1 April 2023 v2024.37.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP036484522023-04-012024-03-31036484522024-03-31036484522023-03-3103648452core:WithinOneYear2024-03-3103648452core:WithinOneYear2023-03-3103648452core:ShareCapital2024-03-3103648452core:ShareCapital2023-03-3103648452core:OtherReservesSubtotal2024-03-3103648452core:OtherReservesSubtotal2023-03-3103648452core:RetainedEarningsAccumulatedLosses2024-03-3103648452core:RetainedEarningsAccumulatedLosses2023-03-3103648452bus:Director12023-04-012024-03-3103648452bus:RegisteredOffice2023-04-012024-03-3103648452core:LandBuildings2023-04-012024-03-3103648452core:LandBuildings2024-03-3103648452core:LandBuildings2023-03-310364845212023-04-012024-03-31036484522022-04-012023-03-3103648452countries:EnglandWales2023-04-012024-03-3103648452bus:AuditExemptWithAccountantsReport2023-04-012024-03-3103648452bus:PrivateLimitedCompanyLtd2023-04-012024-03-3103648452bus:SmallEntities2023-04-012024-03-3103648452bus:FullAccounts2023-04-012024-03-31
Company registration number:
03648452
35 ST. JOHN'S AVENUE LIMITED
Unaudited Filleted Financial Statements for the year ended
31 March 2024
35 ST. JOHN'S AVENUE LIMITED
Report to the board of directors on the preparation of the unaudited statutory financial statements of 35 ST. JOHN'S AVENUE LIMITED
Year ended
31 March 2024
As described on the statement of financial position, the Board of Directors of
35 ST. JOHN'S AVENUE LIMITED
are responsible for the preparation of the
financial statements
for the year ended
31 March 2024
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited
financial statements
in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Cripps Dransfield
206 Upper Richmond Road West
London
SW14 8AH
United Kingdom
35 ST. JOHN'S AVENUE LIMITED
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Tangible assets 5
7,120
 
7,120
 
Current assets    
Cash at bank and in hand
33,305
 
13,292
 
Creditors: amounts falling due within one year 6
(6,389
)
(3,332
)
Net current assets
26,916
 
9,960
 
Total assets less current liabilities 34,036   17,080  
Capital and reserves    
Called up share capital
5
 
5
 
Other reserves
7,405
 
7,405
 
Profit and loss account
26,626
 
9,670
 
Shareholders funds
34,036
 
17,080
 
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
5 August 2024
, and are signed on behalf of the board by:
Mr R Winter
Director
Company registration number:
03648452
35 ST. JOHN'S AVENUE LIMITED
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
206 Upper Richmond Road West
,
London
,
SW14 8AH
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable in respect of ground rents due from lessees and members. During the year the company granted lease extensions on four of the flats within the property, the proceeds of which (£30,525) are included in Turnover as "Other income".

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
None charged.

Other Reserves

Other reserves relate to Capital Reserves arising from funds introduced by members to purchase the freehold interest in the property.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2023: Nil).

5 Tangible assets

Land and buildings
£
Cost  
At
1 April 2023
and
31 March 2024
7,120
 
Depreciation  
At
1 April 2023
and
31 March 2024
-  
Carrying amount  
At
31 March 2024
7,120
 
At 31 March 2023
7,120
 

6 Creditors: amounts falling due within one year

20242023
££
Trade creditors -  
385
 
Taxation and social security
5,293
 
1,832
 
Other creditors
1,096
 
1,115
 
6,389
 
3,332