Registered number | |
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Report and Unaudited Accounts | ||
for the year ended | ||
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Company Information
Directors' Report
The directors submit the report and financial statements for the year ended
Directors
The directors shown below held office during the whole of the accounting period:
Mrs A Ehrenstein
Ms L Ehrenstein
This report was approved by the board on
..........................
Mrs A Ehrenstein
Director
Profit and Loss Account
for the year ended
Notes | 2024 £ |
2023 £ |
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Turnover | 1 |
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Cost of sales |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Operating profit/(loss) |
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Interest payable and similar charges |
( |
( |
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Profit/(loss) on ordinary activities before taxation | 2 |
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Tax on ordinary activities | 3 |
( |
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Profit/(loss) on ordinary activities after taxation |
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Balance Sheet as at |
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Notes |
2024 £ |
2023 £ |
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Fixed assets | |||||
Tangible assets | 5 |
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Current assets | |||||
Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 7 | ( |
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Net current assets / (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 8 | ( |
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Provisions for liabilities | ( |
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Total net assets (liabilities) |
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Capital and reserves | |||||
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders' funds |
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Balance Sheet
as at
Signed on behalf of the board of directors
...............................
Mrs A Ehrenstein
Director
Approved by the board on
Company Number: 01868761 (a Private Company Limited by Shares registered in England and Wales)
Registered Office:
16 Great Queen Street
Notes to the Accounts
for the year ended
1. | Accounting policies |
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Basis of preparation of financial statements |
Going concern basis | |
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The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future. |
Revenue recognition | |
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2. | Profit or loss | |||
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Profit before tax is stated after charging the following: |
2024 |
2023 |
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£ | £ | |||
3. | Taxation | |||
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2024 | 2023 | |||
£ | £ | |||
UK Corporation Tax | 83,380 | 109,983 | ||
Tax on profit/(loss) on ordinary activities | 83,380 | 109,983 | ||
4. | Employees | |||
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2024 | 2023 | |||
Average number of employees during the period |
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5. | Tangible fixed assets | |||
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Land & buildings | Total | |||
Cost or valuation | £ | £ | ||
At 1 March 2023 |
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Revaluations |
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At 29 February 2024 |
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Depreciation | ||||
At 29 February 2024 |
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Net book value | ||||
At 29 February 2024 |
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At 28 February 2023 |
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The valuation of the company's freehold property in Baker Street which is open as the Sherlock Holmes Museum is based on an MV1 valuation of £10 million which was given on 25 June 2015 by Taylors Business Sureveyors and Valuers. |
6. | Debtors | |||
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2024 | 2023 | |||
£ | £ | |||
Other debtors |
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7. | Creditors: amounts falling due within one year | |||
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2024 | 2023 | |||
£ | £ | |||
Trade creditors |
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Taxation & social security |
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8. | Creditors: amounts falling due after one year | |||
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2024 | 2023 | |||
£ | £ | |||
Bank Loans & overdrafts |
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. | . | 2024 £ |
. | 2023 £ |
Sales | ||||
Continuing Operations | ||||
Basic sales revenue | 788,220 | 937,500 | ||
Grants and subsidies received | - | 4,000 | ||
Other trading income | - | 1,500 | ||
788,220 | 943,000 | |||
Cost of Sales | ||||
0 | 0 | |||
Administrative Expenses | ||||
Premise Costs | ||||
Rent of premises | 151,609 | 118,304 | ||
Rates on premises | 25,676 | 27,444 | ||
Utility charges | 24,078 | 11,305 | ||
Insurance on premises | 5,891 | 4,753 | ||
207,254 | 161,806 | |||
General | ||||
Repairs, renewals and maintenance | - | 56,752 | ||
Hire and leasing of plant, equipment and vehicles | 7,179 | - | ||
7,179 | 56,752 | |||
Legal & Professional | ||||
Legal fees | 26,535 | 42,065 | ||
Accountancy fees | 3,481 | 3,700 | ||
30,016 | 45,765 | |||
Finance Charges | ||||
Bank charges | 666 | 1,492 | ||
Leases and hire purchase contracts | - | 8,828 | ||
666 | 10,320 | |||
245,115 | 274,643 | |||
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Operating Profit | 543,105 | 668,357 |