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Director's Report |
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Director |
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Registered office: |
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Statement of Income and Retained Earnings |
2022 |
2021 |
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Note |
£ |
£ |
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Rents receivable |
4 |
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Property outgoings |
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-------- |
-------- |
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Gross profit |
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Administrative expenses |
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-------- |
-------- |
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Operating profit |
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Interest payable and similar expenses |
5 |
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-------- |
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Loss before taxation |
(
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(
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Tax on loss |
– |
– |
---- |
-------- |
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Loss for the financial year and total comprehensive income |
(
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(
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-------- |
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
Tangible assets |
6 |
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Debtors |
7 |
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Cash at bank and in hand |
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-------- |
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Creditors: amounts falling due within one year |
8 |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
9 |
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Net liabilities |
(
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(
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Called up share capital |
10 |
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Profit and loss account |
(
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(
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------- |
---- |
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Shareholders deficit |
(
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(
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------- |
---- |
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Director |
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Statement of Cash Flows |
2022 |
2021 |
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£ |
£ |
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Loss for the financial year |
(
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(
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Adjustments for: |
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Interest payable and similar expenses |
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Accrued expenses |
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Changes in: |
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Trade and other debtors |
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(
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-------- |
--------- |
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Cash generated from operations |
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Interest paid |
(
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(
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Tax paid |
(
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(
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-------- |
--------- |
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Net cash from operating activities |
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-------- |
--------- |
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Proceeds from borrowings |
(
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(
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-------- |
--------- |
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Net cash used in financing activities |
(
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(
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-------- |
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Net increase in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
23,524 |
20,548 |
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Cash and cash equivalents at end of year |
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Notes to the Financial Statements |
2022 |
2021 |
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£ |
£ |
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Rents receivable |
65,472 |
81,804 |
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2022 |
2021 |
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£ |
£ |
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Interest on banks loans and overdrafts |
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-------- |
-------- |
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Freehold property |
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£ |
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Cost |
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At 1 December 2021 and 30 November 2022 |
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Depreciation |
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At 1 December 2021 and 30 November 2022 |
– |
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Carrying amount |
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At 30 November 2022 |
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At 30 November 2021 |
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2022 |
2021 |
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£ |
£ |
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Other debtors |
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---- |
------- |
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2022 |
2021 |
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£ |
£ |
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Accruals and deferred income |
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Corporation tax |
– |
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--------- |
--------- |
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--------- |
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2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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2022 |
2021 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
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At 1 Dec 2021 |
Cash flows |
At 30 Nov 2022 |
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£ |
£ |
£ |
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Cash at bank and in hand |
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21,713 |
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Debt due after one year |
(1,514,405) |
187 |
(1,514,218) |
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(
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(
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