At 12th May 2022 |
|
|
|
Revaluations |
– |
|
|
---------- |
------- |
---------- |
|
At 11th May 2023 |
|
|
|
---------- |
------- |
---------- |
|
Impairment |
|||
At 12th May 2022 and 11th May 2023 |
– |
|
|
---------- |
------- |
---------- |
|
Carrying amount |
|||
At 11th May 2023 |
|
|
|
---------- |
------- |
---------- |
|
At 11th May 2022 |
|
|
|
---------- |
------- |
---------- |
|
2023 |
2022 |
|
£ |
£ |
|
Rent in arrears |
|
|
Amounts held by managing agent |
17,440 |
9,049
|
Other debtors |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Other debtors |
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loan |
|
|
Accruals |
|
|
Corporation tax |
|
|
Director loan accounts |
|
|
Deposits owed to tenants |
1,876
|
199
|
Other creditors |
|
|
--------- |
--------- |
|
|
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Bank loan |
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Included in provisions |
|
|
--------- |
--------- |
|
2023 |
2022 |
|
£ |
£ |
|
Fair value adjustment of listed shares |
(
|
(
|
Fair value adjustment of investment properties |
|
|
--------- |
--------- |
|
55,667 |
55,589 |
|
--------- |
--------- |
|
Non distributable reserves |
|
£ |
|
Year ended 11th May 2023 |
|
(Decrease)/ increase in fair value of investments |
|
Deferred tax adjustment on fair value movement |
(78)
|
---- |
|
|
|
---- |
|
Year ended 11th May 2022 |
|
(Decrease)/ increase in fair value of investments |
(
|
Deferred tax adjustment on fair value movement |
28
|
---- |
|
(
|
|
---- |
|
2023 |
2022 |
|||
No. |
£ |
No. |
£ |
|
|
|
100 |
|
100 |
---- |
---- |
---- |
---- |
|
|
NOTES TO THE FINANCIAL STATEMENTS (continued) |