Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Fixed assets | |||||||
Tangible assets | 3 | ||||||
Investment property | 4 | ||||||
Current assets | |||||||
Debtors | 5 | ||||||
Cash at bank and in hand | |||||||
Creditors: amounts falling due within one year | 6 | ( |
( |
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Net current liabilities | ( |
( |
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Net assets | |||||||
Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | |||||||
Shareholder's funds | |||||||
Sajid Ghaffar | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
Turnover | ||||||||
Tangible fixed assets | ||||||||
Fixtures, fittings, tools and equipment | 20% reducing balance | |||||||
Investment property | ||||||||
The methods and significant assumptions used to ascertain the fair value at the balance sheet date and fair vale movement in the profit for the year are as follow: Properties are valued by the directors which are under development and construction at a fair value. |
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Debtors | ||||||||
Creditors | ||||||||
2 | Employees | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
3 | Tangible fixed assets | |||||||
Fixture and fittings etc. | ||||||||
£ | ||||||||
Cost | ||||||||
At 1 May 2023 | ||||||||
At 30 April 2024 | ||||||||
Depreciation | ||||||||
At 1 May 2023 | ||||||||
Charge for the year | ||||||||
At 30 April 2024 | ||||||||
Net book value | ||||||||
At 30 April 2024 | ||||||||
At 30 April 2023 | ||||||||
4 | Investment property | |||||||
Investment | ||||||||
property | ||||||||
£ | ||||||||
Fair value | ||||||||
At 1 May 2023 | ||||||||
Additions | ||||||||
At 30 April 2024 | ||||||||
Fair value | ||||||||
At 1 May 2023 | 4,602,260 | |||||||
At 30 April 2024 | 4,602,260 | |||||||
Properties are held for investment purposes and as such they are not depreciated. Such properties are not held for consumption but for investment and the directors consider that to depreciate them would not give a true and fair view. The value of the properties, which have been included at a fair value valuation and have been considered by the directors. |
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5 | Debtors | 2024 | 2023 | |||||
£ | £ | |||||||
Trade debtors | - | |||||||
VAT | - | |||||||
6 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Related party transactions | ||||||||
Directors' current accounts | ||||||||
VAT and Corporation Tax | - | |||||||
Other creditors | ||||||||
7 | Director's advances, credits and gurantees | |||||||
Balance b/f | 2,186,403 | |||||||
Amounts introduced | 256,000 | |||||||
Ammounts withdrawn | - | |||||||
Balance c/f | 2,442,403 | |||||||
8 | Related party transactions | |||||||
9 | Controlling party | |||||||
10 | Other information | |||||||
HARLECH COURT LIMITED is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
158 Whitchurch Road | ||||||||
Cardiff | ||||||||
Wales | ||||||||
CF14 3NA |