Company Registration No. 15032719 (England and Wales)
2 Fleming Road Limited
Unaudited accounts
for the period from 27 July 2023 to 31 July 2024
2 Fleming Road Limited
Unaudited accounts
Contents
2 Fleming Road Limited
Company Information
for the period from 27 July 2023 to 31 July 2024
Directors
Leanne Hughes
Sophie Ann Hughes
Company Number
15032719 (England and Wales)
Registered Office
2 Fleming Road
Earlstrees Industrial Estate
Corby
NN17 4SW
United Kingdom
Accountants
Donna Urquhart - ITStorm Ltd
10 Earlstrees Court
Earlstrees Industrial Estate
CORBY
Northants
NN17 4AX
2 Fleming Road Limited
Statement of financial position
as at 31 July 2024
Investment property
606,336
Cash at bank and in hand
6,812
Creditors: amounts falling due within one year
(428)
Net current assets
222,749
Total assets less current liabilities
829,085
Creditors: amounts falling due after more than one year
(544,917)
Revaluation reserve
300,000
Profit and loss account
(15,832)
Shareholders' funds
284,168
For the period ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by
Leanne Hughes
Director
Company Registration No. 15032719
2 Fleming Road Limited
Notes to the Accounts
for the period from 27 July 2023 to 31 July 2024
2 Fleming Road Limited is a private company, limited by shares, registered in England and Wales, registration number 15032719. The registered office is 2 Fleming Road, Earlstrees Industrial Estate, Corby, NN17 4SW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
At the year end the investment property was revalued by the directors based upon her knowledge of local market conditions and the condition of the property. In their opinion the value included within the financial statements is a fair value.
Fair value at 31 July 2024 is represented by:
Valuation in 2024 £300,000
Cost £306336
Total £606,336
2 Fleming Road Limited
Notes to the Accounts
for the period from 27 July 2023 to 31 July 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
7
Creditors: amounts falling due after more than one year
2024
The other creditors have undertaken not to demand repayment for at least one year from the date of signing these accounts.
The creditors hold a fixed and floating charge over the company's assets Bank Loan 2024 £544917
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Average number of employees
During the period the average number of employees was 2.