REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 DECEMBER 2023 |
FOR |
48 SOUTHERN ROAD (FREEHOLD) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 25 DECEMBER 2023 |
FOR |
48 SOUTHERN ROAD (FREEHOLD) LIMITED |
48 SOUTHERN ROAD (FREEHOLD) LIMITED (REGISTERED NUMBER: 06324499) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 25 DECEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
48 SOUTHERN ROAD (FREEHOLD) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 25 DECEMBER 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Murrills House |
48 East Street |
Portchester |
Fareham |
Hampshire |
PO16 9XS |
48 SOUTHERN ROAD (FREEHOLD) LIMITED (REGISTERED NUMBER: 06324499) |
BALANCE SHEET |
25 DECEMBER 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
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 |
48 SOUTHERN ROAD (FREEHOLD) LIMITED (REGISTERED NUMBER: 06324499) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 25 DECEMBER 2023 |
1. | STATUTORY INFORMATION |
48 Southern Road (Freehold) Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Transactions in the year relating to the maintenance of the common areas in accordance with the lease are shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. All service charge monies received from the residents of the property are held on trust for the residents. |
Turnover |
Income represents contributions from members. |
Tangible fixed assets |
Depreciation is not provided on property. Although this accounting policy is in accordance with the Financial Reporting Standard 102, it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Freehold |
property |
£ |
COST |
At 26 December 2022 |
and 25 December 2023 |
NET BOOK VALUE |
At 25 December 2023 |
At 25 December 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
48 SOUTHERN ROAD (FREEHOLD) LIMITED (REGISTERED NUMBER: 06324499) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 25 DECEMBER 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Due to members | 1,800 | 1,800 |
Accrued expenses |