Company Registration No. 09410994 (England and Wales)
21 BUCKINGHAM GATE OFFICE LIMITED
Unaudited accounts
for the year ended 31 December 2022
21 BUCKINGHAM GATE OFFICE LIMITED
Unaudited accounts
Contents
21 BUCKINGHAM GATE OFFICE LIMITED
Company Information
for the year ended 31 December 2022
Director
Kristoffer Lundberg
Company Number
09410994 (England and Wales)
Registered Office
21 BUCKINGHAM GATE
LONDON
SW1E 6LB
ENGLAND
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
21 BUCKINGHAM GATE OFFICE LIMITED
Accountants' report
Accountants' report to the director of 21 BUCKINGHAM GATE OFFICE LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
21 BUCKINGHAM GATE OFFICE LIMITED for the year ended
31 December 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of 21 BUCKINGHAM GATE OFFICE LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of 21 BUCKINGHAM GATE OFFICE LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 21 BUCKINGHAM GATE OFFICE LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that 21 BUCKINGHAM GATE OFFICE LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 21 BUCKINGHAM GATE OFFICE LIMITED. You consider that 21 BUCKINGHAM GATE OFFICE LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of 21 BUCKINGHAM GATE OFFICE LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
9 August 2023
21 BUCKINGHAM GATE OFFICE LIMITED
Statement of financial position
as at 31 December 2022
Tangible assets
223,007
349,741
Cash at bank and in hand
13,658
17,034
Creditors: amounts falling due within one year
(3,300,779)
(2,643,587)
Net current liabilities
(1,012,592)
(2,345,098)
Total assets less current liabilities
(789,585)
(1,995,357)
Creditors: amounts falling due after more than one year
(17,344)
(141,627)
Provisions for liabilities
Other provisions
(40,000)
-
Net liabilities
(846,929)
(2,136,984)
Called up share capital
1
1
Profit and loss account
(846,930)
(2,136,985)
Shareholders' funds
(846,929)
(2,136,984)
For the year ending 31 December 2022 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.
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 5 March 2024 and were signed on its behalf by
Kristoffer Lundberg
Director
Company Registration No. 09410994
21 BUCKINGHAM GATE OFFICE LIMITED
Notes to the Accounts
for the year ended 31 December 2022
21 BUCKINGHAM GATE OFFICE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09410994. The registered office is 21 BUCKINGHAM GATE, LONDON, SW1E 6LB, 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:
Land & buildings
Over the shorter of the lease terms and 5 years
Fixtures & fittings
2 to 5 years
Computer equipment
2 to 5 years
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company has been funded by an intercompany loan which will not be called upon within the next 12 months.
The board has expressed the intention to wind down the business and therefore the accounts have been prepared to give a 'true and fair view' of the financial position of the business at 31 December 2022.
21 BUCKINGHAM GATE OFFICE LIMITED
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
658,630
-
172,215
19,003
849,848
Additions
43,974
-
968
-
44,942
At 31 December 2022
702,604
-
173,183
19,003
894,790
At 1 January 2022
364,011
-
118,387
17,709
500,107
Charge for the year
170,052
35
-
1,589
171,676
At 31 December 2022
534,063
35
118,387
19,298
671,783
At 31 December 2022
168,541
(35)
54,796
(295)
223,007
At 31 December 2021
294,619
-
53,828
1,294
349,741
Amounts falling due within one year
Accrued income and prepayments
21,529
28,936
Other debtors
249,000
249,000
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
155,170
133,152
Trade creditors
47,820
24,299
Amounts owed to group undertakings and other participating interests
2,760,135
2,440,141
Taxes and social security
-
2,167
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
17,344
141,627
8
Average number of employees
During the year the average number of employees was 0 (2021: 2).