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Company Registration No. 08285384 (England and Wales)
Andergate Property Lettings Limited Unaudited accounts for the year ended 29 February 2024
Andergate Property Lettings Limited Unaudited accounts Contents
Page
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Andergate Property Lettings Limited Company Information for the year ended 29 February 2024
Director
JOHN KYRIAKIDES
Company Number
08285384 (England and Wales)
Registered Office
2 Queensborough Terrace London W2 3TA England
Accountants
G Finlay & Co Office 223a, Building 3 North London Business Park London N11 1GN
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Andergate Property Lettings Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
925,000 
683,181 
Current assets
Debtors
24,973 
16,873 
Cash at bank and in hand
10,914 
9,489 
35,887 
26,362 
Creditors: amounts falling due within one year
(308,565)
(287,304)
Net current liabilities
(272,678)
(260,942)
Total assets less current liabilities
652,322 
422,239 
Creditors: amounts falling due after more than one year
(363,598)
(382,048)
Provisions for liabilities
Deferred tax
(45,825)
- 
Net assets
242,899 
40,191 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
241,819 
- 
Profit and loss account
980 
40,091 
Shareholders' funds
242,899 
40,191 
For the year ending 29 February 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 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 27 November 2024 and were signed on its behalf by
JOHN KYRIAKIDES Director Company Registration No. 08285384
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Andergate Property Lettings Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Andergate Property Lettings Limited is a private company, limited by shares, registered in England and Wales, registration number 08285384. The registered office is 2 Queensborough Terrace, London, W2 3TA, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 March 2023
683,181 
Net gain from fair value adjustments
241,819 
At 29 February 2024
925,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,973 
16,873 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
960 
920 
Taxes and social security
1,575 
2,354 
Other creditors
306,030 
284,030 
308,565 
287,304 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
363,598 
382,048 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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