REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 16 February 2022 to 31 May 2023 |
for |
65 HAMPDEN ROAD LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 16 February 2022 to 31 May 2023 |
for |
65 HAMPDEN ROAD LIMITED |
65 HAMPDEN ROAD LIMITED (REGISTERED NUMBER: 13920986) |
Contents of the Financial Statements |
FOR THE PERIOD 16 FEBRUARY 2022 TO 31 MAY 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
65 HAMPDEN ROAD LIMITED |
Company Information |
FOR THE PERIOD 16 FEBRUARY 2022 TO 31 MAY 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Lynton House |
7-12 Tavistock Square |
London |
WC1H 9LT |
65 HAMPDEN ROAD LIMITED (REGISTERED NUMBER: 13920986) |
Balance Sheet |
31 MAY 2023 |
Notes | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were authorised for issue by the Board of Directors and authorised for issue on |
65 HAMPDEN ROAD LIMITED (REGISTERED NUMBER: 13920986) |
Notes to the Financial Statements |
FOR THE PERIOD 16 FEBRUARY 2022 TO 31 MAY 2023 |
1. | STATUTORY INFORMATION |
65 Hampden Road Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Going concern |
The directors consider that the financial resources available to the Company are adequate to meet its operational needs for the foreseeable future or at least 12 months from the date of signature of these accounts. Accordingly, the going concern basis has been adopted in preparing these financial statements. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Turnover comprises revenue recognised by the Company in respect of sales of developed properties during the year. |
Sales of long leasehold and freehold assets are recognised where the sale becomes unconditional which is normally on completion. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was |
65 HAMPDEN ROAD LIMITED (REGISTERED NUMBER: 13920986) |
Notes to the Financial Statements - continued |
FOR THE PERIOD 16 FEBRUARY 2022 TO 31 MAY 2023 |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Tax |
Other creditors |
Accrued expenses |
6. | RELATED PARTY DISCLOSURES |
Included in other creditors is an amount of £320,000 owed by the company to Langlobe Developments Ltd, a company in which a director has a beneficial interest. This loan is interest free and payable on demand. |