Registered number
04054257
Inglewood 54 Management Limited
Unaudited Filleted Accounts
31 December 2023
Inglewood 54 Management Limited
Registered number: 04054257
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 14,102 14,102
Current assets
Debtors 4 427 427
Net current assets 427 427
Total assets less current liabilities 14,529 14,529
Creditors: amounts falling due after more than one year 5 (1) (1)
Net assets 14,528 14,528
Capital and reserves
Called up share capital 9 9
Share premium 13,418 13,418
Profit and loss account 1,101 1,101
Shareholders' funds 14,528 14,528
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
I. Stokes
Director
Approved by the board on 23 September 2024
Inglewood 54 Management Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Investments
Other
investments
£
Cost
At 1 January 2023 14,102
At 31 December 2023 14,102
The above investment comprises the cost of the land of a block of flats known as "Inglewood", 54 Bournemouth Road, Lower Parkstone, Poole, Dorset.
4 Debtors 2023 2022
£ £
Other debtors 427 427
5 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 1 1
6 Other information
Inglewood 54 Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
40 High West Street
Dorchester
Dorset
DT1 1UR
Inglewood 54 Management Limited 04054257 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 I. Stokes No description of principal activity 04054257 2022-01-01 2022-12-31 04054257 core:AfterOneYear 2022-12-31 04054257 core:ShareCapital 2022-12-31 04054257 core:SharePremium 2022-12-31 04054257 core:RetainedEarningsAccumulatedLosses 2022-12-31 04054257 2023-01-01 2023-12-31 04054257 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 04054257 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04054257 bus:Director40 2023-01-01 2023-12-31 04054257 1 2023-01-01 2023-12-31 04054257 2 2023-01-01 2023-12-31 04054257 countries:England 2023-01-01 2023-12-31 04054257 bus:FRS102 2023-01-01 2023-12-31 04054257 bus:FilletedAccounts 2023-01-01 2023-12-31 04054257 2023-12-31 04054257 core:AfterOneYear 2023-12-31 04054257 core:ShareCapital 2023-12-31 04054257 core:SharePremium 2023-12-31 04054257 core:RetainedEarningsAccumulatedLosses 2023-12-31 04054257 2022-12-31 iso4217:GBP xbrli:pure