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REGISTERED NUMBER: 05335897 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

189 CALEDONIAN ROAD LIMITED

189 CALEDONIAN ROAD LIMITED (REGISTERED NUMBER: 05335897)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


189 CALEDONIAN ROAD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Mr P A G Brons-Harper





REGISTERED OFFICE: 189 Caledonian Road
Islington
London
N1 0SL





REGISTERED NUMBER: 05335897 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

189 CALEDONIAN ROAD LIMITED (REGISTERED NUMBER: 05335897)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,010,500 1,010,500

CURRENT ASSETS
Debtors 5 85,000 -
Cash at bank 22,169 125,026
107,169 125,026
CREDITORS
Amounts falling due within one year 6 53,225 75,861
NET CURRENT ASSETS 53,944 49,165
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,064,444

1,059,665

CREDITORS
Amounts falling due after more than one
year

7

(601,071

)

(589,178

)

PROVISIONS FOR LIABILITIES (29,547 ) (37,577 )
NET ASSETS 433,826 432,910

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 383,168 375,138
Retained earnings 50,558 57,672
SHAREHOLDERS' FUNDS 433,826 432,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

189 CALEDONIAN ROAD LIMITED (REGISTERED NUMBER: 05335897)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





Mr P A G Brons-Harper - Director


189 CALEDONIAN ROAD LIMITED (REGISTERED NUMBER: 05335897)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

189 Caledonian Road Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net rents receivable and services provided, excluding value added tax. Turnover is recognised when rent becomes due under the lease agreement.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

However, deferred tax assets are recognised only to the extent that the director considers that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 1,010,500
NET BOOK VALUE
At 31 January 2024 1,010,500
At 31 January 2023 1,010,500

189 CALEDONIAN ROAD LIMITED (REGISTERED NUMBER: 05335897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. INVESTMENT PROPERTY - continued


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 35,000 -
Related party 50,000 -
85,000 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 2,970 20,880
Taxation and social security - 2,842
Other creditors 50,255 52,139
53,225 75,861

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 601,071 589,178

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 596,808 446,809

Repayable by instalments
Bank loans more 5 yr by instal - 58,849

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank loans 604,041 610,058

The bank loans are secured against all the company assets and any rental income receivable.

189 CALEDONIAN ROAD LIMITED (REGISTERED NUMBER: 05335897)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


9. RESERVES
Fair
value
reserve
£   
At 1 February 2023 375,138
Fair value reserve 8,030

At 31 January 2024 383,168

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P A G Brons-Harper.