Company registration number 08045682 (England and Wales)
61 CADOGAN SQUARE (FREEHOLD) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
61 CADOGAN SQUARE (FREEHOLD) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 4
61 CADOGAN SQUARE (FREEHOLD) LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
368,285
368,285
Current assets
Debtors
4
646
467
Cash at bank and in hand
1,948
1,707
2,594
2,174
Creditors: amounts falling due within one year
5
(12,172)
(11,632)
Net current liabilities
(9,578)
(9,458)
Total assets less current liabilities
358,707
358,827
Creditors: amounts falling due after more than one year
6
(359,869)
(359,869)
Net liabilities
(1,162)
(1,042)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(1,164)
(1,044)
Total equity
(1,162)
(1,042)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
61 CADOGAN SQUARE (FREEHOLD) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 21 October 2024 and are signed on its behalf by:
Mr IJ Gaunt
Sir WR Worsley
Director
Director
Company Registration No. 08045682
61 CADOGAN SQUARE (FREEHOLD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 3 -
1
Accounting policies
Company information
61 Cadogan Square (Freehold) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, 114a Cromwell Road, London, SW7 4AG.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
The company only has financial instruments of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and are subsequently measured at their settlement value.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
61 CADOGAN SQUARE (FREEHOLD) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 4 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 May 2023 and 30 April 2024
368,285
Depreciation and impairment
At 1 May 2023 and 30 April 2024
Carrying amount
At 30 April 2024
368,285
At 30 April 2023
368,285
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
646
467
5
Creditors: amounts falling due within one year
2024
2023
£
£
61 Cadogan Square service charge
-
731
Copefringe Limited
10,372
9,388
Accrued expenses
1,800
1,513
12,172
11,632
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Contributions to purchase freehold
359,869
359,869