Registered number
03725773
127 Stoke Newington Road Limited
Filleted Accounts
31 March 2024
127 Stoke Newington Road Limited
Registered number: 03725773
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 7,500 7,500
Current assets
Debtors 4 545 545
Net current assets 545 545
Net assets 8,045 8,045
Capital and reserves
Revaluation reserve 5 7,500 7,500
Profit and loss account 545 545
Shareholders' funds 8,045 8,045
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.
D G Quilton
Director
Approved by the board on 5 November 2024
127 Stoke Newington Road Limited
Notes to the Accounts
for the year ended 31 March 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
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2023 7,500
At 31 March 2024 7,500
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 7,500
At 31 March 2023 7,500
4 Debtors 2024 2023
£ £
Other debtors 545 545
5 Other reserve 2024 2023
£ £
At 1 April 2023 7,500 7,500
At 31 March 2024 7,500 7,500
6 Related party transactions
There are no related party transactions during the year.
7 Limited by Guarantee
Every member of the company undertakes to contribuite a sum not exceeding £1 to the asset of the company if it is wound up during his, her or its membership or within one year afterwards.
8 Controlling party
In the opinion of the directors there is no ultimate controlling party.
9 Leaseholders income and expenditure 2024 2023
£ £
Income
Ground rent -
Service charges 13,619 13,619
Recharged expenses -
Bank interest receivable -
13,619 13,619
Expenditure
Light and heat (435) (237)
Cleaning (780) (845)
Repairs (7,935) (2,612)
Insurance (1,170) (2,358)
Accountancy (708) (708)
Bank charges (20) (18)
Legal fees - (4,797)
Sundry (36) -
2,535 2,044
10 Leaseholders balance sheet 2024 2023
£ £
Assets:
Cash at bank 35,069 36,048
Prepayments 1,799 -
Service charges debtors 11,897 9,912
48,765 45,960
Less Liabilities:
Trade creditors - -
Accruals (1,343) (1,344)
Prepaid service charges (10,214) (9,943)
Other creditors (545) (545)
(12,102) (11,832)
Net Assets: 36,663 34,128
Reserves:
Surplus/(Deficit) for the year 2,535 2,044
Reserves brought forward 34,128 32,084
Total Reserve 36,663 34,128
11 Other information
127 Stoke Newington Road Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Regent Suite , 1 Old Court Mews
311a Chase Road
London
N14 6JS
127 Stoke Newington Road Limited 03725773 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 D G Quilton No description of principal activity 03725773 2022-04-01 2023-03-31 03725773 core:OtherReservesSubtotal 2023-03-31 03725773 core:RetainedEarningsAccumulatedLosses 2023-03-31 03725773 core:RevaluationReserve 2022-03-31 03725773 2023-04-01 2024-03-31 03725773 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03725773 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03725773 bus:Director40 2023-04-01 2024-03-31 03725773 countries:England 2023-04-01 2024-03-31 03725773 bus:FRS102 2023-04-01 2024-03-31 03725773 bus:FilletedAccounts 2023-04-01 2024-03-31 03725773 2024-03-31 03725773 core:OtherReservesSubtotal 2024-03-31 03725773 core:RetainedEarningsAccumulatedLosses 2024-03-31 03725773 core:LandBuildings 2024-03-31 03725773 core:RevaluationReserve 2024-03-31 03725773 2023-03-31 03725773 core:LandBuildings 2023-03-31 03725773 core:RevaluationReserve 2023-03-31 iso4217:GBP xbrli:pure