Company Registration No. 02034343 (England and Wales)
29 RANDOLPH AVENUE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 JUNE 2024
ACCOUNTS FOR FILING WITH REGISTRAR
29 RANDOLPH AVENUE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
29 RANDOLPH AVENUE LIMITED
BALANCE SHEET
AS AT 23 JUNE 2024
23 June 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
13
10
Net current assets
13
10
Capital and reserves
Called up share capital
4
10
10
Profit and loss reserves
3
Total equity
13
10
For the financial year ended 23 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 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 Companies Act 2006 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.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 20 March 2025 and are signed on its behalf by:
J Murphy
Director
Company registration number 02034343 (England and Wales)
29 RANDOLPH AVENUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 23 JUNE 2024
- 2 -
1
Accounting policies
Company information
29 Randolph Avenue Limited is a private company limited by shares incorporated in England and Wales. The registered office is Egale 1, 80 St Albans Road, Watford, Hertfordshire, WD17 1DL.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price.
1.3
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
1.4
During the year the company has acted as agent for the lessees of the property at 29 to 33 (odd) Randolph Avenue, London W9 1BQ. The funds in relation to the maintenance of the property are held in trust. As at 23 June 2024 the cash balance held on behalf of the lessees amounted to £11,234.
The company therefore has no income or expenditure in its own right in relation to the maintenance of the common parts of the property held in accordance with the governing leases. Income and expenditure arising from these transactions is shown in separate service charge accounts for the property that do not form part of the annual accounts of the company and are not filed at Companies House. The accounts can be obtained from 29 Randolph Avenue Limited.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
29 RANDOLPH AVENUE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 23 JUNE 2024
- 3 -
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
13
10
4
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and not fully paid
Ordinary shares of £1 each
10
10
10
10