Treasure McLeod Ltd |
Registered number: |
04114675 |
Balance Sheet |
as at 31 October 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
3,174,932 |
|
|
3,174,932 |
|
Current assets |
Debtors |
4 |
|
42,073 |
|
|
38,516 |
Cash at bank and in hand |
|
|
74,115 |
|
|
71,970 |
|
|
|
116,188 |
|
|
110,486 |
|
Creditors: amounts falling due within one year |
5 |
|
(286,800) |
|
|
(262,269) |
|
Net current liabilities |
|
|
|
(170,612) |
|
|
(151,783) |
|
Total assets less current liabilities |
|
|
|
3,004,320 |
|
|
3,023,149 |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(3,011,270) |
|
|
(3,100,296) |
|
|
|
Net liabilities |
|
|
|
(6,950) |
|
|
(77,147) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
2 |
|
|
2 |
Profit and loss account |
|
|
|
(6,952) |
|
|
(77,149) |
|
Shareholder's funds |
|
|
|
(6,950) |
|
|
(77,147) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
G. S. C. Amos |
Director |
Approved by the board on 23 July 2024 |
|
Treasure McLeod Ltd |
Notes to the Accounts |
for the year ended 31 October 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Rental Income is measured at the fair value of the consideration received or receivable, net of value added tax and is stated before collection fees and property costs. |
|
|
Investment Property |
|
The Investment Property has been measured at fair market value at the reporting date. That fair market value was determined by the Director by reference to reports procurred from an independent qualified valuer who uses current market prices for comparable properties, adjusted for any difference in nature, location and condition. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 November 2022 |
3,174,932 |
|
At 31 October 2023 |
3,174,932 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 October 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2023 |
3,174,932 |
|
At 31 October 2022 |
3,174,932 |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
42,073 |
|
38,516 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Trade creditors |
38,280 |
|
25,783 |
|
Taxation and social security costs |
- |
|
533 |
|
Other creditors |
248,520 |
|
235,953 |
|
|
|
|
|
|
286,800 |
|
262,269 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Other creditors |
3,011,270 |
|
3,100,296 |
|
|
|
|
|
|
|
|
|
|
Mr A.J.Amos has a charge over the freehold property to cover the amount due to him as at 31st October 2023 it amounted to £1,500,000. |
|
7 |
Other information |
|
|
Treasure McLeod Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Brunswick House |
|
30 Wandsworth Road |
|
London |
|
SW8 2LG |