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REGISTERED NUMBER: 10346619 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

8 CAMDEN ROAD LIMITED

8 CAMDEN ROAD LIMITED (REGISTERED NUMBER: 10346619)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


8 CAMDEN ROAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr D A Liveras
Mrs L A Liveras-Hilali





REGISTERED OFFICE: Southgate Office Village
Block F, First Floor
288 Chase Road
London
N14 6HF





REGISTERED NUMBER: 10346619 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

8 CAMDEN ROAD LIMITED (REGISTERED NUMBER: 10346619)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,956 4,945
Investment property 5 3,006,481 3,005,362
3,010,437 3,010,307

CURRENT ASSETS
Debtors 6 - 41,423
Cash at bank and in hand 45,063 21,225
45,063 62,648
CREDITORS
Amounts falling due within one year 7 3,129,550 3,055,801
NET CURRENT LIABILITIES (3,084,487 ) (2,993,153 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(74,050

)

17,154

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (74,150 ) 17,054
SHAREHOLDERS' FUNDS (74,050 ) 17,154

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

8 CAMDEN ROAD LIMITED (REGISTERED NUMBER: 10346619)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





Mr D A Liveras - Director


8 CAMDEN ROAD LIMITED (REGISTERED NUMBER: 10346619)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

8 Camden Road Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

8 CAMDEN ROAD LIMITED (REGISTERED NUMBER: 10346619)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 11,110
DEPRECIATION
At 1 April 2023 6,165
Charge for year 989
At 31 March 2024 7,154
NET BOOK VALUE
At 31 March 2024 3,956
At 31 March 2023 4,945

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 3,005,362
Additions 1,119
At 31 March 2024 3,006,481
NET BOOK VALUE
At 31 March 2024 3,006,481
At 31 March 2023 3,005,362

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts due from related party - 41,423

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts (see note 8) 1,684,000 1,700,008
Trade creditors 4,445 3,332
VAT 5,104 4,135
Amounts due to related party 1,432,396 1,344,721
Directors' current accounts 1,605 1,605
Accrued expenses 2,000 2,000
3,129,550 3,055,801

8 CAMDEN ROAD LIMITED (REGISTERED NUMBER: 10346619)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. LOANS

An analysis of the maturity of loans is given below:

31.3.24 31.3.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 8
Bank loans 1,684,000 1,700,000
1,684,000 1,700,008

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 1,684,000 1,700,000

The bank loan is secured against the company's property.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 100 100