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Registration number: 04037366

51 Belsize Park Gardens Limited

Filleted Financial Statements

for the Year Ended 31 July 2024

 

51 Belsize Park Gardens Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 5

 

51 Belsize Park Gardens Limited

Company Information

Directors

Douglas Clarke

Harry Westbrook

Suzanne Egleton

Registered office

51 Belsize Park Gardens
London
NW3 4JL

Auditors

Carbon Accountancy Limited
Chartered Accountants and Registered Auditors
80-83 Long Lane
London
EC1A 9ET

 

51 Belsize Park Gardens Limited

(Registration number: 04037366)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

18,000

18,000

Current assets

 

Debtors

5

11,661

9,720

Cash at bank and in hand

 

34,866

25,143

 

46,527

34,863

Creditors: Amounts falling due within one year

6

(97)

(1,342)

Net current assets

 

46,430

33,521

Net assets

 

64,430

51,521

Capital and reserves

 

Called up share capital

7

9

9

Retained earnings

64,421

51,512

Total equity

 

64,430

51,521

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income and Expenditure.

Approved and authorised by the Board on 25 March 2025 and signed on its behalf by:
 

.........................................
Douglas Clarke
Director

 

51 Belsize Park Gardens Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
51 Belsize Park Gardens
London
NW3 4JL

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 25 March 2025 was John Leyden FCA, who signed for and on behalf of Carbon Accountancy Limited.

.........................................

Revenue recognition

Income comprises amounts receivable from leaseholders by way of services charges in respect of expenditure incurred for the maintenance of 51 Belsize Park Gardens.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

51 Belsize Park Gardens Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

Amounts due from tenants

Trade debtors are amounts due from leaseholders for ground rents/service charges.

Expense creditors

Expense creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Expense creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 August 2023

18,000

18,000

At 31 July 2024

18,000

18,000

Depreciation

Carrying amount

At 31 July 2024

18,000

18,000

At 31 July 2023

18,000

18,000

Included within the net book value of land and buildings above is £18,000 (2023 - £18,000) in respect of freehold land and buildings.
 

 

51 Belsize Park Gardens Limited

Notes to the Financial Statements for the Year Ended 31 July 2024

5

Debtors

Current

2024
£

2023
£

Amounts due from tenants

2,358

3,947

Prepayments

2,039

1,238

Other debtors

7,264

4,535

 

11,661

9,720

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Expense creditors

-

342

Accruals

97

1,000

97

1,342

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

9

9

9

9