Registered number |
Registered number: | |||||||
Balance Sheet | |||||||
as at |
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Notes | 2024 | 2023 | |||||
£ | £ | ||||||
Creditors: amounts falling due within one year | 3 | - | ( |
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Net current liabilities | - | ( |
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Net liabilities | - | ( |
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Capital and reserves | |||||||
Called up share capital | |||||||
Profit and loss account | ( |
( |
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Shareholders' funds | - | ( |
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S T Glanville | |||||||
Director | |||||||
Approved by the board on |
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Notes to the Accounts | ||||||||
for the year ended |
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1 | Accounting policies | |||||||
Basis of preparation | ||||||||
The accounts are presented in pounds sterling (£). |
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The accounts are prepared on the historical cost basis except that investment properties are stated at their fair value. |
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Going concern | ||||||||
As noted in the directors’ report, these financial statements have not been prepared on a going concern basis for the following reasons: |
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• The company does not currently hold any property assets and therefore has no means of generating future cashflows. • The directors have not identified any future opportunities for the company in respect of the underlying property business. • The directors are considering winding up the company in the near future. |
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2 | Employees | 2024 | 2023 | |||||
Number | Number | |||||||
Average number of persons employed by the company | ||||||||
The company had no employees during the current or preceeding financial years. No fees are paid in respect of directors' services. | ||||||||
3 | Creditors: amounts falling due within one year | 2024 | 2023 | |||||
£ | £ | |||||||
Other creditors | - | |||||||
4 | Related party transactions | |||||||
The company undertook the following transactions with entities whose directors include directors of this company: | ||||||||
Transactions in the year | Amounts due from / (to) | |||||||
2024 | 2023 | 2024 | 2023 | |||||
£ | £ | £ | £ | |||||
Wellbark Property Limited | ||||||||
Payments made on account | - | - | - | (1,957,852) | ||||
Effective 31 March 2023, Wellbark signed a deed of release, irrevocably waiving its right to receive payment from Coney (York) Limited for the balance due at that date. The payable balance has therefore been fully written off with the resulting credit released to the profit and loss account in the prior year. | ||||||||
All related party balances are unsecured. | ||||||||
5 | Controlling party | |||||||
The directors regard Golftee LP 4 Limited as the immediate controlling party. In the directors' opinion there is no ultimate controlling party. The results of the company are not included in any group financial statements. |
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6 | Other information | |||||||
Coney (York) Limited is a private company limited by shares and incorporated in England. Its registered office is: | ||||||||
First Floor, Finchale House | ||||||||
Belmont Business Park | ||||||||
Durham | ||||||||
DH1 1TW |