REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st March 2024 |
for |
6 Bryanston Square Freehold Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31st March 2024 |
for |
6 Bryanston Square Freehold Limited |
6 Bryanston Square Freehold Limited (Registered number: 10630310) |
Contents of the Financial Statements |
for the Year Ended 31st March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
6 Bryanston Square Freehold Limited |
Company Information |
for the Year Ended 31st March 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
6 Bryanston Square Freehold Limited (Registered number: 10630310) |
Balance Sheet |
31st March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
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 Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
6 Bryanston Square Freehold Limited (Registered number: 10630310) |
Notes to the Financial Statements |
for the Year Ended 31st March 2024 |
1. | STATUTORY INFORMATION |
6 Bryanston Square Freehold Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The company has no income and expenditure in its own right. All transactions for the year relate to the maintenance of the common parts and insurance of the buildings in accordance with the lease. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property and do not form part of the annual accounts of the company, nor are they filed at Companies House. All service charges received from the owners and residents of the property are held in trust for the owners and residents. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st April 2023 |
and 31st March 2024 |
NET BOOK VALUE |
At 31st March 2024 |
At 31st March 2023 |
This investment represents the premium paid for the freehold interest in land at 6 Bryanston Square, London, on which stands 5 flats to each of which the company has issued a 999 year lease effective from 25 December 2017 at a peppercorn rent. |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Other creditors |
Amounts falling due in more than five years: |
Repayable otherwise than by instalments |
Other loans more than 5 years non-instalments |
6 Bryanston Square Freehold Limited (Registered number: 10630310) |
Notes to the Financial Statements - continued |
for the Year Ended 31st March 2024 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.3.24 | 31.3.23 |
value: | £ | £ |
Ordinary | £0.01 | 100 | 100 |
7. | CONTRACTUAL COMMITMENTS |
The company contracts via its managing agents with third parties in its own name for the supply of services to the property for maintenance of the common parts and insurance of the buildings in accordance with the terms of the leases. At 31 March 2024 the company had not entered into any non-cancellable contractual commitments. |