REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 August 2023 |
for |
Brompton Road (231) Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 August 2023 |
for |
Brompton Road (231) Limited |
Brompton Road (231) Limited (Registered number: 05203929) |
Contents of the Financial Statements |
for the Year Ended 31 August 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Brompton Road (231) Limited |
Company Information |
for the Year Ended 31 August 2023 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Hiland House |
282 The Ridgeway |
Botany Bay |
Enfield |
Middlesex |
EN2 8AP |
Brompton Road (231) Limited (Registered number: 05203929) |
Statement of Financial Position |
31 August 2023 |
2023 | 2022 |
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 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. |
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 |
Brompton Road (231) Limited (Registered number: 05203929) |
Notes to the Financial Statements |
for the Year Ended 31 August 2023 |
1. | STATUTORY INFORMATION |
Brompton Road (231) Limited is a |
The Company's principal activity is disclosed in the Director's Report on page 2 and the Company is non-profit making. Any surplus is retained in the company for the purposes of the business. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. There were no material departures from that standard. The financial statements have been prepared under the historical cost convention. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade creditors |
Other creditors |
6. | OFF-BALANCE SHEET ARRANGEMENTS |
On 10 December 2004 the Company purchased a 999 year lease (expiring on 9 December 3003) for properties at 231 Brompton Road and 71 Egerton Gardens comprising three residential apartments and a commercial premises. |
In December 2004 the Company granted a lease to MML Inc. Limited, a company controlled by Mrs M Lebbe and Mr D Lebbe, expiring on 8 December 3003). In February 2005 the Company granted leases on the three residential properties, expiring on 5 December 3003. The consideration for each lease was £1. At the end of the leases the economic value returns to the Company. |
The Director takes the view that the economic value resides in the leases granted by the Company until December 3003 and thus no value is shown in the Company's accounts. |
Brompton Road (231) Limited (Registered number: 05203929) |
Notes to the Financial Statements - continued |
for the Year Ended 31 August 2023 |
7. | RELATED PARTY DISCLOSURES |
In 2004 a lease was granted by the Company to MML Inc. Limited, a company controlled by Mrs M Lebbe and Mr D Lebbe. See Note 7. |
Mrs M Lebbe is one of the residents of the property managed by the Company. Mrs M Lebbe was charged service charges at the market rate of £4,356 (2022: £3,516). In addition, Mrs M Lebbe was charged £900 (2022: £900) for accountancy services incurred by the company. |
MML Inc. Limited, a company controlled by Mrs M Lebbe and Mr D Lebbe, is one of the residents of the property managed by the Company. MML Inc. Limited was charged service charges at the market rate of £3,581 (2022: £2,462). |