REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
Kingston Gorse Estate (Sussex) Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2024 |
for |
Kingston Gorse Estate (Sussex) Limited |
Kingston Gorse Estate (Sussex) Limited (Registered number: 00269507) |
Contents of the Financial Statements |
for the Year Ended 31 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Kingston Gorse Estate (Sussex) Limited |
Company Information |
for the Year Ended 31 March 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
41b Beach Road |
Littlehampton |
West Sussex |
BN17 5JA |
Kingston Gorse Estate (Sussex) Limited (Registered number: 00269507) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Major works fund | 7 |
Retained earnings | 7 |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
Kingston Gorse Estate (Sussex) Limited (Registered number: 00269507) |
Notes to the Financial Statements |
for the Year Ended 31 March 2024 |
1. | STATUTORY INFORMATION |
Kingston Gorse Estate (Sussex) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the amount of rates receivable during the year from the company's plot holders and road usage charges. |
Tangible fixed assets |
Plant and machinery etc | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 1 April 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Service charge debtors |
Other debtors |
Kingston Gorse Estate (Sussex) Limited (Registered number: 00269507) |
Notes to the Financial Statements - continued |
for the Year Ended 31 March 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Service charge creditors |
Taxation and social security |
Other creditors |
7. | RESERVES |
Major |
Retained | works |
earnings | fund | Totals |
£ | £ | £ |
At 1 April 2023 | 191,730 |
Profit for the year |
Major works fund transfer | (6,090 | ) | 6,090 | - |
At 31 March 2024 | 207,233 |
8. | GREENSWARD |
The company owns certain land on the Estate which includes the Greensward and the verges and estate roads (other than Sea Lane). |
No value has been attributed to the land in the accounts, as it is considered vehicular and pedestrian rights of way over the same would effectively prevent them from being sold or developed for any consideration. |