52 Wightman Road Management Limited
Statement of financial position
as at 30 June 2024
Investment property
1,049,618
867,305
Cash at bank and in hand
636
5,328
Creditors: amounts falling due within one year
(560)
(28,603)
Net current assets/(liabilities)
76
(23,275)
Total assets less current liabilities
1,049,694
844,030
Creditors: amounts falling due after more than one year
(1,104,439)
(891,397)
Net liabilities
(54,745)
(47,367)
Called up share capital
100
100
Profit and loss account
(54,845)
(47,467)
Shareholders' funds
(54,745)
(47,367)
For the year ending 30 June 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 March 2025 and were signed on its behalf by
Almaz Sereke EqubaMichael
Director
Company Registration No. 05838973
52 Wightman Road Management Limited
Notes to the Accounts
for the year ended 30 June 2024
52 Wightman Road Management Limited is a private company, limited by shares, registered in England and Wales, registration number 05838973. The registered office is 18 Doveridge Gardens, London, London, N13 5BL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 July 2023
867,305
5
Creditors: amounts falling due within one year
2024
2023
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
1,104,439
891,397
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).