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REGISTERED NUMBER: 14580479 (England and Wales)















Unaudited Financial Statements

for the Period 9 January 2023 to 31 March 2024

for

109 Bath Street Limited

109 Bath Street Limited (Registered number: 14580479)






Contents of the Financial Statements
for the Period 9 January 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

109 Bath Street Limited

Company Information
for the Period 9 January 2023 to 31 March 2024







DIRECTORS: R G Adams
D C Blacker





REGISTERED OFFICE: Hilton Hall Business Centre, Hilton Hall
Essington
Wolverhampton
West Midlands
WV11 2BQ





REGISTERED NUMBER: 14580479 (England and Wales)





ACCOUNTANTS: Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD

109 Bath Street Limited (Registered number: 14580479)

Balance Sheet
31 March 2024

Notes £   
FIXED ASSETS
Tangible assets 4 4,706
Investment property 5 305,679
310,385

CURRENT ASSETS
Cash at bank and in hand 3,589

CREDITORS
Amounts falling due within one year 6 (180,870 )
NET CURRENT LIABILITIES (177,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,104

CREDITORS
Amounts falling due after more than one
year

7

(139,624

)
NET LIABILITIES (6,520 )

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings (6,620 )
SHAREHOLDERS' FUNDS (6,520 )

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

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

The directors acknowledge their 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.

109 Bath Street Limited (Registered number: 14580479)

Balance Sheet - continued
31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 January 2025 and were signed on its behalf by:





D C Blacker - Director


109 Bath Street Limited (Registered number: 14580479)

Notes to the Financial Statements
for the Period 9 January 2023 to 31 March 2024

1. STATUTORY INFORMATION

109 Bath Street 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Rental income
Rental income from investment properties is recognized on a straight-line basis over the term of the lease.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost

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 period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The financial statements have been prepared on a going concern basis, which places reliance on the continued support of the company's directors and shareholders.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

109 Bath Street Limited (Registered number: 14580479)

Notes to the Financial Statements - continued
for the Period 9 January 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 5,892
At 31 March 2024 5,892
DEPRECIATION
Charge for period 1,186
At 31 March 2024 1,186
NET BOOK VALUE
At 31 March 2024 4,706

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 305,679
At 31 March 2024 305,679
NET BOOK VALUE
At 31 March 2024 305,679

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to associates 50,252
Other creditors 130,618
180,870

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 139,624

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 139,624

109 Bath Street Limited (Registered number: 14580479)

Notes to the Financial Statements - continued
for the Period 9 January 2023 to 31 March 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
10 Ordinary A £1 10
45 Ordinary B £1 45
45 Ordinary C £1 45
100

The following shares were issued during the period for cash at par :

10 Ordinary A shares of £1
45 Ordinary B shares of £1
45 Ordinary C shares of £1

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
109 Bath Street Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 109 Bath Street Limited for the period ended 31 March 2024 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of 109 Bath Street Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of 109 Bath Street Limited and state those matters that we have agreed to state to the Board of Directors of 109 Bath Street Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 109 Bath Street Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that 109 Bath Street Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of 109 Bath Street Limited. You consider that 109 Bath Street Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of 109 Bath Street Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tomkinson Teal (Lichfield) LLP
Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD


2 January 2025