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REGISTERED NUMBER: 11809412 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 29 February 2024

for

Augustines Road Camden Limited

Augustines Road Camden Limited (Registered number: 11809412)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Augustines Road Camden Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr L A J Dacosta





REGISTERED OFFICE: 171 Lukin Street
London
United Kingdom
E1 0BN





REGISTERED NUMBER: 11809412 (England and Wales)






Augustines Road Camden Limited (Registered number: 11809412)

Report of the Director
for the Year Ended 29 February 2024

The director presents his report with the financial statements of the company for the year ended 29 February 2024.

INCORPORATION
The company was incorporated on 6 February 2019 and commenced trading on 1 March 2020.

DIRECTOR
Mr L A J Dacosta held office during the whole of the period from 1 March 2023 to the date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr L A J Dacosta - Director


8 March 2024

Augustines Road Camden Limited (Registered number: 11809412)

Income Statement
for the Year Ended 29 February 2024

£   

TURNOVER -

Administrative expenses 83,344
(83,344 )

Other operating income 137,109
OPERATING PROFIT 53,765


Interest payable and similar expenses 43,394
PROFIT BEFORE TAXATION 10,371

Tax on profit 1,841
PROFIT FOR THE FINANCIAL YEAR 8,530

Augustines Road Camden Limited (Registered number: 11809412)

Balance Sheet
29 February 2024

Notes £    £   
FIXED ASSETS
Investment property 4 3,705,000

CURRENT ASSETS
Debtors 5 490
Cash at bank 5,204
5,694
CREDITORS
Amounts falling due within one year 6 3,688,488
NET CURRENT LIABILITIES (3,682,794 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,206

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings 22,106
SHAREHOLDERS' FUNDS 22,206

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 8 March 2024 and were signed by:





Mr L A J Dacosta - Director


Augustines Road Camden Limited (Registered number: 11809412)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Augustines Road Camden Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 3,705,000
NET BOOK VALUE
At 29 February 2024 3,705,000
At 28 February 2023 3,705,000

Augustines Road Camden Limited (Registered number: 11809412)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' loan accounts 100
Prepayments and accrued income 390
490

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 1,490,125
Amounts owed to group undertakings 2,195,672
Tax 1,841
Accrued expenses 850
3,688,488

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100