Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
30 November 2023
Director |
Company Secretary | WALLER, Penelope Jane |
Registered Address | |
Registered Number |
Notes | 2023 | 2022 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 4 | |||||||
Investment property | 5 | |||||||
Current assets | ||||||||
Debtors | 6,7 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 8 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 9 | ( | ( | |||||
Provisions for liabilities | 10 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Other reserves | ||||||||
Profit and loss account | ||||||||
Shareholders' funds | 12 |
The financial statements were approved and authorised for issue by the Director on 28 August 2024, and are signed on its behalf by: |
Director Registered Company No. 03087450 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Functional and presentation currency | |
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Turnover policy | |
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Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | ||
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Fixtures and fittings |
Investment property | |
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Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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Financial instruments | |
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2. | Average number of employees |
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2023 | 2022 | |||
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Average number of employees during the year |
3. | Prior period adjustment |
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The financial statements for the year ended 30 November 2022 have been restated due to a reclassification of the investment properties held at the reporting date, as well as correcting prior period errors. The reclassification of the investment property resulted in a deferred tax liability being provided for. The prior period errors affected the directors loan and reserves brought forward. The net assets at 1 December 2021 increased from £218,287 to £272,107, with an adjustment of £53,820 being made. There was a further adjustment of £3,976, decreasing net assets made in the year ended 30 November 2022. The net adjustment was therefore £49,844. Net assets prior to adjustments at 30 November 2022 - £200,141. Net assets post adjustments at 30 November 2022 - £249,985. |
4. | Tangible fixed assets |
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Fixtures & fittings | Total | |||
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£ | £ | |||
Cost or valuation | ||||
At 01 December 22 | ||||
At 30 November 23 | ||||
Depreciation and impairment | ||||
At 01 December 22 | ||||
Charge for year | ||||
At 30 November 23 | ||||
Net book value | ||||
At 30 November 23 | ||||
At 30 November 22 |
5. | Investment property |
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There has been a fair value gain adjustment of £47,000 recognised in the profit or loss for this reporting period. The valuation has been made by the directors based upon market data available of properties sold on or around the reporting date. |
£ | ||
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Fair value at 01 December 22 | ||
Fair value adjustments | ||
At 30 November 23 |
6. | Debtors: amounts due within one year |
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2023 | 2022 | |||
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£ | £ | |||
Other debtors | ||||
Total |
7. | Debtors: amounts due after one year |
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2023 | 2022 | |||
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£ | £ | |||
Other debtors | ||||
Total |
8. | Creditors: amounts due within one year |
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2023 | 2022 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Taxation and social security | ||||
Accrued liabilities and deferred income | ||||
Total |
9. | Creditors: amounts due after one year |
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2023 | 2022 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
10. | Provisions for liabilities |
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2023 | 2022 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
11. | Directors advances, credits and guarantees |
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Brought forward | Amount advanced | Amount repaid | Carried forward | |||||
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£ | £ | £ | £ | |||||
12. | Fair value reserve |
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£ | ||
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Fair value reserve at 01 December 22 | ||
Transferred in period | ||
At 30 November 23 |
13. | Related party transactions |
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