Company registration number 14032565 (England and Wales)
1705 HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
1705 HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
474,072
Current assets
81,693
106
Prepayments and accrued income
405
405
Creditors: amounts falling due within one year
(578,588)
(3,420)
Net current liabilities
(496,490)
(2,909)
Total assets less current liabilities
(22,418)
(2,909)
Net liabilities
(22,418)
(2,909)
Capital and reserves
(22,418)
(2,909)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
A director has a legal charge over the freehold property known as 17 Vernon Place and land to the north side of 17 Vernon Place, Falmouth until the loan to purchase the property, and cumulative interest at 4% per annum, is repaid in full. The property is shown within fixed assets and the loan is shown with current liabilities.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
1705 Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 264 Banbury Road, Oxford, OX2 7DY.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1705 HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 3 September 2024 and are signed on its behalf by:
Mr A Kenyon
Director
Company registration number 14032565 (England and Wales)