0 01/10/2023 30/09/2024 2024-09-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-10-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10973591 2023-10-01 2024-09-30 10973591 2024-09-30 10973591 2023-09-30 10973591 2022-10-01 2023-09-30 10973591 2023-09-30 10973591 2022-09-30 10973591 bus:RegisteredOffice 2023-10-01 2024-09-30 10973591 bus:LeadAgentIfApplicable 2023-10-01 2024-09-30 10973591 bus:Director1 2023-10-01 2024-09-30 10973591 bus:Director2 2023-10-01 2024-09-30 10973591 bus:Director3 2023-10-01 2024-09-30 10973591 bus:Director4 2023-10-01 2024-09-30 10973591 bus:Director7 2023-10-01 2024-09-30 10973591 bus:Director9 2023-10-01 2024-09-30 10973591 bus:Director10 2023-10-01 2024-09-30 10973591 core:WithinOneYear 2024-09-30 10973591 core:WithinOneYear 2023-09-30 10973591 core:ShareCapital 2024-09-30 10973591 core:ShareCapital 2023-09-30 10973591 bus:SmallEntities 2023-10-01 2024-09-30 10973591 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10973591 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10973591 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10973591 bus:FullAccounts 2023-10-01 2024-09-30 10973591 core:OtherReservesSubtotal 2024-09-30 10973591 core:OtherReservesSubtotal 2023-09-30 10973591 core:WithinOneYear 2023-10-01 2024-09-30
Company registration number: 10973591
92 Gladstone Street Limited
Unaudited filleted financial statements
30 September 2024
92 Gladstone Street Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
92 Gladstone Street Limited
Directors and other information
Directors Mr J Johns
Mr L W Daniel (Resigned 15 December 2023)
Miss L N Cooper
Mr P J Curtis
Miss R L Goodson
Mr M W Margetts
Mrs J E Williams
Mr C Grace
Ms K J Rumble
Miss M L Jenkins (Resigned 28 September 2024)
Mr A Rahman (Appointed 15 December 2023)
Ms K Scott
Miss J E Francis (Appointed 29 September 2024)
Company number 10973591
Registered office 92 Gladstone Street
Crosskeys
Newport
Gwent
NP11 7PN
Accountants Beverley & Williams Accountants Ltd
Unit A St Davids House
Feeder Row
Cwmcarn
Newport, Gwent
NP11 7ED
92 Gladstone Street Limited
Statement of financial position
30 September 2024
2024 2023
Note £ £ £ £
Current assets
Debtors 4 2,402 1,656
Cash at bank and in hand 10,757 9,734
_______ _______
13,159 11,390
Creditors: amounts falling due
within one year 5 ( 1,350) ( 1,362)
_______ _______
Net current assets 11,809 10,028
_______ _______
Total assets less current liabilities 11,809 10,028
_______ _______
Net assets 11,809 10,028
_______ _______
Capital and reserves
Called up share capital 11 11
Repairs and maintenance reserve 6 11,798 10,017
_______ _______
Shareholders funds 11,809 10,028
_______ _______
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 21 January 2025 , and are signed on behalf of the board by:
Mr M W Margetts
Director
Company registration number: 10973591
92 Gladstone Street Limited
Notes to the financial statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat A Tredegar House, 92 Gladstone Street, Crosskeys, Newport, Gwent, NP11 7PN.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
4. Debtors
2024 2023
£ £
Prepayment of insurance 2,323 1,654
Tenant arrears/prepayments of service charges and ground rents 79 2
_______ _______
2,402 1,656
_______ _______
5. Creditors: amounts falling due within one year
2024 2023
£ £
Other creditors 1,350 1,362
_______ _______
92 Gladstone Street comprises of 11 properties. The properties are let on 125 year leases at an annual ground rent of £1.
6. Reserves
Repairs and maintenance reserve
2024
£
At 1 October 2023 10,017
Expenditure for the year (4,065)
_______
5,952
Transfer from service charge account 5,846
_______
At 30 September 2024 11,798
_______