1 January 2023 false No description of principal activity Taxfiler 2024.5 13404431business:PrivateLimitedCompanyLtd2023-01-012023-12-31 134044312022-12-31 134044312023-01-012023-12-31 13404431business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 13404431business:AbridgedAccounts2023-01-012023-12-31 134044312023-12-31 13404431business:Director12023-01-012023-12-31 13404431business:RegisteredOffice2023-01-012023-12-31 134044312022-12-31 13404431core:WithinOneYear2023-12-31 13404431core:WithinOneYear2022-12-31 13404431core:AfterOneYear2023-12-31 13404431core:AfterOneYear2022-12-31 13404431core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 13404431core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 13404431core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 13404431core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 13404431core:PreviouslyStatedAmount2023-12-31 13404431core:PreviouslyStatedAmount2022-12-31 13404431business:SmallEntities2023-01-012023-12-31 13404431countries:EnglandWales2023-01-012023-12-31 134044312022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 13404431 (England and Wales)
BALTIC VIEW LIMITED Unaudited accounts for the year ended 31 December 2023
BALTIC VIEW LIMITED Company Information for the year ended 31 December 2023
Director
Christos Dimitriadis
Company Number
13404431 (England and Wales)
Registered Office
60 WELBECK STREET LONDON W1G 9XB ENGLAND
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BALTIC VIEW LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
8,308 
Investment property
4,130,000 
4,650,000 
4,130,000 
4,658,308 
Current assets
Debtors
125,198 
123,389 
Cash at bank and in hand
65,663 
67,512 
190,861 
190,901 
Creditors: amounts falling due within one year
(201,063)
(92,679)
Net current (liabilities)/assets
(10,202)
98,222 
Total assets less current liabilities
4,119,798 
4,756,530 
Creditors: amounts falling due after more than one year
(3,289,820)
(3,361,360)
Provisions for liabilities
Deferred tax
- 
(29,792)
Net assets
829,978 
1,365,378 
Capital and reserves
Called up share capital
1,476,001 
1,276,001 
Profit and loss account
(646,023)
89,377 
Shareholders' funds
829,978 
1,365,378 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 April 2024 and were signed on its behalf by
Christos Dimitriadis Director Company Registration No. 13404431
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BALTIC VIEW LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
BALTIC VIEW LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13404431. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Property, plant and equipment
Property, plant and equipment are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated on the straight-line method so as to write off the cost of each asset to its residual value over its estimated useful life. The assets residual values and useful lives are reviewed, and adjusted if appropriate, at each reporting date. Where the carrying amount of an asset is greater than its estimated recoverable amount, the asset is written down immediately to its recoverable amount. Expenditure for repairs and maintenance of property, plant and equipment is charged to profit or loss of the year in which it is incurred. The cost of major renovations and other subsequent expenditure are included in the carrying amount of the asset when it is probable that future economic benefits in excess of the originally assessed standard of performance of the existing asset will flow to the Company. Major renovations are depreciated over the remaining useful life of the related asset. An item of property, plant and equipment is derecognised upon disposal or when no future economic benefits are expected to arise from the continued use of the asset. Any gain or loss arising on the disposal or retirement of an item of property, plant and equipment is determined as the difference between the sales proceeds and the carrying amount of the asset and is recognised in profit or loss.
Investment property
Investment property is stated at fair value, which reflects market conditions at the reporting date. Gains or losses arising from changes in the fair values of investment properties are included in profit or loss in the period in which they arise, including the corresponding tax effect.
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BALTIC VIEW LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
24,926 
At 31 December 2023
24,926 
Depreciation
At 1 January 2023
16,618 
Charge for the year
8,308 
At 31 December 2023
24,926 
Net book value
At 31 December 2023
- 
At 31 December 2022
8,308 
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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