IRIS Accounts Production v23.3.1.45 10249596 director 1.4.21 31.3.22 31.3.22 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh102495962021-03-31102495962022-03-31102495962021-04-012022-03-31102495962020-06-30102495962020-07-012021-03-31102495962021-03-3110249596ns10:Originalns15:EnglandWales2021-04-012022-03-3110249596ns14:PoundSterlingns10:Original2021-04-012022-03-3110249596ns10:Originalns10:Director12021-04-012022-03-3110249596ns10:Original2021-04-012022-03-3110249596ns10:Original2022-03-3110249596ns10:Originalns10:PrivateLimitedCompanyLtd2021-04-012022-03-3110249596ns10:Originalns10:SmallEntities2021-04-012022-03-3110249596ns10:Originalns10:AuditExempt-NoAccountantsReport2021-04-012022-03-3110249596ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3110249596ns10:SmallCompaniesRegimeForAccountsns10:Original2021-04-012022-03-3110249596ns10:Originalns10:FullAccounts2021-04-012022-03-3110249596ns10:Original2020-07-012021-03-3110249596ns10:Originalns10:RegisteredOffice2021-04-012022-03-3110249596ns10:Original2021-03-3110249596ns10:Originalns5:CurrentFinancialInstruments2022-03-3110249596ns10:Originalns5:CurrentFinancialInstruments2021-03-3110249596ns10:Originalns5:Non-currentFinancialInstruments2022-03-3110249596ns10:Originalns5:Non-currentFinancialInstruments2021-03-3110249596ns5:ShareCapitalns10:Original2022-03-3110249596ns5:ShareCapitalns10:Original2021-03-3110249596ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3110249596ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-03-3110249596ns10:Originalns5:CostValuation2021-03-3110249596ns10:Original2021-03-3110249596ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3110249596ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-03-31
REGISTERED NUMBER: 10249596 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2022

for

Exclusive Addresses Ltd

Exclusive Addresses Ltd (Registered number: 10249596)






Contents of the Financial Statements
for the Year Ended 31st March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Exclusive Addresses Ltd

Company Information
for the Year Ended 31st March 2022







DIRECTOR: Ms M K V Scott





REGISTERED OFFICE: C/O OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Billingham
TS23 4EA





REGISTERED NUMBER: 10249596 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

Exclusive Addresses Ltd (Registered number: 10249596)

Balance Sheet
31st March 2022

2022 2021
Notes £    £   
FIXED ASSETS
Investments 3 100 100
Investment property 4 312,962 317,250
313,062 317,350

CURRENT ASSETS
Debtors 5 - 1,567
Cash at bank 1,097 540
1,097 2,107
CREDITORS
Amounts falling due within one year 6 (102,067 ) (114,541 )
NET CURRENT LIABILITIES (100,970 ) (112,434 )
TOTAL ASSETS LESS CURRENT LIABILITIES 212,092 204,916

CREDITORS
Amounts falling due after more than one
year

7

(245,414

)

(245,411

)
NET LIABILITIES (33,322 ) (40,495 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (33,323 ) (40,496 )
(33,322 ) (40,495 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Exclusive Addresses Ltd (Registered number: 10249596)

Balance Sheet - continued
31st March 2022


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st December 2023 and were signed by:





Ms M K V Scott - Director


Exclusive Addresses Ltd (Registered number: 10249596)

Notes to the Financial Statements
for the Year Ended 31st March 2022

1. 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 as modified by the revaluation of certain assets.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Exclusive Addresses Ltd (Registered number: 10249596)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022

3. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st April 2021
and 31st March 2022 100
NET BOOK VALUE
At 31st March 2022 100
At 31st March 2021 100

The company investment at the balance sheet date included the following:

Indigo Blue Freeholds Ltd (100% holding).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2021 317,250
Revaluations (4,288 )
At 31st March 2022 312,962
NET BOOK VALUE
At 31st March 2022 312,962
At 31st March 2021 317,250

Fair value at 31st March 2022 is represented by:
£   
Valuation in 2021 (9,750 )
Valuation in 2022 (4,288 )
Cost 327,000
312,962

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors - 1,567

Exclusive Addresses Ltd (Registered number: 10249596)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 100 -
Other creditors 101,967 114,541
102,067 114,541

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Other creditors 245,414 245,411

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Mortgage 245,414 245,411