Company registration number 09660407 (England and Wales)
GUILDHALL YARD LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
GUILDHALL YARD LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
GUILDHALL YARD LIMITED
BALANCE SHEET
AS AT
30 JUNE 2023
30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investment property
3
304,969
304,968
Current assets
Debtors
4
398
221
Cash at bank and in hand
21,849
1,279
22,247
1,500
Creditors: amounts falling due within one year
5
(337,461)
(333,720)
Net current liabilities
(315,214)
(332,220)
Net liabilities
(10,245)
(27,252)
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
(10,246)
(27,253)
Total equity
(10,245)
(27,252)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 7 March 2024
J A Page
Director
Company registration number 09660407 (England and Wales)
GUILDHALL YARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information

Guildhall Yard Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2 Rutland Park, Sheffield,, South Yorkshire, S10 2PD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover relates to rent receivable during the year.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and bank overdrafts.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

GUILDHALL YARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
3
Investment property
2023
£
Fair value
At 1 July 2022 and 30 June 2023
304,969

The investment properties are held at directors valuation.

 

4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
302
221
Prepayments and accrued income
96
-
0
398
221
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
336,189
332,448
Accruals and deferred income
1,272
1,272
337,461
333,720
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
1
1
1
1
GUILDHALL YARD LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 4 -
7
Related party transactions

Wentbridge House Limited

 

Amounts due to Wentbridge House Limited, a company in which J Page is a director,of £267,690 (2022: £263,812), which is included within other creditors.

2023-06-302022-07-01false07 March 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityJ A Pagefalse096604072022-07-012023-06-30096604072023-06-30096604072022-06-3009660407core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3009660407core:CurrentFinancialInstrumentscore:WithinOneYear2022-06-3009660407core:CurrentFinancialInstruments2023-06-3009660407core:CurrentFinancialInstruments2022-06-3009660407core:ShareCapital2023-06-3009660407core:ShareCapital2022-06-3009660407core:RetainedEarningsAccumulatedLosses2023-06-3009660407core:RetainedEarningsAccumulatedLosses2022-06-3009660407bus:Director12022-07-012023-06-30096604072021-07-012022-06-30096604072022-06-3009660407bus:PrivateLimitedCompanyLtd2022-07-012023-06-3009660407bus:SmallCompaniesRegimeForAccounts2022-07-012023-06-3009660407bus:FRS1022022-07-012023-06-3009660407bus:AuditExemptWithAccountantsReport2022-07-012023-06-3009660407bus:FullAccounts2022-07-012023-06-30xbrli:purexbrli:sharesiso4217:GBP