Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 March 2024
Directors | |
Company Secretary | Dr D S Rangar |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investment property | 4 | |||||||
Current assets | ||||||||
Debtors | 5 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 6 | ( | ( | |||||
Net current assets (liabilities) | ||||||||
Total assets less current liabilities | ||||||||
Provisions for liabilities | 7 | ( | ( | |||||
Net assets | ||||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ||||||||
Shareholders' funds | 9 |
The financial statements were approved and authorised for issue by the Board of Directors on 5 November 2024, and are signed on its behalf by: |
Director Registered Company No. 02355063 |
1. | Accounting policies |
---|
Statutory information | |
---|---|
Basis of preparation | |
---|---|
Functional and presentation currency | |
---|---|
Turnover policy | |
---|---|
Current taxation | |
---|---|
Deferred tax | |
---|---|
Tangible fixed assets and depreciation | |
---|---|
Reducing balance (%) | ||
---|---|---|
Fixtures and fittings |
Investment property | |
---|---|
Trade and other debtors | |
---|---|
Trade and other creditors | |
---|---|
Financial instruments | |
---|---|
2. | Average number of employees |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
Average number of employees during the year |
3. | Tangible fixed assets |
---|---|
Fixtures & fittings | Total | |||
---|---|---|---|---|
£ | £ | |||
Cost or valuation | ||||
At 01 April 23 | ||||
At 31 March 24 | ||||
Depreciation and impairment | ||||
At 01 April 23 | ||||
Charge for year | ||||
At 31 March 24 | ||||
Net book value | ||||
At 31 March 24 | ||||
At 31 March 23 |
4. | Investment property |
---|---|
The investment properties were revalued by the directors at 31 March 2024, at market value for existing use. The directors consider this to be a fair representation of fair value at the year end. On a historical cost basis these would have been included at an original cost of £648,035 (2023: £738,035). |
£ | ||
---|---|---|
Fair value at 01 April 23 | ||
Disposals | ( | |
At 31 March 24 |
5. | Debtors: amounts due within one year |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade debtors / trade receivables | ||||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
6. | Creditors: amounts due within one year |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Trade creditors / trade payables | ||||
Taxation and social security | ||||
Other creditors | ||||
Accrued liabilities and deferred income | ||||
Total |
7. | Provisions for liabilities |
---|---|
2024 | 2023 | |||
---|---|---|---|---|
£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
8. | Directors advances, credits and guarantees |
---|---|
9. | Fair value reserve |
---|---|
Other reserves represent the unrealised fair value surplus created when the investment properties were revalued, less any deferred tax provision. The reserve represents non distributable funds. |
£ | ||
---|---|---|
Fair value reserve at 01 April 23 | ||
Transferred in period | ||
At 31 March 24 |
10. | Related party transactions |
---|---|