113 - 123 Watling Street Company Limited |
Registered number: |
13562671 |
Balance Sheet |
as at 31 August 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
76,750 |
|
|
76,750 |
|
Creditors: amounts falling due within one year |
4 |
|
(76,745) |
|
|
(76,745) |
|
Net current liabilities |
|
|
|
(76,745) |
|
|
(76,745) |
|
Net assets |
|
|
|
5 |
|
|
5 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
5 |
|
|
5 |
|
Shareholders' funds |
|
|
|
5 |
|
|
5 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
C J Blatch |
Director |
Approved by the board on 4 January 2025 |
|
113 - 123 Watling Street Company Limited |
Notes to the Accounts |
for the year ended 31 August 2024 |
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|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. No depreciation is provided on eth freehold land and buildings as in the directors opinion, the cost value of this in excess of its net realisable value. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 September 2023 |
76,750 |
|
At 31 August 2024 |
76,750 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 August 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2024 |
76,750 |
|
At 31 August 2023 |
76,750 |
|
|
4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
76,745 |
|
76,745 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
|
Included within other creditors are interest free loans from the shareholders totalling £76,745 (2023: £76,745). These loans are repayable on demand with no fixed repayment terms. |
|
|
6 |
Controlling party |
|
|
In the opinion of the directors there is no controlling party as each of the shareholders own 20% of the issued share capital. |
|
|
7 |
Other information |
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113 - 123 Watling Street Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
72a Stratfield Road |
|
Borehamwood |
|
Hertfordshire |
|
WD6 1UR |