1 CARMALT GARDENS FREEHOLD LTD |
Registered number: |
06628707 |
Balance Sheet |
as at 30 June 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
20,450 |
|
|
20,450 |
|
Current assets |
Cash at bank and in hand |
|
|
5,697 |
|
|
4,088 |
|
Creditors: amounts falling due within one year |
4 |
|
(20,950) |
|
|
(20,950) |
|
Net current liabilities |
|
|
|
(15,253) |
|
|
(16,862) |
|
Net assets |
|
|
|
5,197 |
|
|
3,588 |
|
|
|
|
|
|
|
|
Capital and reserves |
Reserve account |
|
|
|
5,197 |
|
|
3,588 |
|
Accumulated funds |
|
|
|
5,197 |
|
|
3,588 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
N E Sentance |
Director |
Approved by the board on 3 October 2024 |
|
1 CARMALT GARDENS FREEHOLD LTD |
Notes to the Accounts |
for the year ended 30 June 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Service management |
|
Income represents contributions from lessees to meet service management expenses and it is therefore considered that no corporation tax is payable on any surplus. |
|
Accounts presentation |
|
|
The strict format of the Companies Act 2006 has not been followed in respect of the profit and loss account because, in the opinion of the directors, the presentation of an income and expenditure account is required in order to give a true and fair view of the company's activities, which are not carried-on with a view to profit. |
|
|
Tangible fixed assets |
|
No depreciation is calculated on freehold building. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
- |
- |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 July 2023 |
20,450 |
|
At 30 June 2024 |
20,450 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2024 |
20,450 |
|
At 30 June 2023 |
20,450 |
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
20,950 |
|
20,950 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
|
The following directors made contributions to the company with no fixed terms. The balances at 30 June 2023 and 30 June 2024 are as follows:- N E Sentance £6,817; J N Metcalf £6,817; S Y Marzolini & R E Worthalter £6,817 |
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|
6 |
Controlling party |
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|
The company is limited by guarantee, not having a share capital, and is controlled by the directors. |
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|
7 |
Other information |
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1 CARMALT GARDENS FREEHOLD LTD is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
Flat 1(B) |
|
1 Carmalt Gardens |
|
London SW15 6NQ |