Registered Number
(England and Wales)
Unaudited Financial Statements for the Period ended
30 April 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | |||
---|---|---|---|---|
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 | |||
Investment property | 4 | |||
Current assets | ||||
Debtors | 5 | |||
Creditors amounts falling due within one year | 6 | ( | ||
Net current assets (liabilities) | ||||
Total assets less current liabilities | ||||
Creditors amounts falling due after one year | 7 | ( | ||
Provisions for liabilities | 10 | ( | ||
Net assets | ||||
Capital and reserves | ||||
Called up share capital | ||||
Revaluation reserve | ||||
Profit and loss account | ( | |||
Shareholders' funds | 11 |
The financial statements were approved and authorised for issue by the Board of Directors on 10 February 2025, and are signed on its behalf by: |
Director Registered Company No. 14775418 |
1. | Accounting policies |
---|
Statutory information | |
---|---|
Statement of compliance | |
---|---|
Basis of preparation | |
---|---|
Functional and presentation currency | |
---|---|
Going concern | |
---|---|
Turnover policy | |
---|---|
Current taxation | |
---|---|
Deferred tax | |
---|---|
Tangible fixed assets and depreciation | |
---|---|
Reducing balance (%) | ||
---|---|---|
Fixtures and fittings |
Investment property | |
---|---|
2. | Average number of employees |
---|---|
2024 | ||
---|---|---|
Average number of employees during the year |
3. | Tangible fixed assets |
---|---|
Fixtures & fittings | Total | |||
---|---|---|---|---|
£ | £ | |||
Cost or valuation | ||||
Additions | ||||
At 30 April 24 | ||||
Depreciation and impairment | ||||
Charge for year | ||||
At 30 April 24 | ||||
Net book value | ||||
At 30 April 24 | ||||
At 02 April 23 |
4. | Investment property |
---|---|
The directors valued the property on 30 April 2024 on an open market valuation basis. The historic cost of the investment property is £924,012. |
£ | ||
---|---|---|
Additions | ||
Fair value adjustments | ||
At 30 April 24 |
5. | Debtors: amounts due within one year |
---|---|
2024 | ||
---|---|---|
£ | ||
Amounts owed by group undertakings | ||
Prepayments and accrued income | ||
Total |
6. | Creditors: amounts due within one year |
---|---|
2024 | ||
---|---|---|
£ | ||
Accrued liabilities and deferred income | ||
Total |
7. | Creditors: amounts due after one year |
---|---|
2024 | ||
---|---|---|
£ | ||
Bank borrowings and overdrafts | ||
Total |
8. | Creditors: amounts due after 5 years |
---|---|
9. | Secured creditors |
---|---|
The loan of £1,023,187 included in Creditors: amounts due after oner year is secured on the four leasehold flats included in Investment Property at £1,275,000. The directors have also provided personal guarantees to the bank. |
10. | Provisions for liabilities |
---|---|
2024 | ||
---|---|---|
£ | ||
Net deferred tax liability (asset) | ||
Total |
11. | Revaluation reserve |
---|---|
£ | ||
---|---|---|
Revaluations of plant, property and equipment | ||
Deferred Tax on Revaluations | ( | |
At 30 April 24 |
12. | Parent-subsidiary relationships |
---|---|