Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 March 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Investment property | 4 | |||||||
Current assets | ||||||||
Debtors | 5 | |||||||
Cash at bank and on hand | ||||||||
Prepayments and accrued income | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ||||||||
Creditors amounts falling due after one year | 7 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Revaluation reserve | ||||||||
Profit and loss account | ( | ( | ||||||
Shareholders' funds | 9 |
The financial statements were approved and authorised for issue by the Board of Directors on 21 November 2024, and are signed on its behalf by: |
Director Registered Company No. 08658597 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Current taxation | |
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Deferred tax | |
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Investment property | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Deferred tax |
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Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised. |
4. | Investment property |
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The Investment properties are carried at fair value. Revaluation surpluses are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the properties are sold. FRS 102 requires valuation at fair value, unless fair value cannot be obtained without undue cost or effort, gains to be recognised in the Profit & Loss and deferred tax provided. |
£ | ||
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Fair value at 01 April 23 | ||
At 31 March 24 |
5. | Debtors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Other debtors | ||||
Total |
6. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Other creditors | ||||
Total |
7. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
8. | Provisions for liabilities |
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9. | Fair value reserve |
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£ | ||
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Fair value reserve at 01 April 23 | ||
At 31 March 24 |
10. | Further information regarding the company's financial position |
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