Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 December 2024
Directors | |
Registered Address | |
Registered Number |
Notes | 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|
£ | £ | £ | £ | |||||
| Fixed assets | ||||||||
| Investment property | 3 | |||||||
| Current assets | ||||||||
| Debtors | 4 | |||||||
| Cash at bank and on hand | ||||||||
| Creditors amounts falling due within one year | 5 | ( | ( | |||||
| Net current assets (liabilities) | ||||||||
| Total assets less current liabilities | ||||||||
| Creditors amounts falling due after one year | 6 | ( | ( | |||||
| Provisions for liabilities | 9 | ( | ||||||
| Net assets | ( | |||||||
| Capital and reserves | ||||||||
| Called up share capital | ||||||||
| Revaluation reserve | ||||||||
| Profit and loss account | ( | |||||||
| Shareholders' funds | 10 | ( | ||||||
| The financial statements were approved and authorised for issue by the Board of Directors on 9 April 2025, and are signed on its behalf by: |
Director Registered Company No. 12985773 |
| 1. | Accounting policies |
|---|
| Statutory information | |
|---|---|
| Basis of preparation | |
|---|---|
| Functional and presentation currency | |
|---|---|
| Turnover policy | |
|---|---|
| Current taxation | |
|---|---|
| Deferred tax | |
|---|---|
| Investment property | |
|---|---|
| Trade and other debtors | |
|---|---|
| Trade and other creditors | |
|---|---|
| Financial instruments | |
|---|---|
| 2. | Average number of employees |
|---|---|
| 2024 | 2023 | |||
|---|---|---|---|---|
| Average number of employees during the year |
| 3. | Investment property |
|---|---|
| The investment property was valued by the directors on 31 December 2024 on an open market value for existing use basis. The historical cost of the property was £386,171 (2023: £386,171). |
| £ | ||
|---|---|---|
| Fair value at 01 January 24 | ||
| Fair value adjustments | ||
| At 31 December 24 |
| 4. | Debtors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Other debtors | ||||
| Total |
| 5. | Creditors: amounts due within one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade creditors / trade payables | ||||
| Bank borrowings and overdrafts | ||||
| Other creditors | ||||
| Accrued liabilities and deferred income | ||||
| Total |
| 6. | Creditors: amounts due after one year |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank borrowings and overdrafts | ||||
| Other creditors | ||||
| Total |
| 7. | Creditors: amounts due after 5 years |
|---|---|
| 8. | Secured creditors |
|---|---|
| The bank borrowings are mortgage loans secured on the investment properties to which they relate. |
| 9. | Provisions for liabilities |
|---|---|
2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Net deferred tax liability (asset) | ||||
| Total |
| 10. | Revaluation reserve |
|---|---|
| The revaluation reserve represents the amount of unrealised surplus created when the investment property was revalued. The reserve represents non-distributable funds. |
| £ | ||
|---|---|---|
| Revaluations of other assets | ||
| Deferred Tax on Revaluations | ( | |
| At 31 December 24 |
| 11. | Related party transactions |
|---|---|