Company Registration No. 05213766 (England and Wales)
City Heights (London) Limited
Unaudited accounts
for the year ended 29 February 2024
City Heights (London) Limited
Unaudited accounts
Contents
City Heights (London) Limited
Company Information
for the year ended 29 February 2024
Company Number
05213766 (England and Wales)
Registered Office
750 Sidcup Road
London
SE9 3NS
UK
Accountants
AFFLECK ACCOUNTANCY LIMITED
13 Woodside Road
Sidcup
Kent
DA15 7JG
City Heights (London) Limited
Statement of financial position
as at 29 February 2024
Tangible assets
110,407
104,905
Cash at bank and in hand
362,223
189,357
Creditors: amounts falling due within one year
(248,010)
(173,840)
Net current assets
471,856
366,876
Net assets
582,263
471,781
Called up share capital
12
12
Profit and loss account
582,251
471,769
Shareholders' funds
582,263
471,781
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by
A WEST
Director
Company Registration No. 05213766
City Heights (London) Limited
Notes to the Accounts
for the year ended 29 February 2024
City Heights (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 05213766. The registered office is 750 Sidcup Road, London, SE9 3NS, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
2,071
306,637
14,086
79,756
402,550
Additions
-
45,000
-
-
45,000
Disposals
-
(167,015)
-
-
(167,015)
At 29 February 2024
2,071
184,622
14,086
79,756
280,535
At 1 March 2023
1,578
215,369
9,464
71,234
297,645
Charge for the year
123
33,381
1,155
2,094
36,753
On disposals
-
(164,270)
-
-
(164,270)
At 29 February 2024
1,701
84,480
10,619
73,328
170,128
At 29 February 2024
370
100,142
3,467
6,428
110,407
At 28 February 2023
493
91,268
4,622
8,522
104,905
City Heights (London) Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
122,565
62,975
Deferred tax asset
2,152
2,152
Accrued income and prepayments
21,983
16,720
Other debtors
141,398
135,221
Amounts falling due after more than one year
Other debtors
10,000
25,000
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
2,777
Trade creditors
62,906
151,537
Taxes and social security
68,194
14,091
Other creditors
11,091
9,744
Loans from directors
(3,008)
(8,309)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account - P Walker
9,018
-
75
8,943
Director Loan Account - A West
(709)
-
5,226
(5,935)
At 28th February 2024 the directors owed City Heights (London) Ltd £8,943 (2023 £9,018). There are no terms attached to the loans provided to the directors and they have been provided by the company interest free
8
Transactions with related parties
During the year, the company made a loan amounting of £10,000 to a member of key management personnel. The loan is to be repaid on demand and the rate of interest charged is at 5%. At the balance sheet date, the loan was still outstanding and is presented within other debtors: amounts falling due after more than one year
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).