Company Registration No. 12006020 (England and Wales)
2nd City Housing Ltd
Unaudited accounts
for the year ended 31 May 2024
2nd City Housing Ltd
Annual report and unaudited accounts
for the year ended 31 May 2024
2nd City Housing Ltd
Company Information
for the year ended 31 May 2024
Directors
Aftab Muhammed
Dr. Ismail Patel
Company Number
12006020 (England and Wales)
Registered Office
Fairgate House 205 Kings Road
Tyseley
Birmingham
B11 2AA
United Kingdom
Accountants
AP Accountants LTD
Avon House
435 Stratford Road
Shirley
United Kingdom
B90 4AA
2nd City Housing Ltd
Statement of Financial Position
as at 31 May 2024
Fixed assets
771,673
771,733
Current assets
119,387
74,593
Creditors: amounts falling due within one year
(285,710)
(337,414)
Net current liabilities
(166,323)
(262,821)
Total assets less current liabilities
605,350
508,912
Creditors: amounts falling due after more than one year
(478,605)
(478,277)
Accruals and deferred income
(850)
(1,785)
Capital and reserves
125,895
28,850
2nd City Housing Ltd is a private company, limited by shares, registered in England and Wales, registration number 12006020. The registered office is Fairgate House 205 Kings Road, Tyseley, Birmingham, B11 2AA , United Kingdom.
2 Guarantees and other financial commitments
2nd City Housing receives rental income on properties owned by 2nd City. Hence, it is exempt from VAT.
At 31st May 2024, 2nd City Housing Creditors show bank loans (Interest only mortgages) as follows:
Precise Mortgages (363 Church Road): £224,500
Paragon Bank PLC (61 Herbert Road): £146,983
Paragon Bank PLC (63 Herbert Road): £107,122
3 Average number of employees
During the year the average number of employees was 0 (2023: 0).
2nd City Housing Ltd
Statement of Financial Position
as at 31 May 2024 (continued)
For the year ending 31 May 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 10 February 2025
Aftab Muhammed
Director
Company Registration No. 12006020