Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
30 June 2024
Directors | |
Company Secretary | Mr J Hall |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investment property | 4 | |||||||
Current assets | ||||||||
Debtors | 5 | |||||||
Cash at bank and on hand | ||||||||
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 | ||||||||
Profit and loss account | ||||||||
Shareholders' funds |
The financial statements were approved and authorised for issue by the Board of Directors on 26 March 2025, and are signed on its behalf by: |
Director |
Director Registered Company No. 05698007 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Revenue from rendering of services | |
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Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. |
Current taxation | |
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Deferred tax | |
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Tangible fixed assets and depreciation | |
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Reducing balance (%) | ||
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Fixtures and fittings | ||
Vehicles |
Investment property | |
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Trade and other debtors | |
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Cash and cash equivalents | |
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Trade and other creditors | |
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Share capital | |
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2. | Average number of employees |
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2024 | 2023 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Vehicles | Fixtures & fittings | Total | ||||
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£ | £ | £ | ||||
Cost or valuation | ||||||
At 01 July 23 | ||||||
Additions | ||||||
Disposals | ( | ( | ( | |||
At 30 June 24 | ||||||
Depreciation and impairment | ||||||
At 01 July 23 | ||||||
Charge for year | ||||||
On disposals | ( | ( | ( | |||
At 30 June 24 | ||||||
Net book value | ||||||
At 30 June 24 | ||||||
At 30 June 23 |
4. | Investment property |
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The fair value of the company's investment properties were revalued on 30 June 2020. An independent valuer was not involved. The directors have valued the properties with reference to the local market value. |
£ | ||
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Fair value at 01 July 23 | ||
Additions | ||
At 30 June 24 |
5. | Debtors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Trade debtors / trade receivables | ||||
Prepayments and accrued income | ||||
Total |
6. | Creditors: amounts due within one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Taxation and social security | ||||
Other creditors | ||||
Total |
7. | Creditors: amounts due after one year |
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2024 | 2023 | |||
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£ | £ | |||
Bank borrowings and overdrafts | ||||
Total |
8. | Creditors: amounts due after 5 years |
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9. | Secured creditors |
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Mortgages with a carrying amount of £3,297,417 (2023 - £3,306,858) are denominated in £ with a nominal interest rate of market rate. The mortgages and the investment property have varying final instalment dates. The mortgages are secured on the related investment properties. Bounce back loan is denominated in £ with interest charged at a 2.5%. The carrying amount at year end is £21,667 (2023 - £31,667). |
10. | Provisions for liabilities |
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2024 | 2023 | |||
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£ | £ | |||
Net deferred tax liability (asset) | ||||
Total |
11. | Related party transactions |
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