Duncan Terrace (No. 46) Limited |
Notes to the Accounts |
for the year ended 31 July 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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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). |
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2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
4 |
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|
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|
|
|
|
|
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3 |
Controlling party |
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The company was not under the control of any individual director or shareholder. |
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4 |
46 Duncan Terrace Income and Expenditure Account |
|
2024 |
|
2023 |
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|
|
|
|
|
£ |
|
£ |
|
Income receivable: |
|
Payments from leaseholders |
|
|
|
|
7,500 |
|
(6,781) |
|
Gross interest |
|
|
|
|
70 |
|
167 |
|
|
Total income receivable |
|
|
|
|
7,570 |
|
(6,614) |
|
|
|
|
|
|
|
|
|
|
|
Less expenses: |
|
Heat and light |
|
|
|
|
209 |
|
279 |
|
Repairs |
|
|
|
|
1,249 |
|
(14,281) |
|
Insurance |
|
|
|
|
5,592 |
|
4,847 |
|
Cleaning |
|
General expenses |
|
|
|
|
- |
|
14 |
|
Accountancy fees |
|
|
|
|
838 |
|
762 |
|
|
|
|
|
|
|
7,888 |
|
(8,379) |
|
|
|
|
|
|
|
|
|
|
Surplus/(Deficit) for the year |
|
|
|
|
(318) |
|
1,765 |
|
|
|
|
|
|
|
|
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5 |
46 Duncan Terrace Balance Sheet as at 31 July 2024 |
|
2,024 |
|
2,023 |
£ |
£ |
|
|
Assets: |
|
Prepayments |
|
|
|
|
3,166 |
|
2,426 |
|
Cash at bank |
|
|
|
|
8,173 |
|
4,887 |
|
Amount owed by leaseholders |
|
|
|
|
167 |
|
2,861 |
|
|
|
|
|
|
11,506 |
|
10,174 |
|
Liabilities: |
|
|
|
|
|
|
|
|
Trade Creditors |
|
|
|
|
- |
|
- |
|
Accruals |
|
|
|
|
(4,464) |
|
(2,814) |
|
|
|
|
|
|
(4,464) |
|
(2,814) |
|
|
|
|
|
|
|
|
|
|
Net assets |
|
|
|
|
7,042 |
|
7,360 |
|
|
|
|
|
|
|
|
|
|
Reserves: |
|
Surplus/(Deficit) for the year |
|
|
|
|
(318) |
|
2,933 |
|
Brought forward |
|
|
|
|
7,360 |
|
4,427 |
|
|
|
|
|
|
7,042 |
|
7,360 |
|
|
|
|
|
|
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4 |
Other information |
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Duncan Terrace (No. 46) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
46 Duncan Terrace |
|
London |
|
N1 8AL |