2023-01-012023-12-312023-12-31false11738643YORK HOUSE (CHELSEA) PORTER'S FLAT LIMITED2024-09-16iso4217:GBPxbrli:pure117386432023-01-01117386432023-12-31117386432023-01-012023-12-31117386432022-01-01117386432022-12-31117386432022-01-012022-12-3111738643bus:SmallEntities2023-01-012023-12-3111738643bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3111738643bus:FullAccounts2023-01-012023-12-3111738643bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111738643core:WithinOneYear2023-12-3111738643core:AfterOneYear2023-12-3111738643core:WithinOneYear2022-12-3111738643core:AfterOneYear2022-12-3111738643core:ShareCapital2023-12-3111738643core:SharePremium2023-12-3111738643core:RevaluationReserve2023-12-3111738643core:OtherReservesSubtotal2023-12-3111738643core:RetainedEarningsAccumulatedLosses2023-12-3111738643core:ShareCapital2022-12-3111738643core:SharePremium2022-12-3111738643core:RevaluationReserve2022-12-3111738643core:OtherReservesSubtotal2022-12-3111738643core:RetainedEarningsAccumulatedLosses2022-12-3111738643core:LandBuildings2023-12-3111738643core:PlantMachinery2023-12-3111738643core:Vehicles2023-12-3111738643core:FurnitureFittings2023-12-3111738643core:OfficeEquipment2023-12-3111738643core:NetGoodwill2023-12-3111738643core:IntangibleAssetsOtherThanGoodwill2023-12-3111738643core:ListedExchangeTraded2023-12-3111738643core:UnlistedNon-exchangeTraded2023-12-3111738643core:LandBuildings2022-12-3111738643core:PlantMachinery2022-12-3111738643core:Vehicles2022-12-3111738643core:FurnitureFittings2022-12-3111738643core:OfficeEquipment2022-12-3111738643core:NetGoodwill2022-12-3111738643core:IntangibleAssetsOtherThanGoodwill2022-12-3111738643core:ListedExchangeTraded2022-12-3111738643core:UnlistedNon-exchangeTraded2022-12-3111738643core:LandBuildings2023-01-012023-12-3111738643core:PlantMachinery2023-01-012023-12-3111738643core:Vehicles2023-01-012023-12-3111738643core:FurnitureFittings2023-01-012023-12-3111738643core:OfficeEquipment2023-01-012023-12-3111738643core:NetGoodwill2023-01-012023-12-3111738643core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111738643core:ListedExchangeTraded2023-01-012023-12-3111738643core:UnlistedNon-exchangeTraded2023-01-012023-12-3111738643core:MoreThanFiveYears2023-01-012023-12-3111738643core:Non-currentFinancialInstruments2023-12-3111738643core:Non-currentFinancialInstruments2022-12-3111738643dpl:CostSales2023-01-012023-12-3111738643dpl:DistributionCosts2023-01-012023-12-3111738643core:LandBuildings2023-01-012023-12-3111738643core:PlantMachinery2023-01-012023-12-3111738643core:Vehicles2023-01-012023-12-3111738643core:FurnitureFittings2023-01-012023-12-3111738643core:OfficeEquipment2023-01-012023-12-3111738643dpl:AdministrativeExpenses2023-01-012023-12-3111738643core:NetGoodwill2023-01-012023-12-3111738643core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111738643dpl:GroupUndertakings2023-01-012023-12-3111738643dpl:ParticipatingInterests2023-01-012023-12-3111738643dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3111738643core:ListedExchangeTraded2023-01-012023-12-3111738643dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3111738643core:UnlistedNon-exchangeTraded2023-01-012023-12-3111738643dpl:CostSales2022-01-012022-12-3111738643dpl:DistributionCosts2022-01-012022-12-3111738643core:LandBuildings2022-01-012022-12-3111738643core:PlantMachinery2022-01-012022-12-3111738643core:Vehicles2022-01-012022-12-3111738643core:FurnitureFittings2022-01-012022-12-3111738643core:OfficeEquipment2022-01-012022-12-3111738643dpl:AdministrativeExpenses2022-01-012022-12-3111738643core:NetGoodwill2022-01-012022-12-3111738643core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3111738643dpl:GroupUndertakings2022-01-012022-12-3111738643dpl:ParticipatingInterests2022-01-012022-12-3111738643dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3111738643core:ListedExchangeTraded2022-01-012022-12-3111738643dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3111738643core:UnlistedNon-exchangeTraded2022-01-012022-12-3111738643core:NetGoodwill2023-12-3111738643core:IntangibleAssetsOtherThanGoodwill2023-12-3111738643core:LandBuildings2023-12-3111738643core:PlantMachinery2023-12-3111738643core:Vehicles2023-12-3111738643core:FurnitureFittings2023-12-3111738643core:OfficeEquipment2023-12-3111738643core:AfterOneYear2023-12-3111738643core:WithinOneYear2023-12-3111738643core:ListedExchangeTraded2023-12-3111738643core:UnlistedNon-exchangeTraded2023-12-3111738643core:ShareCapital2023-12-3111738643core:SharePremium2023-12-3111738643core:RevaluationReserve2023-12-3111738643core:OtherReservesSubtotal2023-12-3111738643core:RetainedEarningsAccumulatedLosses2023-12-3111738643core:NetGoodwill2022-12-3111738643core:IntangibleAssetsOtherThanGoodwill2022-12-3111738643core:LandBuildings2022-12-3111738643core:PlantMachinery2022-12-3111738643core:Vehicles2022-12-3111738643core:FurnitureFittings2022-12-3111738643core:OfficeEquipment2022-12-3111738643core:AfterOneYear2022-12-3111738643core:WithinOneYear2022-12-3111738643core:ListedExch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YORK HOUSE (CHELSEA) PORTER'S FLAT LIMITED

Registered Number
11738643
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

YORK HOUSE (CHELSEA) PORTER'S FLAT LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

BARKER, Bridget Caroline
EVANS, Madelaine Glynne Dervel, Dr
STILES, Robert Deverell

Registered Address

Flat 37 York House
Turks Row
London
SW3 4TH

Registered Number

11738643 (England and Wales)
YORK HOUSE (CHELSEA) PORTER'S FLAT LIMITED
Statement of Financial Position
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investment property4475,000702,629
475,000702,629
Current assets
Debtors1,807-
Cash at bank and on hand62,29454,224
64,10154,224
Creditors amounts falling due within one year5(12,407)(15,429)
Net current assets (liabilities)51,69438,795
Total assets less current liabilities526,694741,424
Net assets526,694741,424
Capital and reserves
Called up share capital702,750702,750
Profit and loss account(176,056)38,674
Shareholders' funds526,694741,424
The financial statements were approved and authorised for issue by the Board of Directors on 16 September 2024, and are signed on its behalf by:
STILES, Robert Deverell
Director
Registered Company No. 11738643
YORK HOUSE (CHELSEA) PORTER'S FLAT LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
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).
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are disclosed in the notes to the accounts.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises amounts receivable from gross rent and other property related income, which is recognised in accordance with the lease agreements signed by tenants, exclusive of Value Added Tax.
Interest income
Interest income is recognised using the effective interest rate method.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in the profit or loss. Investment properties are valued annually by the Directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Income Statement.
Trade and other 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.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other 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.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.
2.Average number of employees

20232022
Average number of employees during the year00
3.Further information regarding the company's income
The directors revalued the Investment Property during the year from £702,629 to £475,000. A loss on revaluation of £227,629 (2022 £0) was taken to the profit and loss account in the year and can be seen in the "Income Statement, Other Gain (loss) including revaluations and changes in provisions".
4.Investment property
The directors revalued the Investment Property during the year from £702,629 to £475,000. A loss on revaluation of £227,629 (2022 £0) was taken to the profit and loss account in the year and can be seen in the "Income Statement, Other Gain (loss) including revaluations and changes in provisions".

£
Fair value at 01 January 23702,629
Fair value adjustments(227,629)
At 31 December 23475,000
5.Creditors: amounts due within one year

2023

2022

££
Taxation and social security3,0326,075
Other creditors7,1337,133
Accrued liabilities and deferred income2,2422,221
Total12,40715,429