Company Registration No. 11943812 (England and Wales)
1 The Place Ltd
Unaudited accounts
for the year ended 31 December 2023
1 The Place Ltd
Unaudited accounts
Contents
1 The Place Ltd
Company Information
for the year ended 31 December 2023
Director
Christopher Andrew Thompson
Company Number
11943812 (England and Wales)
Registered Office
5-9 Upper Brown Street
Leicester
Leicestershire
LE1 5TE
1 The Place Ltd
Statement of financial position
as at 31 December 2023
Called up share capital not paid
100
-
Tangible assets
1,656,168
1,656,168
Cash at bank and in hand
-
58,397
Creditors: amounts falling due within one year
(1,710,754)
(977,042)
Net current liabilities
(1,178,538)
(785,101)
Total assets less current liabilities
477,730
871,067
Creditors: amounts falling due after more than one year
(5,006,535)
(5,327,838)
Net liabilities
(4,528,805)
(4,456,771)
Called up share capital
100
1
Profit and loss account
(4,528,905)
(4,456,772)
Shareholders' funds
(4,528,805)
(4,456,771)
For the year ending 31 December 2023 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 director acknowledges his 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 and authorised for issue on 19 September 2024 and were signed on its behalf by
Christopher Andrew Thompson
Director
Company Registration No. 11943812
1 The Place Ltd
Notes to the Accounts
for the year ended 31 December 2023
1 The Place Ltd is a private company, limited by shares, registered in England and Wales, registration number 11943812. The registered office is 5-9 Upper Brown Street, Leicester, Leicestershire, LE1 5TE.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,350,400
305,768
1,656,168
At 31 December 2023
1,350,400
305,768
1,656,168
At 31 December 2023
1,350,400
305,768
1,656,168
At 31 December 2022
1,350,400
305,768
1,656,168
Amounts falling due within one year
Trade debtors
73,837
47,995
Accrued income and prepayments
5,765
-
Other debtors
442,399
3,518
1 The Place Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
954,555
752,162
Trade creditors
35,375
56,246
Amounts owed to group undertakings and other participating interests
-
28,600
Taxes and social security
-
22,244
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
5,006,535
5,327,838
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).