Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 December 2023
Directors | |
Registered Address | |
Registered Number |
Notes | 2023 | 2022 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Investment property | 4 | |||||||
Current assets | ||||||||
Debtors | ||||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 5 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ( | |||||||
Shareholders' funds |
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: |
Director Registered Company No. 11738643 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Judgements and key sources of estimation uncertainty | |
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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 | |
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Interest income | |
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Interest income is recognised using the effective interest rate method. |
Foreign currency translation | |
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Current taxation | |
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Deferred tax | |
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Investment property | |
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Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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Financial instruments | |
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2. | Average number of employees |
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2023 | 2022 | |||
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Average number of employees during the year |
3. | Further information regarding the company's income |
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4. | Investment property |
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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". |
£ | ||
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Fair value at 01 January 23 | ||
Fair value adjustments | ( | |
At 31 December 23 |
5. | Creditors: amounts due within one year |
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2023 | 2022 | |||
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£ | £ | |||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |