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REGISTERED NUMBER: 03121146 (England)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

FOUNDRY HOUSE (FREEHOLD) LIMITED

FOUNDRY HOUSE (FREEHOLD) LIMITED (REGISTERED NUMBER: 03121146)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FOUNDRY HOUSE (FREEHOLD) LIMITED

COMPANY INFORMATION
For The Year Ended 30 November 2023







DIRECTORS: V O'Brien
J Soave





SECRETARY: Hertford Company Secretaries Limited





REGISTERED OFFICE: RMG House
Essex Road
Hoddesdon
Herts
EN11 0DR





REGISTERED NUMBER: 03121146 (England)





ACCOUNTANTS: TC Group
6-7 Castle Gate,
Castle Street
Hertford
Hertfordshire
SG14 1HD

FOUNDRY HOUSE (FREEHOLD) LIMITED (REGISTERED NUMBER: 03121146)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,800 29,800

CURRENT ASSETS
Debtors 5 6,295 3,161
Cash at bank and in hand 16,648 29,210
22,943 32,371
CREDITORS
Amounts falling due within one year 6 4,126 5,329
NET CURRENT ASSETS 18,817 27,042
TOTAL ASSETS LESS CURRENT LIABILITIES 48,617 56,842

CAPITAL AND RESERVES
Called up share capital 17 17
Retained earnings 48,600 56,825
48,617 56,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2024 and were signed on its behalf by:





V O'Brien - Director


FOUNDRY HOUSE (FREEHOLD) LIMITED (REGISTERED NUMBER: 03121146)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 November 2023


1. STATUTORY INFORMATION

Foundry House (Freehold) Limited is a private company, limited by shares , registered in England. 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
The property is held for investment and not for consumption and the directors consider that to depreciate it would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which otherwise would have been charged cannot be separately identified or quantified. The directors consider that this policy results in the accounts giving a true and fair view.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

FOUNDRY HOUSE (FREEHOLD) LIMITED (REGISTERED NUMBER: 03121146)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 November 2023


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 December 2022
and 30 November 2023 29,800
NET BOOK VALUE
At 30 November 2023 29,800
At 30 November 2022 29,800

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 498 3,161
Other debtors 5,797 -
6,295 3,161

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 1,622 1,408
Other creditors 2,504 3,921
4,126 5,329