Company Registration No. 13983656 (England and Wales)
Century Tower (Spv) Ltd
Unaudited accounts
for the year ended 31 March 2024
Century Tower (Spv) Ltd
Unaudited accounts
Contents
Century Tower (Spv) Ltd
Company Information
for the year ended 31 March 2024
Directors
Todd Sawyer
Annabel Sawyer
Company Number
13983656 (England and Wales)
Registered Office
WALNUT COTTAGE
CHELMSFORD RD
DUNMOW
ESSEX
CM6 1RF
ENGLAND
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Century Tower (Spv) Ltd
Statement of financial position
as at 31 March 2024
Investment property
250,791
250,791
Cash at bank and in hand
7,301
1,844
Creditors: amounts falling due within one year
(80,621)
(73,101)
Net current liabilities
(68,416)
(71,257)
Total assets less current liabilities
182,375
179,534
Creditors: amounts falling due after more than one year
(179,120)
(179,120)
Called up share capital
120
120
Profit and loss account
3,135
294
Shareholders' funds
3,255
414
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2024 and were signed on its behalf by
Todd Sawyer
Director
Company Registration No. 13983656
Century Tower (Spv) Ltd
Notes to the Accounts
for the year ended 31 March 2024
Century Tower (Spv) Ltd is a private company, limited by shares, registered in England and Wales, registration number 13983656. The registered office is WALNUT COTTAGE, CHELMSFORD RD, DUNMOW, ESSEX, CM6 1RF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2023
250,791
Amounts falling due within one year
Accrued income and prepayments
4,904
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
666
69
Loans from directors
73,057
72,733
Century Tower (Spv) Ltd
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
179,120
179,120
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).