Registered number
13128868
8 Montpelier Grove Limited
Filleted Accounts
31 January 2024
8 Montpelier Grove Limited
Registered number: 13128868
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 562 158
Creditors: amounts falling due within one year 3 (651) (652)
Net current liabilities (89) (494)
Net liabilities (89) (494)
Capital and reserves
Called up share capital 4 4
Profit and loss account (93) (498)
Shareholders' funds (89) (494)
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 members have 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.
Vanessa Theos
Director
Approved by the board on 19 October 2024
8 Montpelier Grove Limited
Notes to the Accounts
for the year ended 31 January 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).
Turnover
The company is mutual trading entity, trading soley for the benefit of its shareholder and therefore has no taxable turnover and no taxable profit, other than its investment income, which is taxed at the trust tax rate
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
There was no pension provision for the directors and the company has no employee.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 651 652
4 Related party transactions
There are no related parties nor is there any ultimate controlling party.
5 Controlling party
The director receive no fees nor has any interest in any contracts with the company, apart from their occupying flats within the property.
6 Other information
8 Montpelier Grove Limited is a private company limited by shares and incorporated in England. Its registered office is:
8 Montpelier Grove
London
NW5 2XD
8 Montpelier Grove Limited 13128868 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts April 2024 Vanessa Theos No description of principal activity 13128868 2022-02-01 2023-01-31 13128868 core:WithinOneYear 2023-01-31 13128868 core:ShareCapital 2023-01-31 13128868 core:RetainedEarningsAccumulatedLosses 2023-01-31 13128868 2023-02-01 2024-01-31 13128868 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13128868 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13128868 bus:Director40 2023-02-01 2024-01-31 13128868 countries:England 2023-02-01 2024-01-31 13128868 bus:FRS102 2023-02-01 2024-01-31 13128868 bus:FilletedAccounts 2023-02-01 2024-01-31 13128868 2024-01-31 13128868 core:WithinOneYear 2024-01-31 13128868 core:ShareCapital 2024-01-31 13128868 core:RetainedEarningsAccumulatedLosses 2024-01-31 13128868 2023-01-31 iso4217:GBP xbrli:pure