Caseware UK (AP4) 2023.0.135 2023.0.135 No description of principal activityfalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalse2023-08-0100true 15041344 2023-07-31 15041344 2023-08-01 2024-08-31 15041344 2022-08-01 2023-07-31 15041344 2024-08-31 15041344 c:Director1 2023-08-01 2024-08-31 15041344 d:FreeholdInvestmentProperty 2023-08-01 2024-08-31 15041344 d:FreeholdInvestmentProperty 2024-08-31 15041344 d:CurrentFinancialInstruments 2024-08-31 15041344 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 15041344 d:ShareCapital 2024-08-31 15041344 d:RetainedEarningsAccumulatedLosses 2024-08-31 15041344 c:FRS102 2023-08-01 2024-08-31 15041344 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-08-31 15041344 c:FullAccounts 2023-08-01 2024-08-31 15041344 c:PrivateLimitedCompanyLtd 2023-08-01 2024-08-31 15041344 e:PoundSterling 2023-08-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 15041344










POWELL ROAD FREEHOLD LTD








Unaudited

Financial statements

Information for filing with the registrar

For the Period Ended 31 August 2024

 
POWELL ROAD FREEHOLD LTD
Registered number: 15041344

Balance sheet
As at 31 August 2024

2024
Note
£

Fixed assets
  

Investment property
 4 
40,000

  
40,000

  

Creditors: amounts falling due within one year
 5 
(41,213)

Net current (liabilities)/assets
  
 
 
(41,213)

Total assets less current liabilities
  
(1,213)

  

Net (liabilities)/assets
  
(1,213)


Capital and reserves
  

Called up share capital 
  
20

Profit and loss account
  
(1,233)

  
(1,213)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 April 2025.




D Herczl
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
POWELL ROAD FREEHOLD LTD
 
 
 
Notes to the financial statements
For the Period Ended 31 August 2024

1.


General information

Powell Road Freehold Ltd is a private company limited by shares and registered in England and Wales.
The registered address is 61 Jessam Avenue, London, E5 9DU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.

The average monthly number of employees, including directors, during the period was 0.

Page 2

 
POWELL ROAD FREEHOLD LTD
 
 
 
Notes to the financial statements
For the Period Ended 31 August 2024

4.


Investment property


Freehold investment property

£



Valuation


Additions at cost
40,000



At 31 August 2024
40,000

The 2024 valuations were made by the director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
£


Historic cost
40,000

40,000


5.


Creditors: Amounts falling due within one year

2024
£

Other creditors
40,613

Accruals and deferred income
600

41,213


 
Page 3