Company Registration No. 15216946 (England and Wales)
Notley Property Ltd
Unaudited accounts
for the period from 17 October 2023 to 31 October 2024
Notley Property Ltd
Unaudited accounts
Contents
Notley Property Ltd
Company Information
for the period from 17 October 2023 to 31 October 2024
Directors
M P Radic-Saunders
Z M Radic-Saunders
Company Number
15216946 (England and Wales)
Registered Office
16 Dukes Avenue
Theydon Bois
Epping
CM16 7HE
Notley Property Ltd
Statement of financial position
as at 31 October 2024
Investment property
799,749
Cash at bank and in hand
4,239
Creditors: amounts falling due within one year
(312)
Total assets less current liabilities
822,218
Creditors: amounts falling due after more than one year
(828,061)
Profit and loss account
(5,845)
Shareholders' funds
(5,843)
For the period ending 31 October 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 22 November 2024 and were signed on its behalf by
Z M Radic-Saunders
Director
Company Registration No. 15216946
Notley Property Ltd
Notes to the Accounts
for the period from 17 October 2023 to 31 October 2024
Notley Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 15216946. The registered office is 16 Dukes Avenue, Theydon Bois, Epping, CM16 7HE.
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.
These financial statements for the period from 17 October 2023 to 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 17 October 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
At 31 October 2024
799,749
Amounts falling due after more than one year
Notley Property Ltd
Notes to the Accounts
for the period from 17 October 2023 to 31 October 2024
6
Creditors: amounts falling due within one year
2024
7
Creditors: amounts falling due after more than one year
2024
Loans from directors
369,977
8
Average number of employees
During the period the average number of employees was 0.