Registered number
03864864
Niagara House Limited
Filleted Accounts
30 September 2024
Niagara House Limited
Registered number: 03864864
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 5,500 5,500
Current assets
Debtors 4 8,773 5,473
Cash at bank and in hand 24,368 8,473
33,141 13,946
Creditors: amounts falling due within one year 5 (38,628) (19,436)
Net current liabilities (5,487) (5,490)
Net assets 13 10
Capital and reserves
Called up share capital 13 10
Shareholders' funds 13 10
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
John Krol
Director
Approved by the board on 6 May 2025
Niagara House Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Turnover
Turnover consists of contributins to pay expenss from members.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 5,500
At 30 September 2024 5,500
Depreciation
At 30 September 2024 -
Net book value
At 30 September 2024 5,500
At 30 September 2023 5,500
4 Debtors 2024 2023
£ £
Other debtors 8,773 5,473
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 38,628 19,436
6 Other information
Niagara House Limited is a private company limited by shares and incorporated in England. Its registered office is:
55 Fordhook Avenue
London
W5 3LS
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