REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 September 2023 |
for |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 30 September 2023 |
for |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED (REGISTERED NUMBER: 00730621) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED |
Company Information |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
105a Caversham Avenue |
London |
N13 4LL |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED (REGISTERED NUMBER: 00730621) |
Balance Sheet |
30 SEPTEMBER 2023 |
30.9.23 | 30.9.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
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. |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED (REGISTERED NUMBER: 00730621) |
Balance Sheet - continued |
30 SEPTEMBER 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED (REGISTERED NUMBER: 00730621) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
1. | STATUTORY INFORMATION |
Camden Passage Development Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents rent and rates receivable. |
Tangible fixed assets |
Freehold property | - |
Fixtures and fittings | - |
Computer equipment | - |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
CAMDEN PASSAGE DEVELOPMENT COMPANY |
LIMITED (REGISTERED NUMBER: 00730621) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 30 SEPTEMBER 2023 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Freehold | and | Computer |
property | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 October 2022 |
and 30 September 2023 |
DEPRECIATION |
At 1 October 2022 |
Charge for year |
At 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 30 September 2022 |
Freehold Properties are included in the accounts at cost less depreciation. Currell Commercial, Estate Agents and Valuers of 309 Upper Street London N1 2TU provided a valuation of the properties as at October 2017. The valuation of the properties is in the region of £3,065,000. This valuation is based on the assumption that planning permission will be granted by the council to convert the properties into ground floor retail with residential above. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 30.9.22 |
£ | £ |
Taxation and social security |
Other creditors |