REGISTERED NUMBER: |
103 Florence Road, Freehold Company |
Limited |
Unaudited Financial Statements |
for the year ended |
30 June 2024 |
REGISTERED NUMBER: |
103 Florence Road, Freehold Company |
Limited |
Unaudited Financial Statements |
for the year ended |
30 June 2024 |
103 Florence Road, Freehold Company |
Limited (Registered number: 06930198) |
Contents of the Financial Statements |
for the year ended 30 June 2024 |
Page |
Balance Sheet | 1 | to | 2 |
Notes to the Financial Statements | 3 | to | 4 |
103 Florence Road, Freehold Company |
Limited (Registered number: 06930198) |
Balance Sheet |
30 June 2024 |
2024 | 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
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 surplus or deficit 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. |
103 Florence Road, Freehold Company |
Limited (Registered number: 06930198) |
Balance Sheet - continued |
30 June 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |
103 Florence Road, Freehold Company |
Limited (Registered number: 06930198) |
Notes to the Financial Statements |
for the year ended 30 June 2024 |
1. | STATUTORY INFORMATION |
103 Florence Road, Freehold Company Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents each resident's contribution to the general maintenance and running of the property. |
Tangible fixed assets |
Taxation |
No liability to UK corporation tax arose on ordinary activities for the year ended 30 June 2023 nor for the year ended 30 June 2024. |
The company is a mutual trading company and no corporation tax arises in respect of transactions with the members. |
For the year ending 30 June 2024, corporation tax was incurred on a capital gain arising from the company receiving a premium for a lease extension. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
103 Florence Road, Freehold Company |
Limited (Registered number: 06930198) |
Notes to the Financial Statements - continued |
for the year ended 30 June 2024 |
5. | TANGIBLE FIXED ASSETS |
Long |
leasehold |
£ |
COST |
At 1 July 2023 |
Disposals | ( |
) |
At 30 June 2024 |
NET BOOK VALUE |
At 30 June 2024 |
At 30 June 2023 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Taxation and social security |
Other creditors |
8. | RELATED PARTY DISCLOSURES |
An amount of £Nil (2023 - £55,848) is due to the directors, there are no set repayment terms for this interest free loan. |