Registered number
09513702
32 Manor Road Limited
Filleted Accounts
31 March 2024
32 Manor Road Limited
Registered number: 09513702
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 2 82,500 82,500
Current assets
Cash at bank and in hand 1,374 1,651
Creditors: amounts falling due within one year 3 (84,930) (84,930)
Net current liabilities (83,556) (83,279)
Net liabilities (1,056) (779)
Capital and reserves
Called up share capital 5 5
Profit and loss account (1,061) (784)
Shareholders' funds (1,056) (779)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Hiscock
Director
Approved by the board on 20 March 2025
32 Manor Road Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Income
Income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings nil
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2023 82,500
At 31 March 2024 82,500
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 82,500
At 31 March 2023 82,500
Freehold land and buildings: 2024 2023
£ £
Historical cost 82,500 82,500
Cumulative depreciation based on historical cost - -
82,500 82,500
The freehold property known as 32 Manor Road, was valued at the time of acquisition and the valuation is still considered to be realistic by the directors of the company.
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 84,930 84,930
Other Creditors consists entirely of amounts paid by the shareholders on behalf of the company
to purchase the freehold known as 32 Manor Road, Beckenham, Kent BR3 4LE.
The loans are not repayable until such time as the connected leasehold is sold
4 Other information
32 Manor Road Limited is a private company limited by shares and incorporated in England. Its registered office is:
The Hill Hub
1a Highfield Rd
Dartford
Kent
DA1 2JH
32 Manor Road Limited 09513702 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 S Hiscock No description of principal activity 09513702 core:WithinOneYear 2023-03-31 09513702 core:ShareCapital 2023-03-31 09513702 core:RetainedEarningsAccumulatedLosses 2023-03-31 09513702 2023-04-01 2024-03-31 09513702 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09513702 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09513702 bus:Director40 2023-04-01 2024-03-31 09513702 1 2023-04-01 2024-03-31 09513702 2 2023-04-01 2024-03-31 09513702 countries:England 2023-04-01 2024-03-31 09513702 bus:FRS102 2023-04-01 2024-03-31 09513702 bus:FilletedAccounts 2023-04-01 2024-03-31 09513702 2024-03-31 09513702 core:WithinOneYear 2024-03-31 09513702 core:ShareCapital 2024-03-31 09513702 core:RetainedEarningsAccumulatedLosses 2024-03-31 09513702 core:LandBuildings 2024-03-31 09513702 2023-03-31 09513702 core:LandBuildings 2023-03-31 iso4217:GBP xbrli:pure