52 Aberdeen Park (Freehold) Limited 03641657 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is residents property management Digita Accounts Production Advanced 6.30.9574.0 true true 03641657 2023-04-01 2024-03-31 03641657 2024-03-31 03641657 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 03641657 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 03641657 bus:SmallEntities 2023-04-01 2024-03-31 03641657 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 03641657 bus:FilletedAccounts 2023-04-01 2024-03-31 03641657 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03641657 bus:RegisteredOffice 2023-04-01 2024-03-31 03641657 bus:Director1 2023-04-01 2024-03-31 03641657 bus:Director3 2023-04-01 2024-03-31 03641657 bus:Director6 2023-04-01 2024-03-31 03641657 bus:Director7 2023-04-01 2024-03-31 03641657 bus:Director8 2023-04-01 2024-03-31 03641657 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03641657 bus:Agent1 2023-04-01 2024-03-31 03641657 countries:EnglandWales 2023-04-01 2024-03-31 03641657 2023-03-31 03641657 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 03641657 2022-04-01 2023-03-31 03641657 2023-03-31 03641657 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 03641657 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 03641657

52 Aberdeen Park (Freehold) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

52 Aberdeen Park (Freehold) Limited

Contents

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Unaudited Financial Statements

4 to 6

 

52 Aberdeen Park (Freehold) Limited

Company Information

Directors

Ms K Golightly

Ms D A Eaton

Dr J Krause

Mrs J Cullen

R S Stricker

Registered office

D S House
306 High Street
Croydon
Surrey
CR0 1NG

Accountants

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
52 Aberdeen Park (Freehold) Limited
for the Year Ended 31 March 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of 52 Aberdeen Park (Freehold) Limited for the year ended 31 March 2024 as set out on pages 3 to 6 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of 52 Aberdeen Park (Freehold) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of 52 Aberdeen Park (Freehold) Limited and state those matters that we have agreed to state to the Board of Directors of 52 Aberdeen Park (Freehold) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 52 Aberdeen Park (Freehold) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that 52 Aberdeen Park (Freehold) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of 52 Aberdeen Park (Freehold) Limited. You consider that 52 Aberdeen Park (Freehold) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of 52 Aberdeen Park (Freehold) 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 accounts.

......................................

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

11 September 2024

 

52 Aberdeen Park (Freehold) Limited

(Registration number: 03641657)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

13,290

13,290

Current assets

 

Cash at bank and in hand

 

4,220

8,700

Creditors: Amounts falling due within one year

5

(882)

(20,623)

Net current assets/(liabilities)

 

3,338

(11,923)

Net assets

 

16,628

1,367

Capital and reserves

 

Called up share capital

12

12

Retained earnings

16,616

1,355

Shareholders' funds

 

16,628

1,367

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 11 September 2024 and signed on its behalf by:
 

Dr J Krause
Director

   

   
 

52 Aberdeen Park (Freehold) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
D S House
306 High Street
Croydon
Surrey
CR0 1NG
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

52 Aberdeen Park (Freehold) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

2

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2023 - 5).

 

52 Aberdeen Park (Freehold) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024 (continued)

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

13,290

13,290

At 31 March 2024

13,290

13,290

Depreciation

Carrying amount

At 31 March 2024

13,290

13,290

At 31 March 2023

13,290

13,290

Included within the net book value of land and buildings above is £13,290 (2023 - £13,290) in respect of freehold land and buildings.
 

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

882

840

Other creditors

-

19,783

882

20,623