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REGISTERED NUMBER: 09511882 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD

1 JANUARY 2023 TO 29 DECEMBER 2023

FOR

9 ROSARY GARDENS SW7 4NN LIMITED

9 ROSARY GARDENS SW7 4NN LIMITED (REGISTERED NUMBER: 09511882)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 29 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Accountants' Report 6

9 ROSARY GARDENS SW7 4NN LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2023 TO 29 DECEMBER 2023







DIRECTOR: L C Freilich





SECRETARY: B Grossman





REGISTERED OFFICE: 5 Sentinel Square
Hendon
London
NW4 2EL





REGISTERED NUMBER: 09511882 (England and Wales)





ACCOUNTANTS: MGR Paris Limited
Chartered Accountants
Russell House
140 High Street
Edgware
HA8 7LW

9 ROSARY GARDENS SW7 4NN LIMITED (REGISTERED NUMBER: 09511882)

BALANCE SHEET
29 DECEMBER 2023

29.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investment property 4 2,640 2,640

CURRENT ASSETS
Debtors 5 12,735 12,735
Cash in hand 100 100
12,835 12,835
CREDITORS
Amounts falling due within one year 6 (2,876 ) (2,877 )
NET CURRENT ASSETS 9,959 9,958
TOTAL ASSETS LESS CURRENT LIABILITIES 12,599 12,598

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 12,499 12,498
SHAREHOLDERS' FUNDS 12,599 12,598

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 24 September 2024 and were signed by:




L C Freilich - Director


9 ROSARY GARDENS SW7 4NN LIMITED (REGISTERED NUMBER: 09511882)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 29 DECEMBER 2023


1. STATUTORY INFORMATION

9 Rosary Gardens SW7 4NN 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.

The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest pound.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
No depreciation is provided in respect of these properties in accordance with FRS102 Section 1A.. This is a departure from the requirements of the Companies Act 2006 that depreciation is charged to systematically write off the cost of assets over their useful economic lives. These properties are held primarily for investment and any trading income derived from them is incidental. As such, the director considers depreciation of these properties to be inappropriate. The policy adopted is considered necessary for the financial statements to give a true and fair view.

Taxation
Taxation for the period 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.

9 ROSARY GARDENS SW7 4NN LIMITED (REGISTERED NUMBER: 09511882)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 29 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Basic financial assets
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction and where material are subsequently measured at amortised cost using the effective interest method, less any impairment.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event. It is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 29 December 2023 2,640
NET BOOK VALUE
At 29 December 2023 2,640
At 31 December 2022 2,640

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.23 31.12.22
£    £   
Trade debtors 150 150
Amounts owed by group undertakings 12,510 12,510
Other debtors 75 75
12,735 12,735

9 ROSARY GARDENS SW7 4NN LIMITED (REGISTERED NUMBER: 09511882)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 29 DECEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.23 31.12.22
£    £   
Trade creditors (1 ) -
Taxation and social security 2,277 2,277
Other creditors 600 600
2,876 2,877

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.12.23 31.12.22
value: £    £   
100 ordinary 1 100 100

8. RESERVES
Retained
earnings
£   

At 1 January 2023 12,498
Profit for the period 1
At 29 December 2023 12,499

9. ULTIMATE PARENT COMPANY

The Moreland Property Group is regarded by the director as being the ultimate parent company.

ULTIMATE CONTROLLING PARTY

The director considers the ultimate controlling party of the company to be the board of the Moreland Property Group Limited.

ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
9 ROSARY GARDENS SW7 4NN LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 9 Rosary Gardens SW7 4NN Limited for the period ended 29 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of 9 Rosary Gardens SW7 4NN Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 9 Rosary Gardens SW7 4NN Limited and state those matters that we have agreed to state to the director of 9 Rosary Gardens SW7 4NN Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 9 Rosary Gardens SW7 4NN Limited and its director for our work or for this report.

It is your duty to ensure that 9 Rosary Gardens SW7 4NN Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 9 Rosary Gardens SW7 4NN Limited. You consider that 9 Rosary Gardens SW7 4NN Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of 9 Rosary Gardens SW7 4NN Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






MGR Paris Limited
Chartered Accountants
Russell House
140 High Street
Edgware
HA8 7LW


24 September 2024