Company Registration No. 11237594 (England and Wales)
098 LTD
Unaudited accounts
for the year ended 30 March 2023
098 LTD
Unaudited accounts
Contents
098 LTD
Company Information
for the year ended 30 March 2023
Company Number
11237594 (England and Wales)
Registered Office
98 GLENEAGLES ROAD
HEALD GREEN
CHEADLE
SK8 3EN
ENGLAND
098 LTD
Statement of financial position
as at 30 March 2023
Tangible assets
11,240,841
5,882,577
Investment property
1,000,000
1,000,000
Cash at bank and in hand
92,255
207,556
Creditors: amounts falling due within one year
(339,095)
(75,354)
Net current assets
152,829
326,415
Total assets less current liabilities
12,393,670
7,208,992
Creditors: amounts falling due after more than one year
(12,220,000)
(7,270,000)
Net assets/(liabilities)
173,670
(61,008)
Called up share capital
100
100
Profit and loss account
173,570
(61,108)
Shareholders' funds
173,670
(61,008)
For the year ending 30 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 November 2023 and were signed on its behalf by
M MUDASSAR
Director
Company Registration No. 11237594
098 LTD
Notes to the Accounts
for the year ended 30 March 2023
098 LTD is a private company, limited by shares, registered in England and Wales, registration number 11237594. The registered office is 98 GLENEAGLES ROAD, HEALD GREEN, CHEADLE, SK8 3EN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
£15675
4
Tangible fixed assets
Total
At 31 March 2022
5,885,711
At 30 March 2023
11,246,487
At 30 March 2023
11,240,841
At 30 March 2022
5,882,577
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
098 LTD
Notes to the Accounts
for the year ended 30 March 2023
6
Average number of employees
During the year the average number of employees was 2 (2022: 1).