REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements |
for the Year Ended 24 March 2024 |
for |
Anagada Park Freehold Company Limited |
REGISTERED NUMBER: |
Report of the Directors and |
Unaudited Financial Statements |
for the Year Ended 24 March 2024 |
for |
Anagada Park Freehold Company Limited |
Anagada Park Freehold Company Limited (Registered number: 03958181) |
Contents of the Financial Statements |
for the year ended 24 March 2024 |
Page |
Company Information | 1 |
Report of the Directors | 2 |
Abridged Statement of Financial Position | 3 |
Notes to the Financial Statements | 5 |
Anagada Park Freehold Company Limited |
Company Information |
for the year ended 24 March 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Stanley House |
49 Dartford Road |
Sevenoaks |
Kent |
TN13 3TE |
Anagada Park Freehold Company Limited (Registered number: 03958181) |
Report of the Directors |
for the year ended 24 March 2024 |
The directors present their report with the financial statements of the company for the year ended 24 March 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of the ownership and maintenance of the freehold property, 38 Lancaster Road, London. |
DIRECTORS |
The directors shown below have held office during the whole of the period from 25 March 2023 to the date of this report. |
Other changes in directors holding office are as follows: |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
Anagada Park Freehold Company Limited (Registered number: 03958181) |
Abridged Statement of Financial Position |
24 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Freehold Reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Anagada Park Freehold Company Limited (Registered number: 03958181) |
Abridged Statement of Financial Position - continued |
24 March 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
Anagada Park Freehold Company Limited (Registered number: 03958181) |
Notes to the Financial Statements |
for the year ended 24 March 2024 |
1. | STATUTORY INFORMATION |
Anagada Park Freehold Company Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Analysis of income |
The income of the company is represented by the levies receivable from the residents of the flats by way of charges for maintenance, and all arose within the UK. |
Tangible fixed assets |
Fixed assets are stated at historical cost. |
The company does not depreciate its freehold buildings as required by the Companies Act 2006 . The nature of the company's business and the regulatory environment in which it operates means that the company has to carry out a regular programme of maintenance to ensure its premises continue to meet the required high standards throughout its estimated useful life. In the opinion of the directors the effect of this maintenance is that the estimated residual value of the freehold buildings is never less than cost and so the total amount that would be subject to depreciation is not material. |
If depreciation were provided the profit before and after tax would be reduced and there would be an equivalent reduction in the value of the tangible fixed assets and retained profit and balance sheet total. Had depreciation been charged the charge for the year would have been £495 based on a straight line basis to write off the cost over 50 years. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 25 March 2023 |
and 24 March 2024 |
NET BOOK VALUE |
At 24 March 2024 |
At 24 March 2023 |
5. | ULTIMATE CONTROLLING PARTY |
The controlling party is The board of directors. |