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Company Registration No. 05316770 (England and Wales)
1-20A PRINCE OF WALES MANSIONS LIMITED Unaudited accounts for the year ended 31 December 2024
1-20A PRINCE OF WALES MANSIONS LIMITED Unaudited accounts Contents
Page
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1-20A PRINCE OF WALES MANSIONS LIMITED Company Information for the year ended 31 December 2024
Directors
C M Fellowes C A Molyneaux DS Dodd
Company Number
05316770 (England and Wales)
Registered Office
FLAT 7A PRINCE OF WALES MANSIONS PRINCE OF WALES DRIVE LONDON SW11 4BG ENGLAND
Accountants
Bucks Tax And Payroll Services Limited 217 Dundrum Road Newcastle Down BT33 0LW
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1-20A PRINCE OF WALES MANSIONS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
219,802 
219,802 
Current assets
Debtors
737 
13 
Cash at bank and in hand
47,789 
47,683 
48,526 
47,696 
Creditors: amounts falling due within one year
(3,547)
(4,871)
Net current assets
44,979 
42,825 
Total assets less current liabilities
264,781 
262,627 
Creditors: amounts falling due after more than one year
(50,944)
(50,944)
Net assets
213,837 
211,683 
Capital and reserves
Called up share capital
49 
49 
Profit and loss account
213,788 
211,634 
Shareholders' funds
213,837 
211,683 
For the year ending 31 December 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 4 April 2025 and were signed on its behalf by
C M Fellowes Director Company Registration No. 05316770
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1-20A PRINCE OF WALES MANSIONS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
1-20A PRINCE OF WALES MANSIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05316770. The registered office is FLAT 7A PRINCE OF WALES MANSIONS, PRINCE OF WALES DRIVE, LONDON, SW11 4BG, ENGLAND.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Share Capital
The issued share capital of the Company comprises 49 shares of £1 each, divided into 25 ordinary A £1 shares and 24 ordinary B £1 shares each ranking pari passu, except that the holders of the ordinary A shares shall only be entitled to vote on matters pertaining to service charges payable in respect of residences in the building, and shall be transferred to the new tenant once the holders cease to be residents of the building. The holders of the ordinary B shares are not obliged to transfer them for any reason, and are also required to contribute towards any shortfall of monies needed to repay the mortgage taken out by the Company.
Investment property
The freehold purchase is included at cost.
4
Investment property
2024 
£ 
Fair value at 1 January 2024
219,802 
At 31 December 2024
219,802 
The freehold purchase is valued at cost.
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
737 
13 
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1-20A PRINCE OF WALES MANSIONS LIMITED Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
1,999 
Taxes and social security
641 
702 
Other creditors
88 
31 
Loans from directors
1,836 
558 
Accruals
982 
1,581 
3,547 
4,871 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
50,944 
50,944 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
25 Ordinary A shares of £1 each
25 
25 
24 Ordinary B shares of £1 each
24 
24 
49 
49 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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