IRIS Accounts Production v24.2.0.383 00630633 Board of Directors 1.1.23 31.12.23 31.12.23 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006306332022-12-31006306332023-12-31006306332023-01-012023-12-31006306332021-12-31006306332022-01-012022-12-31006306332022-12-3100630633ns15:EnglandWales2023-01-012023-12-3100630633ns14:PoundSterling2023-01-012023-12-3100630633ns10:Director12023-01-012023-12-3100630633ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3100630633ns10:SmallEntities2023-01-012023-12-3100630633ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3100630633ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3100630633ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3100630633ns10:FullAccounts2023-01-012023-12-3100630633ns10:OrdinaryShareClass12023-01-012023-12-3100630633ns10:Director22023-01-012023-12-3100630633ns10:CompanySecretary12023-01-012023-12-3100630633ns10:RegisteredOffice2023-01-012023-12-3100630633ns5:CurrentFinancialInstruments2023-12-3100630633ns5:CurrentFinancialInstruments2022-12-3100630633ns5:ShareCapital2023-12-3100630633ns5:ShareCapital2022-12-3100630633ns5:RevaluationReserve2023-12-3100630633ns5:RevaluationReserve2022-12-3100630633ns5:FurtherSpecificReserve1ComponentTotalEquity2023-12-3100630633ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3100630633ns5:RetainedEarningsAccumulatedLosses2023-12-3100630633ns5:RetainedEarningsAccumulatedLosses2022-12-3100630633ns10:OrdinaryShareClass12023-12-3100630633ns5:RetainedEarningsAccumulatedLosses2022-12-3100630633ns5:RevaluationReserve2022-12-3100630633ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3100630633ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31006306331ns10:Director12022-12-31006306331ns10:Director12021-12-31006306331ns10:Director12023-01-012023-12-31006306331ns10:Director12022-01-012022-12-31006306331ns10:Director12023-12-31006306331ns10:Director12022-12-31
REGISTERED NUMBER: 00630633 (England and Wales)















APPLETON INVESTMENTS LIMITED

Financial Statements for the Year Ended 31 December 2023






APPLETON INVESTMENTS LIMITED (Registered number: 00630633)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


APPLETON INVESTMENTS LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs A G Grunwald
Mrs J Y Root





SECRETARY: Mrs A G Grunwald





REGISTERED OFFICE: 111 College Hill Road
Harrow Weald
Middlesex
HA3 7BT





REGISTERED NUMBER: 00630633 (England and Wales)





ACCOUNTANT: MGS CONSULTING
Chartered Certified Accountant & Business Adviser
111 College Hill Road
Harrow
Middlesex
HA3 7BT

APPLETON INVESTMENTS LIMITED (Registered number: 00630633)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 4,655,000 4,655,000

CURRENT ASSETS
Debtors 5 121,785 121,785
Investments 6 20,051 19,104
Cash at bank 30,878 36,380
172,714 177,269
CREDITORS
Amounts falling due within one year 7 78,676 72,811
NET CURRENT ASSETS 94,038 104,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,749,038

4,759,458

PROVISIONS FOR LIABILITIES 692,032 692,032
NET ASSETS 4,057,006 4,067,426

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 3,745,999 3,745,999
Other reserves 9 8,602 8,602
Retained earnings 9 302,305 312,725
SHAREHOLDERS' FUNDS 4,057,006 4,067,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

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.

APPLETON INVESTMENTS LIMITED (Registered number: 00630633)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 5 September 2024 and were signed on its behalf by:





Mrs A G Grunwald - Director


APPLETON INVESTMENTS LIMITED (Registered number: 00630633)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

APPLETON INVESTMENTS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Turnover
Turnover represents Rents received on the investment properties owned by the Company.

Investment properties
In accordance with SSAP 19, no depreciation is provided in respect of investment properties. This represents a departure from the Companies Act 1985 requirements to provide for the systematic annual depreciation of fixed assets. However, these properties are held for investment, rather than consumption, and the directors consider that the adoption of the above policy is necessary to give a true and fair view.

APPLETON INVESTMENTS LIMITED (Registered number: 00630633)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

4. INVESTMENT PROPERTY

£
Cost/Valuation as at 01.01.2006153,715
Revaluation Surplus during the year 20061,911,285
Revaluation Surplus During the Year 20161,855,000
Revaluation Surplus During the Year 2020735,000
4,655,000






Investment properties were valued by Strettons chartered Surveyors on the basis of open market value at £4,655,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2006 2,065,000
Valuation in 2016 1,855,000
Valuation in 2020 735,000
4,655,000

If Investment Properties had not been revalued they would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 153,715 153,715

Investment Properties were valued on an open market basis on 18 July 2020 by the Strettons Chartered Surveyors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Debtors 121,785 121,785

APPLETON INVESTMENTS LIMITED (Registered number: 00630633)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
£    £   
Listed investments 20,051 19,104

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Corporation Taxation 37,057 30,639
Social security and other taxes (3,450 ) -
Other creditors 39,572 39,574
Directors' current accounts 5,497 2,598
78,676 72,811

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained Revaluation Other
earnings reserve reserves Totals
£    £    £    £   

At 1 January 2023 312,725 3,745,999 8,602 4,067,326
Profit for the year 129,580 129,580
Dividends (140,000 ) (140,000 )
At 31 December 2023 302,305 3,745,999 8,602 4,056,906

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
Mrs A G Grunwald
Balance outstanding at start of year 2,598 (28,416 )
Amounts advanced - 31,014
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,598