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Company Registration No. 13755248 (England and Wales)
SUMMERHILL COURT HOUSE LIMITED Unaudited accounts for the year ended 31 December 2023
SUMMERHILL COURT HOUSE LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
6,500,000 
6,600,000 
Current assets
Debtors
42,906 
71,309 
Cash at bank and in hand
85,512 
60,128 
128,418 
131,437 
Creditors: amounts falling due within one year
(115,122)
(84,276)
Net current assets
13,296 
47,161 
Total assets less current liabilities
6,513,296 
6,647,161 
Creditors: amounts falling due after more than one year
(4,993,039)
(4,959,095)
Provisions for liabilities
Deferred tax
(10,788)
- 
Other provisions
- 
(66,916)
(10,788)
(66,916)
Net assets
1,509,469 
1,621,150 
Capital and reserves
Called up share capital
1,561,000 
1,421,000 
Profit and loss account
(51,531)
200,150 
Shareholders' funds
1,509,469 
1,621,150 
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.
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. 13755248
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SUMMERHILL COURT HOUSE LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
SUMMERHILL COURT HOUSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13755248. 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.
4
Investment property
2023 
£ 
Fair value at 1 January 2023
6,600,000 
Additions
158,268 
Net loss from fair value adjustments
(258,268)
At 31 December 2023
6,500,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
28,915 
Accrued income and prepayments
42,906 
42,394 
42,906 
71,309 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
28,949 
9,330 
Other creditors
43,739 
43,538 
Accruals
42,434 
31,408 
115,122 
84,276 
- 3 -
SUMMERHILL COURT HOUSE LIMITED Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
3,750,697 
- 
Amounts owed to group undertakings and other participating interests
1,233,522 
4,957,996 
Accruals
8,820 
1,099 
4,993,039 
4,959,095 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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