Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2023 | 2022 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 3 | ||||||
Investments | 4 | ||||||
Current assets | |||||||
Stocks | - | ||||||
Debtors | 5 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 6 | ( |
( |
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Net current assets | |||||||
Total assets less current liabilities | |||||||
Provisions for liabilities | ( |
- | |||||
Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | |||||||
Fair value reserve | 433,528 | 400,198 | |||||
Profit and loss account | |||||||
Shareholders' funds | |||||||
D Gratton, director | Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Tangible fixed assets (investment properties) | ||||||||
This treatment represents a departure from the requirements of the Companies Act 2006 but is required in order for the accounts to show a true and fair view. It is impractical, in the opinion of the directors, to state an amount of depreciation which would have been charged against profit had the provisions of the Act been followed. |
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Investments | ||||||||
Stocks | ||||||||
Taxation | ||||||||
2 | Employees | 2023 | 2022 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Tangible fixed assets | |||||||
Land and buildings | ||||||||
£ | ||||||||
Cost or revaluation | ||||||||
At 1 August 2022 | ||||||||
Surplus on revaluation | ||||||||
At 31 July 2023 | ||||||||
Depreciation | ||||||||
At 31 July 2023 | - | |||||||
Net book value | ||||||||
At 31 July 2023 | ||||||||
At 31 July 2022 | ||||||||
Freehold land and buildings: | 2023 | 2022 | ||||||
£ | £ | |||||||
Historical cost | 109,520 | 109,520 | ||||||
Cumulative depreciation based on historical cost | - | - | ||||||
The property has been revalued in this period by the directors to reflect their understanding of its market value. | ||||||||
4 | Investments | |||||||
Investments in | ||||||||
associated | ||||||||
undertakings | ||||||||
£ | ||||||||
Carrying value | ||||||||
At 1 August 2022 | ||||||||
Share of profits earned in year after tax | ||||||||
At 31 July 2023 | ||||||||
5 | Debtors | 2023 | 2022 | |||||
£ | £ | |||||||
Non-trade debtors | ||||||||
6 | Creditors: amounts falling due within one year | 2023 | 2022 | |||||
£ | £ | |||||||
Taxation and social security costs | ||||||||
Other creditors | ||||||||
7 | Loans to directors | |||||||
Description and conditions | B/fwd | Paid | Repaid | C/fwd | ||||
£ | £ | £ | £ | |||||
- | ( |
- | ||||||
- | 200,000 | (200,000) | - | |||||
8 | Related party transactions | |||||||
(1) The company was owed £31,500 (2022 - £31,500) by an undertaking in which the directors have an interest. (2) The company previously (2022) owed £57,000 to an undertaking controlled by the directors but this amount has been cleared during the year ended on the balance sheet date. |
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9 | Other information | |||||||
Gratton Property (Whitchurch) Limited is a private company limited by shares and incorporated in England and Wales. The company is jointly-owned and therefore controlled by its directors. The registered office is situated at First Floor Offices, Allied House, Bryn Lane, Wrexham, LL13 9UT. |